Exceptional Development Opportunity in Prestigious Beaumont

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40 Tennyson Drive, Beaumont SA 5066

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$3M - $3.25M Medium Confidence Calculated based on our search observations.

House 4 Beds 2 Baths 2 Cars 1597 m²

Listed: 2 hours ago

Overview

This property represents a rare and significant development opportunity in the prestigious eastern suburb of Beaumont, notable for its elevated landholding of approximately 1,597 square meters and impressive 23-metre frontage. The elevated position not only affords sweeping, unobstructed views extending across lush greenery towards Adelaide’s skyline, but also adds to the allure for developers and buyers aiming to capitalize on a prime location.

The expansive allotment offers flexibility for various residential development concepts. Whether one is considering subdivision, redevelopment, or alternative site plans subject to approval, the substantial land size and frontage provide a solid foundation to create a distinctive project that harmonizes with the established character of the neighborhood.

Beaumont itself is renowned for its established residential charm, characterized by generous allotments and proximity to high-quality amenities. Located just about six kilometers from Adelaide’s CBD, the location is convenient yet peaceful, with access nearby to popular lifestyle destinations such as Burnside Village, boutique cafes, restaurants, and surrounding parklands. The proximity to the Adelaide foothills and walking trails enhances the desirability for those valuing active and scenic surroundings.

The area is well-equipped for families with access to reputable schools including Linden Park Primary School, Glenunga International High School, and Seymour College, ensuring that educational needs are well catered to. This combination of location, scenic views, and generous land size makes the property particularly appealing to developers and investors aiming to deliver quality residential spaces within a prestigious suburb with strong demand.

Local Market Insights

In Beaumont, Quiet Listings observed 10 new houses entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $1,850,000. The property type mix of listed properties is predominantly Houses at 80%, followed by units (12%), and land (4%). The most active agency for houses in the Beaumont area is currently Ray White, representing 40% of new listings, followed by Harcourts with 20%. 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.