54 Riddoch Street

Penola

$790,000 FHGC

Property Description

Outstanding Commercial Opportunity in the Heart of Penola

A truly outstanding commercial opportunity awaits in the heart of Penola. Perfectly positioned on historic Riddoch Street, this striking property offers excellent exposure, strong pedestrian appeal and exceptional character, presence and versatility.

Previously home to the multi-award-winning Pipers of Penola, the property is superbly suited to continue its legacy as a renowned destination restaurant or hospitality venue. The highly respected owners have now opted for a lifestyle change after running an iconic business with strong financial performance for more than 20 years - building an exceptional reputation, a loyal local following and strong tourism trade from visitors exploring the world-famous Coonawarra wine region and historic town of Penola.

Its impressive setting, generous proportions and prime location also open the door to a range of exciting alternative uses. Imagine a stylish Coonawarra cellar door, wine bar or tasting room, elegant function and event space, café, art gallery, boutique retail venue, wedding venue or private function space.With Penola continuing to attract visitors from across Australia and beyond, this exceptional property provides a rare opportunity to establish or grow a business in one of South Australia's most recognised food and wine destinations.

Available on a walk-in, walk-out basis by negotiation, the property offers an inviting and established hospitality setting with significant infrastructure already in place, including:

- A large, fully equipped commercial kitchen

- Stunning front dining area featuring a beautiful statement ceiling, timber bar, bathroom facilities and adjoining alfresco area

- Spacious function area at the rear, complete with an impressive stone feature wall, bathroom facilities and adjoining courtyard

- Office area, storeroom and staff amenities

- Rear car parking

- Solar power and much more

Whether you are an experienced hospitality operator, wine producer, entrepreneur, investor or have a vision for something entirely different, this exceptional property provides the perfect foundation to bring that vision to life.

For further information or to arrange an inspection, contact Tom Pearce on 0427 642 138 or Karly Honner on 0438 339 729.

Property Code: 1069

Property Features

Land Size

728 Square Mtr

Location

Agent

agent picture

Tom Pearce

Director/ Rural Real Estate

Karly Honner

Agency

Thomas, DeGaris & Clarkson
08 87372695
tdc@tdcagents.com.au
49 Church Street Penola81 Henty Street Casterton Penola
South East, SA 5277