FOR SALE
Best Offer (USP) by 17th Jan 2025

1 & 5 Trethewey Terrace
Penneshaw SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1210m2
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2 large blocks of land. Water front with stunning sea views. Perfect for a split level Island Home (STCC).

Kangaroo Island sea front opportunity. Being sold by "Best Offer" received by the 17th of January 2025 (USP).
Short videos of the blocks; https://youtu.be/eV-DoZXrQiE, https://youtu.be/EiQLX6RHamk, https://youtu.be/YJe6oIk0UCE
Build your Island dream home on one or both of these prime pieces of land located at 1 & 5 Trethewey Terrace, Penneshaw SA 5222. Offering a breathtaking oceanfront location, this is an opportunity not to be missed. With uninterrupted views of the sparkling blue waters, this land offers the perfect setting for a tranquil and luxurious lifestyle.
Both blocks are a generous size (1010 m2 and 1210 m2 approx.) and provide ample space for you to create your dream home (STCC). Whether you envision a contemporary beachfront escape or a traditional family residence, the possibilities are endless. With a blank canvas awaiting your personal touch, you have the freedom to design and build a home that perfectly suits your taste, position and lifestyle with the land particularly suiting a split-level development.
Dolphins and occasionally penguins are regularly seen in the sea as they traverse the beach. A stunning swimming beach is a short 1 min stroll with crystal clear waters. Or fish off the rocks in the front where you will find squid, whiting, salmon and gar fish. Numerous walking trails can also be found around Penneshaw. Of course the Island has more to offer with wineries, world class beaches, quality food sensations and much more.
Penneshaw is the gateway to Kangaroo Island with the ferries arriving regularly just 900 m away. Walk to the wonderful Penneshaw hotel, cafes, supermarket and other shops. Two new ferries are just a handful of months away which will make the trip from Cape Jervis just 40min with drive-on-drive-off capability.
With a location that combines natural beauty and modern conveniences, these blocks present an exceptional opportunity to create your own slice of Island paradise.
Don't miss out on this rare chance to secure oceanfront land in Penneshaw. Contact us today to arrange a viewing and start building your dream home in this idyllic coastal location.
What we love about the property and KI generally;
• Stunning, elevated, uninterrupted sweeping sea views to mainland
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Property Details for 1 & 5 Trethewey Tce, Penneshaw

Building Type
Land
Land Size
1210m2

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About Penneshaw 5222

The size of Penneshaw is approximately 5 square kilometres. It has 7 parks covering nearly 9.4% of total area. The population of Penneshaw in 2011 was 273 people. By 2016 the population was 286 showing a population growth of 4.8% in the area during that time. The predominant age group in Penneshaw is 60-69 years. Households in Penneshaw are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penneshaw work in a managers occupation. In 2011, 67% of the homes in Penneshaw were owner-occupied compared with 67.3% in 2016.

Penneshaw has 552 properties. Over the last 5 years, Houses in Penneshaw have seen a 98.75% increase in median value, while Units have seen a -12.08% decrease. As at 30 November 2024:

  • The median value for Houses in Penneshaw is $538,608 while the median value for Units is $404,610.
  • Houses have a median rent of $240.
There are currently 4 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Penneshaw.

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Richard Inwood
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