7 Lizzie St, Penola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 980m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Introducing 7 Lizzie St, Penola - an exceptional property that presents an ideal opportunity for first home buyers or investors. TDC Livestock and Property proudly present this charming cottage-style stone home, situated on a generous 970m2 allotment, which has recently undergone an extensive renovation. The transformation is truly remarkable, leaving the new owner with nothing to do but move in and enjoy.
With a potential rental income of $300 per week, this property also offers an excellent investment prospect in a high-demand rental market. All the hard work has been taken care of, making it a hassle-free option for investors.
The interior of the home showcases a range of impressive updates, including a brand-new kitchen, new flooring throughout, fresh paint inside and out, stylish white front fencing, contemporary window furnishings, and upgraded electrical fittings. Furthermore, the single car shed at the end of the driveway has been re-clad in a tasteful Monument grey to complement the newly installed roof on the main dwelling.
Boasting three bedrooms, one of which features floor-to-ceiling built-in robes and a ceiling fan, this property offers comfortable accommodation. The heart of the home is the open plan kitchen and living area, providing a cozy atmosphere year-round with a slow combustion wood fire and reverse cycle air conditioning. The brand-new kitchen harmonizes with the modern aesthetic of the house, offering classic neutral tones, ample storage, and a practical breakfast bar.
The bathroom includes a separate bath and shower, while the spacious laundry at the rear of the home features a separate toilet. Adjacent to the kitchen is a versatile space that can serve as a mudroom, office area, or even accommodate a dining table. This room leads out to a fantastic outdoor entertaining area that spans the width of the home. The pergola section overlooks the expansive backyard, offering delightful views of the majestic gum trees at the rear. Additionally, the property provides rainwater facilities, a chook pen, and abundant space for children to play or pets to roam. There is also ample room for future shedding should the need arise.
Conveniently located just a short walk from the superb amenities Penola has to offer, this property presents a rare and unmissable opportunity. Don't hesitate to arrange an inspection by contacting Karly Honner at 0438 339 729 or Mark De Garis at 0428 372 124.
Property Code: 872
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 1,245 properties. Over the last 5 years, Houses in Penola have seen a 123.03% increase in median value, while Units have seen a 103.20% increase. As at 31 July 2026:
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