OFF MARKET

24-26 Robe Road
Penola SA 5277

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1422m2
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Property Details for 24-26 Robe Rd, Penola

Building Type
Land
Land Size
1422m2
Local Government
Wattle Range
Lot/Plan
A20/D91219

Last Listing description (September 2022)

TDC present to the market 24-26 Robe Road (or Street); A large double block, with some 1,422m2 available with loads of potential & the advantage of flexibility.

Here, the choice is yours. Officially sitting within the 'Township Activity Zone', the block has great proximity to the thriving main street commercial activity that is the tourist town of Penola. Making this parcel perfect for a variety of business uses - tourist accommodation just one of many possibilities.

Units, dual town houses and even a large family home would fit right in with the surrounding residential dwellings (subject to council approval). Enjoy the dual benefits of such easy access to all Penola has to offer whilst maintaining that neighborhood feel.

Looking for an investment? Subdivision of the double block should be easy to achieve (subject to council approval) or for the astute buyer, the commercial property to the rear of this block is also available to purchase. Buy both & maintain dual street access, large shedding and a rental income.

View the adjoining commercial listing here;

https://www.tdcagents.com.au/property/817/65-67-church-street-penola-sa

Power & water are available at the front of the block.

Other items to note;

- The double block is held on a single title.

- Wattle Range Council rates $1,167.90 per annum.

- Zoned 'Township Activity Centre'.

Property Code: 816

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Property History for 24-26 Robe Rd, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$370,000
06 Sep 2022
  • 06 Sep 2022
    Sold for $370,000
  • 01 Apr 2022
    Listed for Sale UNDER CONTRACT
  • 01 Jul 2015
    Sold for $150,000

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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 1,247 properties. Over the last 5 years, Houses in Penola have seen a 104.87% increase in median value, while Units have seen a 36.68% increase. As at 31 January 2025:

  • The median value for Houses in Penola is $364,745 while the median value for Units is $264,467.
  • Houses have a median rent of $270.
There are currently 6 properties listed for sale, and no properties listed for rent in Penola on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Penola.

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