Whether you wish to develop or build your dream home with land, or want to consider subdivision (subject to approval), this opportunity rarely jumps onto the market! And you can make it exactly what you want. Situated at the western end of South Terrace in Penola, sole access is from town so traffic at the front of the property will usually only be your own. South Terrace overlooking the commonage land has been a preferred outlook for many establishing higher end properties. There is an existing home, and large shed, that was converted from the original Drive-in office and cafeteria building. Three bedrooms and a large open living area could house a family, or be converted into worker's accommodation which is desperately needed in town. Features include: • Two titles- Allotment 122 (1100m2 approx.) and 602 (1.97ha approx.) • Rainwater with pump, • Bbore near the Projector Shed • Fenced paddocks • Zoning offering versatility (subject to approval) Contact us for inspection or information: Karyn Prelc -0402 268 137 or Nedd Golding - 0408 422 816 RLA277795