74 Penang Ave, Colonel Light Gardens is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 760m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 4 bedroom House sold in Colonel Light Gardens in the last 12 months.
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.
The size of Colonel Light Gardens is approximately 1.5 square kilometres. It has 10 parks covering nearly 8.4% of total area. The population of Colonel Light Gardens in 2016 was 3349 people. By 2021 the population was 3311 showing a population decline of 1.1% in the area during that time. The predominant age group in Colonel Light Gardens is 10-19 years. Households in Colonel Light Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Colonel Light Gardens work in a professional occupation.In 2021, 86.50% of the homes in Colonel Light Gardens were owner-occupied compared with 85.80% in 2016.
Colonel Light Gardens has 1,244 properties. Over the last 5 years, Houses in Colonel Light Gardens have seen a 90.58% increase in median value, while Units have seen a 69.61% increase. As at 31 December 2025:
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