87 Church StreetPenola SA 5277
Property Details for 87 Church St, Penola
Last Listing description (February 2024)
Discover an exceptional property at 87 Church Street, Penola, offering a myriad of possibilities. Currently occupied by EE Muir and Sons, their tenancy is set to conclude at the end of this year. This versatile space encompasses a showroom with offices, an upstairs boardroom area, and an expansive drive-through shed with substantial storage capacity.
Situated on an approximately 1500-square-metre allotment, the property boasts side driveway access to a rear 130-square-metre steel-framed shed with a concrete floor. In addition, the front showroom/shed, spanning approximately 480 square metres with concrete flooring, lends itself to a wide range of applications, including storage, business supplies, and drive-through pick-up services.
This exceptional property is available for sale via Expression of Interest, with submissions due by October 20, 2023, at 5pm. Please send your inquiries to m.degaris@tdcagents.com.au or visit 49 Church Street, Penola, for more information. Don't miss out on this rare opportunity with unlimited potential.
Property Code: 880
Property History for 87 Church St, Penola, SA 5277
- 07 Feb 2024Sold for $375,000
- 21 Sep 2023Listed for Sale Expressions of Interest
- 12 Nov 2002Sold for $26,000
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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 1,240 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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