FOR SALE
$300,000

12 Wright Road
Penneshaw SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1018m2
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Prime Level Corner Allotment with Ocean Views and Development Potential

Located in the heart of Penneshaw, this exceptional level and cleared corner allotment offers stunning ocean views over the town and toward the mainland. With its flat terrain and subdivision potential (subject to council approval), this rare property presents an outstanding opportunity for development or the creation of your dream coastal retreat.
Mains services are available for easy connection, simplifying the process of building. Positioned within walking distance to Penneshaw Beach, the ferry terminal, local cafes, and recreational grounds, this cleared corner allotment delivers unmatched convenience and accessibility.
Whether you're planning an investment, a family home, or a development project, this prime property is ready to bring your vision to life. Don't miss out on this unique opportunity!
For further information, please contact Century 21 on Kangaroo Island selling agent Michael Barrett on 0427 727 333.

Property Details for 12 Wright Rd, Penneshaw

Building Type
Land
Land Size
1018m2

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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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Michael Barrett
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CENTURY 21 On Kangaroo Island
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