38 Young St, Penola, SA 5277

Retail | Offices | Other

Sold $200,000

  • Property ID: 390797
  • Floor Area: 103m²
  • Land Area: 103m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 03/08/2023 103m2 103m2 N/A
TOWN SQUARE PRESENCE (FREEHOLD)

Grab this rare opportunity to secure this solid stone, versatile space fronting Penola's picturesque town square.

Currently operating as Penola's takeaway shop, capitalise on what is already a fabulous existing business (existing equipment is included) Or, make it your own; Zoned 'Township Activity Centre', the space is flexible and would suit retail, office or hospitality usage - Perhaps a wine bar or cellar door.

Situated on a modest 103m2 corner allotment, there is ample parking both on the street and the car park directly adjacent.

Investors take note - Penola is generating some strong returns on commercial spaces. Lease option negotiable.

Contact Mark De Garis 0428 372 124 or Meg Redman 0407 740 034 to find out more or to arrange a private inspection today.

Property Code: 764

Penola Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $1067 --- ---
Retail $2158 --- ---
This is the average advertised price, rent and yield for Penola, SA 5277*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in SA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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