4 Penarth Avenue

Set quietly at the top of a cul-de-sac in Adelaide's brilliant Eastern Suburbs, this is a landholding that feels almost impossible to find today: generous, elevated, and brimming with opportunity. Held by the one family for 32 years, it carries the rare sense of provenance that only time can give a place where happy memories have been created, and where the next chapter is ready to be written. Spanning some 2,116 square metres across two separate titles, this is a statement parcel with the kind of scale that invites big ideas. The current residence is a large, comfortable four-bedroom home with modern facilities. What it offers now is not the final word, but a starting point: the ability to secure a blue-chip position and plan what comes next, on your own timeline and to your own vision. Whether your ambition is a singular architectural showpiece, a pair of substantial new homes taking full advantage of the existing titles, or a broader redevelopment concept, the fundamentals here are exceptional: a quiet setting, a high-side aspect, and a location that consistently rewards thoughtful investment. Consider the possibilities: Approximately 2,116 square metres of land across two separate titles Elevated, high-side position in a peaceful cul-de-sac Coveted Eastern Suburbs address Enjoy the existing large four-bedroom home with modern facilities and huge garage. Options to rebuild your dream home Option to demolish and build two new homes on large blocks (titles already exist) Option to subdivide and build four new residences (subject to appropriate approvals) Zoned for Linden Park Primary and Glenunga International High Schools + Close to Seymour College, Loreto College, St Peters Girls and Pembroke Schools Popular eateries and cafes including Feathers Hotel, Ballaboosta, Goodlife Health Clubs, Lockwood General and Spill the Beans Brilliant nature walks including the Waterfall Gully - Mount Lofty trail Walk to nearby Beaumont Common Close to the shopping options of the revamped Burnside Village, Tony & Marks and Aldi Just over 4km to the CBD for lifestyle and work convenience Peter and Glenn McMillan look forward to helping you with your enquiries