Its time. Time for this charming original property, held in the same family for generations, to secure a new lease on life. A prime landholding of generous scale is now available, in one of Adelaide's most enviable suburbs, and 5&5A Glenrowan Avenue, Myrtle Bank is set for a rebirth in keeping with the beauty of its leafy surrounds (STCC).
Two titles are on offer, spanning approximately 1288sqm in total, with east/west orientation and an impressive frontage just shy of 20m. This parcel offers an exciting opportunity for developers, custom home builders and even investors eager for a project of their own, in a highly sought after blue-chip location.
Positioned on the property currently is the original maisonette dwelling straddling both titles, as well as a convenient self-contained fully lined granny flat / workshop, perched on 5A Glenrowan, delivering functionality if needed while you shape your vision. Fraser Reserve also hugs the rear of the site, providing a beautiful opportunity to cultivate a new family home full of warmth and adored family memories.
Firmly placed within the zones of some of Adelaide's most prestigious primary and high schools and just moments from an impressive offering of amenities, the opportunity is merely limited by the imagination. From its rich family history to its promising future, this is a property ready for its next chapter.
Offering inspections by appointment - embrace the setting, the space, and the potential to create a lasting legacy in beautiful Myrtle Bank.
Specifications:
CT: 539/909 + 5095/124
Council: City of Unley
Zoning: SN - Suburban Neighbourhood
Land: 1288m2 (approx.) total across both titles
Frontage: 19.72m (approx.) total across both titles
Nearby Primary Schooling: Glen Osmond Primary, Highgate School, Linden Park Primary, Parkside Primary, Mitcham Primary
Nearby Secondary Schools: Unley High, Glenunga International, Urrbrae Agricultural, Mitcham Girls, Marryatville High
The size of Myrtle Bank is approximately 1.2 square kilometres. There are 6 parks, covering nearly 6.3% of the total area. The population of Myrtle Bank in 2016 was 2883 people. By 2021 the population was 3158 showing a population growth of 9.5% in the area during that time. The predominant age group in Myrtle Bank is 80-89 years. Households in Myrtle Bank are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Myrtle Bank work in a professional occupation.In 2021, 66.80% of the homes in Myrtle Bank were owner-occupied compared with 69.90% in 2016.
Myrtle Bank has 1,163 properties. Over the last 5 years, Houses in Myrtle Bank have seen a 56.13% increase in median value, while Units have seen a 64.22% increase. As at 31 July 2026:
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