Karyn Prelc from Malseed's Real Estate, is pleased to offer a rare opportunity to acquire an historical family home and property in the quiet North western corner of popular Penola! This solid stone home with 10 foot ceilings, a lofty roof and carpeted original wooden flooring is now inviting someone to bring their touch to it to enhance the heritage or renovate to combine the beauty of old with the contemporary slick of new. Whilst able to immediately occupy, development upon purchase has endless potential. The home has 3 bedrooms, a combined bathroom/toilet, seperate kitchen and front lounge with reverse cycle air conditioning and a combustion wood fireplace. a seperate build in lobby hosts a 4th sleepout off the northern end, and seperate laundry at the other. The home also has a security system installed with monitor for viewing of movement in the lounge room. The lobby opens out to a large rear yard with rain water tank, new 4 bay shed and an old transportable cabin used to house jockeys, part of the amazing history here. Contact the agent with expressions of interest should you wish to purchase a small part of the Penola/Coonawarra history and make it your own! On a seperate title, the vendor is also calling for expressions of interest in his neighbouring block, a huge 2500m2 (approx)! Imagine developing this or turning both properties into your own family Estate. Information: A large residential title encompassing two blocks, 9 McArthur Street holds many possibilities (STPA). In a quieter street, this would be the perfect place to build 4 units, subdivide for two houses on large blocks, or build and create your own estate in town. (STPA) Currently housing some horse stables and shedding, this block offers opportunity to live adjacent to pets, to house vehicles or develop a beautiful garden area. Phone Karyn to secure this property today