17 John St, Penola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 846m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
This is an outstanding opportunity for the astute investor, those wanting to kick start their property portfolio, first homeowners or retirees. The property is priced to sell and has proven rental history, previously tenanted for $160 per week. With some aesthetic improvements, this property could fetch far more.
On offer, a solid stone home, located on a spacious 841 square metre allotment. The property can be lived in as-is, however there is enormous potential here for improvement - a renovators delight.
The house itself comprises three good sized bedrooms and a separate natural light-filled lounge with gas heater. There is a spacious kitchen / meals with original features, free standing gas stove and is connected to rainwater. Off here, towards the rear of the house, a laundry & separate toilet can be found.
The yard offers good fencing, established trees and hills hoist. A driveway extends to a single car garage with power and concrete floor. Located close to McCorquindale Park (Penola's sporting hub) and the main street, this is a great entry level property with fantastic bones.
Penolas most affordable home surely wont be listed for long. Call Meg 0407 740 034 or Karly 0438 339 729 to arrange your private inspection today.
Property Code: 748
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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