130a Church St, Penola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1867. The property has a land size of 752m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
** Due to strong interest and a number of offers being submitted, I now ask for all Highest, Best & Final offers to be submitted in writing to our office by 4pm, Tuesday 7th December 2021**
Welcome to 130A Church Street, Penola - A gorgeous 1867 cottage oozing character, formerly known as 'The Old Wine Store'.
This renovated cottage sits in the heart of Penola and is only a short walk to popular shopping stores, cafe's and wineries. With B & B accommodation so popular in and around Penola, this property is the ideal investment opportunity not to be missed. A WIWO option is also available.
With the perfect white picket fence, you'll be drawn to the front of the home which firstly offers an office / studio / sunroom or small 4th bedroom, the perfect place to relax or work from while overlooking the beautiful gardens & soaking in the serenity.
Inside this gorgeous cottage you will find, original timber flooring flowing through, three nice size bedrooms with the master offering walk in robe space, a formal lounge with slow combustion wood heating plus an open plan dining, kitchen & living with reverse cycle unit for added warmth & cooling.
The spacious bathroom has been recently updated with underfloor heating, a lovely deep bath, walk in shower plus separate toilet for convenience. The laundry has been incorporated with the bathroom but well designed without compromising space!
Step outside where you'll find the lovely entertaining area with an undercover paved pergola area surrounded by established gardens & shady trees aswell as an additional fire pit area.
Outside consists of a recently upgraded heritage galvanized roof & gutters, 2 x rainwater tanks, single bay garage with power + off street parking in double driveway, landscaped gardens, automatic sprinkler & irrigation system that can be remotely operated via smart phone.
Independent rent appraisal of $290 - $310 per week.
For further information or to arrange an inspection, contact Bianca Taylor - available 7 days on 0407 613 346
The size of Penola is approximately 252.5 square kilometres. It has 14 parks covering nearly 11.5% of total area. The population of Penola in 2011 was 1,706 people. By 2016 the population was 1,571 showing a population decline of 7.9% in the area during that time. The predominant age group in Penola is 60-69 years. Households in Penola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penola work in a labourer occupation. In 2011, 70.7% of the homes in Penola were owner-occupied compared with 67.4% in 2016.
Penola has 1,241 properties. Over the last 5 years, Houses in Penola have seen a 93.48% increase in median value, while Units have seen a 46.50% increase. As at 31 October 2024:
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