Back 74 Penang Avenue
Off Market

74 Penang Avenue

Colonel Light Gardens SA 5041

4
1
4
760 m²
House
Last sold for $1,315,000
Robbie Smith, Ellie DraperRobbie Smith, Ellie Draper, last sold this property on 17 October 2025 after 21 days on market.

Overview

Contracted at Auction by Robbie Smith & Ellie Draper

Auction On Site, Saturday 18th October at 1.30pm (USP) Lovingly held by the same family since its construction in 1926, this original character home is being offered to the market for the very first time. Nestled in the heart of ever-popular Colonel Light Gardens, it presents a truly rare opportunity to secure an address steeped in history, charm and potential, a place where the next chapter is ready to be written. Positioned proudly on a corner allotment with dual frontage to Penang Avenue and Winston Avenue, this home sits behind a generous garden, offering space to create a striking street presence through landscaping. The double-width, double-length carport provides excellent off-street parking, with side gate access to the rear garden enhancing practicality. Inside, the home retains all the warmth of its era. A large entry hall sets the tone, leading to four bedrooms, two with built-in robes and cupboards, each offering space and flexibility. The formal living room features a ceiling fan, heater, and sliding doors opening directly to the carport, creating a versatile connection between indoors and out. The kitchen sits at the rear, neat and functional with ample bench and cupboard space, plus a gas cooktop and oven. The bathroom, laundry and separate toilet remain in original condition, providing the perfect foundation for a complete renovation tailored to your style. Outdoors, the rear garden is a blank canvas ready to be transformed, whether it's an entertainer's haven, a lush family retreat, or something entirely your own. Additional structures include a large shed, studio and smaller shed, offering plenty of storage and creative potential. Every detail of this home whispers opportunity. For the visionary buyer, this is a chance to preserve its character, renovate and reimagine, or create something truly spectacular in one of Adelaide's most tightly held suburbs. The location, too, is second to none. Zoned to Colonel Light Gardens Primary and Unley High School, and close to Springbank Secondary College and St Therese School, it also offers an easy 12-minute commute to the Adelaide CBD, weekends spent at Carrick Hill and Brownhill Creek, and just 15 minutes to the coastline. Here, blue-chip living meets lifestyle convenience. More to love about this home: - First time offered to market since its construction in 1926 - Original character home with timeless appeal - Corner allotment with dual frontage (Penang Ave & Winston Ave) - Double-width, double-length carport plus side gate access to rear garden - Four bedrooms, two with built-in robes/cupboards - Large entry hall and formal living room with ceiling fan and heater - Original kitchen with gas cooktop and oven - Original bathroom, separate laundry and separate toilet - Generous front and rear gardens, both ready to landscape and create your vision - Rear of block with large shed, studio & smaller shed - Blue-chip location, zoned to Colonel Light Gardens Primary & Unley High School - Close to Springbank Secondary College and St Therese School - 12 minutes to Adelaide CBD, 15 minutes to the coastline, and minutes to Carrick Hill & Brownhill Creek Recreation Park This is more than a property. It's a once-in-a-generation opportunity to make your mark in Colonel Light Gardens. Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. If this property is to be sold via auction the Vendors Statement may be inspected at 24 The Strand, Colonel Light Gardens for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 276447.

Features

4 bedrooms
1 bathroom
4 carspaces
4 carport spaces
760 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Colonel Light Gardens over the last 12 months, the estimated median property value of 74 Penang Avenue is $1.76m.

Median value
$1.76m
Estimated value range
$1.31m - $2.37m
Median days on market
22
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Colonel Light Gardens. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 74 Penang Avenue

2025
Sold
$1,315,000
17 Oct 2025 by Robbie Smith, Ellie Draper, of Ray White Unley

Happy sellers in Colonel Light Gardens

~%

We have insufficient information to provide an overview of customer satisfaction for Colonel Light Gardens. Viewing the agent profiles, reviews and sales for Colonel Light Gardens can provide insights for this location.

Local market activity for 4 bedroom houses in Colonel Light Gardens

In the last 12 months, 14 four-bedroom houses similar to 74 Penang Avenue, have been sold.

This represents a 12% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Colonel Light Gardens

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent