2 Clayfield St, Penola is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1971. The property has a land size of 696m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
An incredible opportunity for savvy investors or first-home buyers! This neat-as-a-pin solid Mt Gambier stone duplex offers comfort, charm, shedding and long-term potential all on a generous 681m corner allotment.
Unlike your typical duplex, this home shares only the rear wall, giving you the privacy and space of a standalone residence. Step inside to find stunning timber floorboards flowing through the three bedrooms and cosy living area, centred around a slow combustion fire and a split system in the living area for year-round comfort.
The recently renovated bathroom boasts a neutral colour palette, with both a separate shower and bath. Walk in from the yard and kick the boots off in the great sized laundry/mudroom complemented with a toilet.
At the heart of the home, the kitchen offers ample storage, electric cooking, and a dishwasher.
Outside, you'll find:
- Carport with roller door
- An impressive two-bay shed with concrete floor and power plus a third bay converted into a workshop
- Additional wood shed
- Fully fenced and secure yard with lush grass perfect for kids or pets
- Rainwater
Situated on a peaceful, local-traffic-only street, yet just a short stroll or drive to Penolas excellent schools, shopping, health services, and sporting facilities.
Currently leased at $300/week to strong tenants, this is a ready-made investment with excellent returns.
This opportunity won't last long, contact Karly Honner 0438 339 729 to arrange an inspection
Property Code: 996
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 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 $1000 - $1399 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 1,238 properties. Over the last 5 years, Houses in Penola have seen a 136.28% increase in median value, while Units have seen a 120.37% increase. As at 31 December 2025:
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