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37 Millicent Road, Penola$450,000
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For Salehouse

37 Millicent Road

Penola, SA 5277, Australia
$450,000
1 bed 1 bath8094 m²

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About this property

Once you purchase this prime piece of real estate, your options are limitless! Double frontage entrance, 100 metres wide, one title, zoned Primary Production and suitable for storage/warehousing of primary production activities or other uses (subject to council and planning and building regulations.) There are two separate buildings with a large court yard so if you had the dream of wanting to open a craft brewery and tasting rooms or some sort of accommodation facility, this property would be ideal (again, it would need council approval.) This property is situated on approximately 2 acres of land which would be perfect for a market garden or for parking. Other features of this property include 3 phase power, 40,000 gallons of rainwater and 2 10 horse power pumps. Ring Jo today 0n 0429 854 910

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Land Area
8094 m²
Listed
3 months ago

Repayment calculator

$2,182/month
$1,091 /fortnight
Loan $360,000 at 6.10% over 30 years

Upfront costs

Deposit$90,000
Stamp duty$18,830
Conveyancing (est.)$2,000
Total upfront$110,830
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Penola

This 1-bedroom house in Penola, SA 5277 sits within reach of and nearby schools. It is listed 61% above the $280,000 median of 35 comparable houseswithin 5 km.

Schools near Penola

  • Mary MacKillop Memorial Schoolprimary · R-6 · CoEd
  • Penola Primary Schoolprimary · R-6 · CoEd
  • Penola High Schoolsecondary · 7-12 · CoEd

Penola at a glance

Full suburb profile
Population
1,622
Median age
47
Household income
$1,369/wk
Median rent
$198/wk
Median mortgage
$1,050/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Penola price trend

Median sold · House 3 bed

Compound growth +15.3% / yr over 4 yrs

$455kcurrent median

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Price history

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1 price change recorded for this property

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