A rare and wonderful opportunity exists to secure this truly amazing waterfront allotment on one of the most tightly held strips along Franklin Parade - one of South Australia's most sought-after holiday destinations.. The large allotment covers an area of some 1489m2 approximately, with a 18.92m frontage to Franklin Parade, and comes with valuable rear access, adding to the many development options which come with this site.
Zoned Residential Waterfront Policy Area 24, the property is ideally suited for sub-division, or building a multi-level storey home which would have the most amazing views of the coastline, incorporating Granite Island, Wright Island and The Bluff. This could be a keen fisherman's/boaties dream - build your shed for the boat at the rear of the allotment (so as not to impede your view) and with the road access available, you will have your boat in the water at the nearby boat ramp in just a matter of minutes.
Zoning information is attached - a quick glance will show many forms of development would be permitted on this site, subject to the necessary consents. The elevated allotment slopes down to Franklin Parade providing purchasers with the unique opportunity to build at any level on the block and still have an amazing sea view. The location is amazing - you can walk to the legendary Yilki General Store, or fabulous Beach House Caf, as well as "Eat at Whalers" restaurant - they are all on your doorstep! The views are incredible and the sunrises and sunsets with their pink and purple hues, simply spectacular.
Opportunities like this are rare and becoming increasingly harder to find - don't you be the one to miss out!
The size of Encounter Bay is approximately 6.6 square kilometres. It has 37 parks covering nearly 11.3% of total area. The population of Encounter Bay in 2016 was 4901 people. By 2021 the population was 5305 showing a population growth of 8.2% in the area during that time. The predominant age group in Encounter Bay is 70-79 years. Households in Encounter Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Encounter Bay work in a community and personal service occupation.In 2021, 79.20% of the homes in Encounter Bay were owner-occupied compared with 76.80% in 2016.
Encounter Bay has 4,185 properties. Over the last 5 years, Houses in Encounter Bay have seen a 80.57% increase in median value, while Units have seen a 73.01% increase. As at 31 December 2025:
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