39 Clarke StreetPenola SA 5277
Property Details for 39 Clarke St, Penola
39 Clarke St, Penola is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 866m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (October 2024)
Welcome to Ruby's Cottage!! Read all about our versatile, cosy property on offer!! Move in or run your own business as Ruby's Cottage is a thriving B&B, located close to the CBD of Penola, on the edge of the Coonawarra Wine Region and can cater for 4 guests. This charming two bedroom residence has been beautifully maintained and offers a unique opportunity to own a successful business, which is being sold on a walk-in walk out basis and you'll hit the ground running the future bookings! Has been earning an income between $40,000-$50,000 per annum. Or if you would rather just move in yourself and enjoy living in your own B&B every day!!
Rubys Cottage has an open plan lounge/dining/kitchen area with a new furbished kitchen complete with new appliances on a 866m2 block. The bathroom is very spacious and romantic with a large spa bath. The huge private pergola is perfect to sample your purchases from the district. One car garage with power.
This property consistently has high occupancy rates and has a strong online presence and booking system in place. Entrepreneurs looking to own a successful B&B business or those wanting to downsize or break free from renting, need to contact Jo O'Connor to schedule a viewing to make this property yours.
Property History for 39 Clarke St, Penola, SA 5277
- 11 Oct 2024Listed for Sale $335,000
- 04 Jul 2024Listed for Sale $350,000
- 22 Nov 2021Sold for $250,000
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0About 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.
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