INVESTMENT OPPORTUNITY - FOR SALE OR LEASE
For Sale $149,000 - $159,000 plus GST
Description

Complete Real Estate welcomes your enquires on an investment opportunity for the astute investor at 46 Church Street Penola. Offering a versatile floor space with expansive windows at the front, allowing for a generous sized display for your business. Currently set up with an open floor space with kitchen sink in the front area of the building. Additional areas include a closed off area to customers with a toilet and storage area. Rear access is an added bonus, large double sliding doors open at the back to allow for deliveries to the premise. This section is also accessible from the front of the premises, allowing for ease of convenience for deliveries and or storage of items. Prominent signage display is positioned at the front of the building, allowing the option for excellent advertising opportunity with passing traffic through the centre of town. Off street parking is available off Young Street for employers and employees.

The shop floor space is approximately 125.32 square metres in size and located on approximately 502 square metre allotment. Located in the main street of the bustling town and next to existing established businesses including that of Koonara Wines cellar. With an abundance of opportunities for a new owner to come in and establish the building as their own.

Located approx. 388 km south east of Adelaide, Penola is in the heart of one of South Australia’s most productive wine growing areas. Similarly located approximately 420 kilometres from Melbourne Victoria, Penola is a hive of tourism activity within the Limestone Coast. The regional city centre of Mount Gambier is a short 52 kilometres distance and is a vibrant city of diverse industry including tourism, forestry and boasts a dominant food bowl. Surrounding Penola is the renowned and growing wine region known as Coonawarra, with the exceptional soils, the area produces superb red wines. In addition Penola’s history is associated with two of Australia’s most distinguished poets and is the location in the life of Mary MacKillop, Australia’s first saint.

The vendor is open to the option of a sale of the property or a long term rental agreement ($250 per week + outgoings)

Inspections welcomed to view this diverse commercial premise, contact our office for additional information.

Property Features
  • Retail
  • Land is 502 m²
  • Floor Area is 125 m²
Commercial Features
Zone

Town Centre

  • Location
  • Street View
  • Properties nearby

Nearby sales

Recent Sales
  • $2.0M

    $1.6M

    $1.2M

    $800k

    $400K

#Street:Suburb:Type:Const:Features:B/B:Original Price:List Price:Sale Price:Sale Date:DOM:Listing Agency:Listing Agent:
14 Robe Road, PENOLA SA 5277 Draft Penola House Built-In Wardrobes, Close to Shops, Garden 3 Beds / 2 Baths $300,000 $300,000$319,000 24-06-2019 PPHS Jo OÕConnor
16600 Riddoch Highway, Penola SA 5277 Draft Penola AcreageSemi-rural 4 Beds / 1 Baths $220,000 $220,000$180,000 19-08-2019 Malseeds Real Estate Jason Malseed
39 McArthur Street, Penola SA 5277 Draft Penola House 3 Beds / 1 Baths $210,000 $210,000$200,000 05-03-2019 Malseeds Real Estate Emily Rayner
38 Young Street, PENOLA SA 5277 Draft Penola Other $150,000 $150,000$154,000 06-06-2019 SAL Brenton Leggett

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