10 South Tce, Penola is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 5520m2.This Property is currently listed for sale with Ray White Mt Gambier
Expressions Of Interest by 12pm Thursday 25th June 2026 (Unless Sold Prior)
Set in one of the most admired pockets of Penola, 10 South Terrace presents a rare opportunity to secure a substantial lifestyle property where space, privacy and timeless quality come together in perfect harmony. Renowned for its rich history, welcoming community and close proximity to the world-famous Coonawarra Wine Region, Penola continues to attract buyers seeking an enviable country lifestyle with all the conveniences of a thriving regional township. Framed by uninterrupted vineyard and rural outlooks that will never be built out, this exceptional property offers peace, prestige and a truly picturesque setting.
Beautifully maintained and lovingly cared for over many years, this brick residence is surrounded by award-winning established gardens once showcased as part of local open garden events. Freshly painted throughout and offering an abundance of living space, the home has been thoughtfully designed for comfortable family living, entertaining and working from home. With extensive shedding, immaculate grounds, outstanding storage and self-sufficient infrastructure, this is a property unlike anything else currently available on the market.
Property Features
Brick construction with maintained tiled roof
3 spacious bedrooms plus dedicated study/nursery with external access
Expansive master suite with huge walk-in wardrobe and ensuite
Open plan kitchen, dining and living area
Additional formal lounge room which lends perfectly to the creation of an additional bedroom
Kitchen and bathrooms in excellent original condition
Fully ducted reverse cycle air conditioning throughout
Large slow combustion wood heater in the family room
Generous laundry with full wall of floor-to-ceiling storage cupboards
Freshly painted interiors throughout
Outdoor undercover pergola and BBQ entertaining area
Double carport under the main roof with direct access into the home
Bitumised circular turnaround driveway
Massive industrial height shed ideal for workshop, caravan, boats and machinery storage
Shed includes mezzanine storage floor
Three-phase power connected to the shed
Solar panels installed on the shed
Two bores servicing the property
Automated 10-station watering system
Dedicated vegetable garden with composting areas and irrigation
Established fruit trees and beautifully maintained award-winning gardens
New rainwater tank connected to the house
Woodshed for convenient dry wood storage
Automatic security lighting to house and shed
Hardwired smoke alarms installed
NBN modem connected
All-electric home with no gas connection
Quiet location with uninterrupted rural and vineyard outlooks
Council Rates: Approx $806 per quarter
Properties of this calibre, with such extensive infrastructure, established grounds and peaceful surrounds, are exceptionally difficult to find. This is a unique lifestyle opportunity offering space, comfort and long-term quality in one of the Limestone Coast's most desirable townships.
To arrange your private inspection, contact Karyn Prelc on 0402 268 137 at Ray White Penola/Mt Gambier - RLA 291953.
The size of Penola is approximately 252.5 square kilometres. There are 14 parks, covering nearly 11.5% of the total area. The population of Penola in 2016 was 1592 people. By 2021 the population was 1622 showing a population growth of 1.9% in the area during that time. The predominant age group in Penola is 50-59 years. Households in Penola are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Penola work in a managers occupation.In 2021, 72.60% of the homes in Penola were owner-occupied compared with 67.40% in 2016.
Penola has 1,243 properties. Over the last 5 years, Houses in Penola have seen a 117.71% increase in median value, while Units have seen a 71.19% increase. As at 30 April 2026:
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