17 Penarth Avenue
Beaumont, SA 5066

Rarely does an opportunity like this come to market: a vast 1,783sqm (approx.) allotment located at the end of a tranquil, tree-lined cul-de-sac in one of Adelaide's most prestigious eastern suburbs. This property offers exceptional potential for savvy developers or owner-occupiers with aspirations to create a designer home, subject to council consent (STCC).

Situated at 17 Penarth Avenue, the location is highly sought after. The property is surrounded by a mix of contemporary architectural new builds and charming character homes. It is conveniently positioned just a five-minute drive from Burnside Village, a premier shopping destination, and is close to several top private schools. Additionally, Beaumont Common is easily accessible via a nearby pedestrian pathway, providing a lovely outdoor space for recreation.

The existing residence on the site is the original bay-windowed brick home built in 1964. Although it appears to be a single-level dwelling from the outside, it actually comprises two floors. The upper level includes four bedrooms and two bathrooms, along with formal and casual dining and living areas. The kitchen is complemented by a Butler's Pantry, and there is also a study and laundry on this level. The lower floor features a studio-style accommodation area with a third bathroom, as well as a cellar and storeroom, offering versatile living or storage options.

The standout feature of this property is undoubtedly the expansive land. The house backs onto a large backyard, which presents an ideal opportunity to reintroduce a pool as the centerpiece of an alfresco entertaining area. This space could be seamlessly integrated with a newly designed home that takes advantage of city views, subject to council approval.

Beaumont remains one of Adelaide's most prestigious eastern suburbs, making this an exceptional chance to secure a valuable piece of real estate in a blue-chip location. Whether for redevelopment or renovation, the possibilities here are extensive.

Features include:
• A substantial 1,783sqm (approx.) block located at the end of an exclusive, tree-lined cul-de-sac
• Exciting development potential (STCC) for astute developers and owner-occupiers
• Existing residence with four bedrooms and two bathrooms on the upper floor, a study, formal and casual living and dining areas, and laundry
• Lower-level studio accommodation with a third bathroom, cellar, and storeroom

Location benefits:
• Five-minute drive to Burnside Village, Adelaide's premier boutique shopping destination
• Convenient access to Beaumont Common, Hazelwood Park, and Greenhill Road dining precincts
• Approximately ten minutes to the East End of Adelaide and the popular Hutt Street restaurant scene
• Excellent local schooling options including Linden Park and Burnside Primary Schools, Glenunga International High School, and prestigious private schools such as Pembroke, St Peter's Girls, Seymour, and Loreto Colleges

Please note that while every effort has been made to ensure the accuracy of the information provided, prospective buyers are advised to conduct their own due diligence during the viewing and purchasing process.

Property details:
Council: Burnside
Zone: SN - Suburban Neighbourhood
Land size: 1,783sqm (approx.)
House size: 355sqm (approx.)
Year built: 1964
Council rates, water, and emergency services levy details are to be confirmed.