'Arcadia'

A property of rich local history and enormous potential, the aptly named 'Arcadia' offers a unique combination of old-growth orchards, farmland, and pristine natural bushland.
The early 1900s Australian farmhouse has recently been refurbished with a new roof, polished Cypress floorboards, contemporary bathroom, and new laundry, all whilst retaining beautiful original period features including high ceilings, ornate ceiling roses and cornices.
Freshly painted in white throughout, the classic floorplan offers three large bedrooms, formal lounge room with replastered ceiling, and classic front verandah with access from two of the bedrooms and the lounge room.
A large machinery shed has plenty of room for farm equipment as well as a mezzanine level and potential guest accommodation or studio. There is also a double bay open farm shed and handy parking area between it and the old 'James Family' store shed, which would make a great potting shed or studio.

Completely rewired
Extra insulation added to ceilings
4 x rainwater tanks
2 dams
Zoned E3

Read on for a little snippet of history, copied from The Southern Highland News:

Orchards were established in and around the village of Penrose in the late 1800s. The fruits grown - mostly granny smith apples, pears and peaches - thrived, and in 1917 a jam factory and cool store was opened by Oliver Clewes. Here Olive brand jams were made, canned and marketed. Cans used were also made at the factory.
By 1920 several of the orchards were taken over for returned soldier settlement. Eventually 500 acres of orchards were producing enough fruit to require a co-operative packing shed. This was at Penrose railway goods yard and opened about 1923. From here fruit was railed to city markets.
Quality fruit from Penrose was exhibited at the Sydney Royal Easter Show in pyramids and on several occasions were successful in winning first prize.
As a result of violent hail storms that damaged fruit in 1924, several pulping plants were installed on various orchards and the pulp was packed in four-gallon tins. Penrose apple pulp became very popular.
The tragic bushfire of January 1939 played havoc with the town's infrastructure and many orchards were destroyed. With the start of WWII, labour became scarce and land army girls were directed to assist - one orchard employed several Italian internees.
Gradually, orchards were replaced by timber as the main industry and a mill, built on the site of a pulping factory, became a major local employer.
Bee hives were kept at all the district's orchards as the bees were necessary for pollination.
Honey was collected from the hives and became another sought after product.
Source: https://www.southernhighlandnews.com.au/story/1073478/early-fruit-farms-grew-to-large-orchards/