46A Bevington Road, Glenunga SA 5064

5 beds, 4 baths, 4 cars | 1,022m² elite allotment | 1976 single-level | Glenunga International High zone This property presents a rare configuration for Glenunga, combining a substantial, level parcel of land over 1,000 square metres with a single-storey, five-bedroom floor plan. Such a combination is increasingly scarce in this established suburb and caters specifically to buyers seeking spacious, single-level living on a grand scale, typically families or downsizers who prioritise ease of movement and extensive outdoor space. Its position on a tree-lined street within the coveted Glenunga International High School catchment, and with a noted orientation toward Burnside Village, entrenches its appeal in the prestige owner-occupier market, where land size and school zoning are primary value drivers. The absence of development overlays simplifies the ownership proposition, while the recent comprehensive renovation with premium finishes positions it as a modern residence within an older structural shell, mitigating typical maintenance concerns for a house of this age. The primary decision point rests on the price premium commanded for its land size and configuration against a backdrop of older comparable stock. The house, built in 1976, carries inherent capital expenditure risks for future major system renewals, a cost factored into its pricing as a renovated property. The opportunity lies in securing a landholding in an area where such large, level blocks are seldom traded, providing a long-term hedge against densification. Its commercial logic is rooted in scarcity, not yield, making it a hold for owner-occupation or a long-term capital preservation play. Proceed with an offer anchored to the upper quartile of recent sales for oversized land parcels, acknowledging you are purchasing land with a modern house included. Recent sales in Glenunga and adjacent suburbs provide context: 81 Fisher St, Fullarton sold at a level demonstrating strong demand for premium renovations; 105 Allinga Ave, Glenunga, and 8 Fulton Cres, Glen Osmond, reflect the market for larger family homes. This property’s value is anchored significantly higher due to its substantially larger land component, a feature not replicated in these comparables. The asking range seeks to capture a premium for that land scarcity and its single-level format on a near-flat block.