OFF MARKET

11-13 Pennington Road
Island Beach SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3638m2
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Property Details for 11-13 Pennington Rd, Island Beach

Building Type
Land
Land Size
3638m2
Local Government
Kangaroo Island
Lot/Plan
A63/D5721

Last Listing description (July 2023)

Century 21 on Kangaroo Island offers this uniquely located and sizeable north facing corner block with magnificent ocean views fresh to the market.

This fabulous elevated second row block has been held by the same family for the past 18 years. Build your dream beach house, sit back, relax, and enjoy your piece of paradise in one of the most special spots in Australia.

11-13 Pennington Road Island Beach is a rare allotment that gives opportunity for an expansive home design that maximises the natural elevation to capture ocean views over the existing developed structures, giving security of views to the sea. With 3,638m2 (approx.) to develop, supporting infrastructure such as large shedding for large boats and tractors, carparking, and other permitted outbuilding uses, the possibilities are extensive!

Features of the property are as follows;

Naturally elevated, capturing sweeping north facing ocean views from American River to Kangaroo Head, with huge potential to expand the existing fabulous sea views with an elevated home design that also capture the southwest views of Pelican Lagoon Reserve, Prospect Hill and American River.

Further views to Pelican Lagoon Reserve

Walking beach access via Pennington Road/Nepean Drive Road reserve (refer to plan attached)

Surveyed & boundaries pegged, elevation/contour plan available on request

Zoned 'Rural Shack Settlement' - development criteria available on the Plan SA website

Agents Comments;

Island Beach has long been regarded as a 'Blue Chip' Property Region. Renowned for it's pristine white sandy beach, safe for swimming and boating, north facing orientation and generous allotment sizes, so that property owners can retain and preserve large pockets of native bush offering space between neighbouring allotments.

The beachside lifestyle is very desirable, affordable and accessible. Sealink ferries operate numerous daily services into Penneshaw, a 15 minute drive from Island Beach.

Island Beach, as a popular tourist location, is also expected to benefit from the new golf course project, sited on the south coast just a 10 minute drive away.

Island Beach residents happily co-exist with a diverse wildlife population. Kangaroos, Wallabies, Rosenberg's goannas, and an entire book has been written on the prolific bird species who call Island Beach their home either permanently, or migratory.

With year-round fishing, King George Whiting, Flathead, crabs and other species are abundant in Eastern Cove and surrounds.

The recent commencement of the mains water extension project has already seen the main water line extend pass the Hog Bay Road/Island Beach intersection, with a feed line into Island Beach expected to commence in the coming months.

Contact the agent for details of the Council Search, title details and a contour plan.

For more information contact Kangaroo Island resident selling agents at Century 21 on Kangaroo Island, Michael Barrett 0427 727 333 or Lili Barrett 0459 393 514.

Property History for 11-13 Pennington Rd, Island Beach, SA 5222

A timeline of how this property has performed in the market
Last Sold
$345,000
10 Jul 2023
  • 10 Jul 2023
    Sold for $345,000
  • 29 Dec 2022
    Listed for Sale UNDER CONTRACT/OFFER
  • 01 Jul 2002
    Sold for $29,500
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About Island Beach 5222

The size of Island Beach is approximately 2.1 square kilometres. The population of Island Beach in 2011 was 321 people. By 2016 the population was 25 showing a population decline of 92.2% in the area during that time. The predominant age group in Island Beach is 70-79 years. Households in Island Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Island Beach work in a managers occupation. In 2011, 82.3% of the homes in Island Beach were owner-occupied compared with 66.6% in 2016..

Island Beach has 360 properties. Over the last 5 years, Houses in Island Beach have seen a 100.11% increase in median value, while Units have seen a 44.14% increase. As at 31 October 2024:

  • The median value for Houses in Island Beach is $565,574 while the median value for Units is $519,178.
There are currently 7 properties listed for sale, and no properties listed for rent in Island beach on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Island beach.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.