Overview
Positioned within one of Adelaide's most prized coastal enclaves, this distinctive landholding offers an exceptional opportunity for bespoke residential development or investment. The property occupies a rare double-fronted 654 square metre allotment with commanding exposure to three street frontages, providing unparalleled potential for subdivision subject to council approval.
Currently anchoring the site is a functional 1975-built brick home featuring four bedrooms, two bathrooms including an ensuite, and ample living and dining spaces that accommodate comfortable family living or leasing possibilities while future plans crystallize. The existing structure's practical footprint caters well to a range of lifestyles and offers the flexibility to adapt or replace with contemporary designs that capitalize on the premium waterfront surroundings.
The enviable location boasts scenic sea and lake views, promoting a tranquil yet vibrant coastal lifestyle with close proximity to West Lakes and Westfield retail precinct, local dining, cafes, and recreational hubs renowned for aquatic and outdoor activities. Whether for discerning families, developers, or investors, this rare property promises the chance to create a distinctive residence or multi-level luxury dwelling reflective of Tennyson's affluent beachside atmosphere.
- Valuable double-cornered 654m² allotment with potential subdivision options.
- Three street frontages to Seaview Road, Military Road & Audrey Street offering diverse development possibilities.
- Zoned Waterfront Neighbourhood enhancing asset appeal and usage flexibility.
- Generous existing home with practical living spaces and ensuite master bedroom.
- Exceptional investment or redevelopment opportunity within a tightly held coastal market.
- Close to premier amenities including Westfield West Lakes and established recreational infrastructure.
Ultimately, 40 Seaview Road presents a compelling proposition for those looking to capitalize on a premium waterside address that blends lifestyle, location, and long-term value within one of South Australia's most sought-after precincts.
Local Market Insights
In Tennyson, Quiet Listings observed 15 new houses entering the market over the last 30 days, down from 24 during the previous 30-day period, with an average advertised asking price of $1,755,000. The property type mix of listed properties is predominantly Houses at 70%, followed by units (22%), and land (7%). The most active agency for houses in the Tennyson area is currently Belle Property, representing 40% of new listings, followed by Ray White with 27%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.