58 Riddoch Street, Penola, SA 5277

EXPRESSIONS OF INTEREST BY FRIDAY 12PM 20TH DECEMBER 2024 (UNLESS SOLD PRIOR)
Ray White Mt Gambier is pleased to present 58 Riddoch Street, Penola, for sale. A property unlike any other - the historical Cobb & Co Booking Office is on the market. It awaits a visionary buyer with the imagination and enthusiasm to bring history back to life, this residential conversion is a first for this landmark property. Sitting on the edge of the world-renowned Coonawarra wine district, the property has delivered culinary delights to locals and tourists for over a century. The stone building was built in 1857 and used as a cheese and butter factory. It retains significant character artefacts in homage to its humble beginnings. 

The adjoining Tregenza Gallery, built in 1920, has been a source of inspiration and community- utilised as a gallery, tea rooms, a restaurant, and more recently as the manufacturing hub for Outback Pride. The two heritage-listed buildings share an updated main roof, with a central corridor leading from the front veranda to the rear garden and alfresco dining area. Separate male and female toilets and a laundry room with a shower sit at the back of a central section adjoining the original building. This contemporary area boasts an HACCP-accredited commercial kitchen and a cool room, and it is conveniently accessible from three entrances.

The appeal and intent of the Planning Consent, is to seize the opportunity to create a residence within Cobb & Co and Tregenza Gallery which can accommodate a residential design that is completely sympathetic and in harmony with the heritage buildings. Create new possibilities for a low cost housing solution. 

The new possibilities for a cellar door serving local wine and produce is a tempting choice for its next chapter - though the possibilities are limited only by the scope of your dream project. Planning consents are in place to convert this to a residential property and local and state heritage bodies have approved stunning plans for a character home.
 
Combine a love of food and wine with a historically significant residence, or explore the many options, guest accommodation, a health and wellbeing retreat, treatment rooms or artist's space. If you're a farmer or live rural and looking to make the township move, this property provides endless renovation possibilities and a place to call home!

Sitting near the Mary MacKillop Centre and the Penola/Coonawarra Visitor Information Centre - the property is ideally located for tourism pursuits, wine tastings and high-end BnB ventures. Situated in the cultural heart of Penola, winning Agricultural Town of The Year. The architecture is delightful, with gambrel-style interior timber ceilings in the original building, which also features a front-facing office/bedroom, original timber floors, and a spacious, open-plan room with reverse-cycle air conditioning, white timber and stone walls and charming pendant lighting. It leads to a generous rear-facing open-plan space that accesses the kitchen and a rear deck that follows around to an open central pergola and the Tregenza Gallery. 

The gallery features an open-plan dwelling with dual ceiling fans, exposed timber beams, reverse cycle air-conditioning and a kitchenette. It sits directly across from the second entry to the kitchen. It opens onto an endearing front veranda - perfect for enjoying a cuppa or a glass of the region's finest. 

The building sits on over 1000m2 of stunning land with landscaped grassed gardens, parking, a rainwater tank and a transportable dry storeroom. It benefits from a corner allotment with rear access from Portland Street and is fully enclosed by a charming picket fence. This spacious garden has the possibility for a new building, extensions, and a garage.

This property offers a unique blend of renovation potential and heritage charm, making it ideal for those with a vision. With planning consent already in place, there is potential to convert this space from commercial to residential. The heritage of the building adds an extra layer of appeal: while it must remain original, embracing and enhancing the historic elements provides an opportunity to create a home that celebrates its past. 

Historic buildings are the heartbeat of Penola and are rarely offered for sale. Acquire a charming piece of the Coonawarra and write a new chapter for future generations to explore, enjoy and cultivate. 

Contact Karyn and Nedd at Ray White Mt Gambier for friendly, expert advice, and learn more about this incredible, life-changing possibility today. RLA 291953

Additional Property Information:
Age/ Built: 1857
Land Size:  1,086 m²
Council Rates: Approx. $2,436 per annum.