OFF MARKET

16600 Riddoch Highway
Penola SA 5277

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 147m2
Land area: 27070m2
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Property Details for 16600 Riddoch Hwy, Penola

16600 Riddoch Hwy, Penola is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1965. The property has a land size of 27070m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1965
Floor Size
147m2
Land Size
27070m2
Local Government
Wattle Range
Lot/Plan
S581/H421600

Last Listing description (September 2023)

A picturesque rural position on an improved and well established allotment, 16600 Riddoch Highway is the ideal tree change that you've been looking for, offering approximately 6.7 acres of hobby farm bliss! Located in the heart of the Limestone Coast in the South East of SA, the Coonawarra Region boasts a big reputation for it's terra rossa soils and award-winning wine produce, with the quaint country township of Penola being it's gatekeeper and tourism hub, and this lovely property is ideally situated only a short 10 minutes south of it.

Mature gum trees frame the driveway as you enter the property, taking in the lush pastures that surround the now tidy and well maintained house block. Surrounding the property, quality updated fencing provides various secure areas for the family and kids, pets and livestock alike - in particular the approximately 4.5 acre front paddock with bore supplied water troughs, stock fencing and sheep run perfect for the hobby farmer seeking a lifestyle change.

Entering the home itself, you're met with a light and neutral living and kitchen space benefiting from a northeastern aspect taking in the beautiful morning light and stunning rural views. The carpeted lounge on entry includes brand new reverse cycle air conditioning and a large updated woodfire heater, adjoining the country style kitchen with electric cooktop and oven, dishwasher and a spacious walk in pantry. The versatile floorplan allows for 4 bedrooms and an office, or a second large living/rumpus room depending on your needs. In its current format, the master bedroom includes a new reverse cycle air conditioner, ceiling fan and hanging shelving, whilst providing direct access via sliding doors to the secured pet yard. Remaining bedrooms are all carpeted, the largest including a ceiling fan, whilst there is also a separate office space ideal for kids study time or those working from home. Wet areas include bathroom with walk in shower, vanity and toilet, whilst the laundry area that adjoins the kitchen provides a mudroom, trough and storage space as well as a 2nd toilet.

Outside of the home a 12m x 10m shed sits firmly on a solid concrete foundation and includes several power outlets, with a well-lit and insulated "man cave" or home gym space separately accessible via glass sliding door access at the front of the shed - great for entertaining friends or the potential to adapt for home business use if desired (STCA). The adjoining two bay space provides room for vehicle, tool and workbench storage and all of the projects that you promised yourself you would get to eventually! The 10m depth of the shed means you can keep vehicles out of the elements with ease, but still leave ample space to work in, tinker with or escape to.

Numerous rainwater tanks provide in-line water storage and supply of over 50,000L that is plumbed to the house, whilst a pressured bore services outside taps, troughs and gardens via 2-inch main pipes and 25ml sprinkler lines - this runs through 4 zones in a fully automated setup to the houseblock. Other services include electric hot water service and an updated electrical switchboard with RCD's, plus a bottled gas line with bayonet fitting into the master bedroom.

Located a short distance from the historic township of Penola that provides a strong tourist and local retail/hospitality trade, whilst only being 20 minutes from the large regional center that is Mount Gambier as well, properties with this rural living aspect at a still affordable price point have been few and far between in recent years. Don't miss your opportunity to inspect - contact Alistair to arrange a viewing today.

RLA - 291953
Additional Property Information:
Land Size: Approx 6.7 acres
Livestock Enclosure: Approx 4.5 acres
Council Rates: approx. $280 per quarter
Bin Service: approx. $40 per month

Property History for 16600 Riddoch Hwy, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$509,000
01 Sep 2023
  • 01 Sep 2023
    Sold for $509,000
  • 15 Jun 2023
    Listed for Sale $499,000 - $529,000
  • 11 Sep 2019
    Sold for $180,000
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About Penola 5277

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:

  • The median value for Houses in Penola is $376,499 while the median value for Units is $262,412.
  • Houses have a median rent of $260.
There are currently 5 properties listed for sale, and no properties listed for rent in Penola on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Penola.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.