58 Portland StreetPenola SA 5277
Property Details for 58 Portland St, Penola
58 Portland St, Penola is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1955. The property has a land size of 766m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Penola in the last 12 months.
Last Listing description (April 2024)
Ray White Mt Gambier are pleased to present 58-60 Portland Street, Penola.
Exclusive Oasis Awaits with a Thriving Investment Opportunity - A rare find.
A remarkable opportunity awaits those seeking a seamless blend of serene living and entrepreneurial pursuits. Picture awakening each day to the awe-inspiring views of vast vineyards, embraced by a property that embodies comfort and charm. This exclusive offer welcomes you to own and reside in a stunning residence with an adjacent investment property - or as a "set and forget" strategically positioned dual investment.
Nestled in the heart of serenity, 58 Portland Street stands as a testament to personalised living. Boasting a thoughtfully designed layout, this two-bedroom haven features both a walk- in robe and a built-in robe, catering to the most discerning tastes.
The kitchen, the heart of the home, has been intelligently opened up, seamlessly flowing into a luminous dining area offering sweeping panoramic views of the vineyards across the road. Enhancing its appeal are features like a single garage, an enclosed yard, and the eco- friendly advantage of solar gas hot water.
Adjacent to this lies 60 Portland Street, a captivating property. With two carpeted bedrooms, this residence extends a warm welcome with an open-plan lounge and dining area that creates space for relaxation, with a separate spacious kitchen with the potential to create and informal dining space. An enclosed yard guarantees privacy - with a two-car shed adding a practical touch.
If your dreams have ever revolved around living in a serene locale overlooking lush vineyards while also indulging in a fulfilling investment venture, your aspirations are within reach. Embrace the fusion of lifestyle and business, and step into a world where vineyard views and entrepreneurial aspirations harmoniously coexist.
A dream property and prosperous venture awaits - Contact Tahlia and the Ray White Mt Gambier team today to learn more about this surprisingly unique property and the wonderful
residential area. Phone directly to book your viewing and avoid disappointment.
Seize this opportunity to immerse yourself in the perfect blend of living and business amidst the beauty of the Coonawarra Vineyard Lifestyle.
RLA - 291953
Additional Property Information:
Age/ Built: 1955
Land Size: 58 Portland Street - 746m2 / 60 Portland Street - 689m2
Council Rates: Approx. $453.30
Rental Appraisal: 58 Portland Street is currently leased at $280 per week.
60 Portland Street is currently leased at $350 per week.
Property History for 58 Portland St, Penola, SA 5277
- 05 Apr 2024Sold for $455,000
- 29 Aug 2023Listed for Sale $449,000 - $489,000
- 25 Jan 2023Listed for Rent $280 / week
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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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