Penrice 378 Richard Street

Perched in the heart of the Barossa Valley, 378 Richard Street, Penrice presents one of the region's most spectacular holdings—approximately 25 acres (9.97 ha) of elevated land delivering uninterrupted 360-degree views of the valley floor. This unique property offers a lifestyle and investment opportunity that many would envy: a peaceful retreat to unwind, or a blank canvas for bold, future-focused ideas. With the adjacent allotment also available, purchasers have the option to secure a combined 50-acre estate—opening the door to truly grand plans.

Development & Land Use Potential
The property benefits from multiple access points, enhancing its subdivision potential (STCC) and creating strong flexibility for alternative land uses. Depending on council approvals and proposals put forward, the site may be suited for:
· Residential dwelling with subdivision potential
· Boutique winery, food or beverage processing facility
· Road transport terminal or storage facility
· Farming or commercial forestry
· Energy production site (e.g. solar, renewable)
· Telecommunication infrastructure

Planning Context & Approvals
While the land lies within the Resource Extraction Zone (REZ), assessments confirm there are no viable mineral deposits, meaning extraction is not a practical or economic option.
A planning application has already been lodged by the current owner to construct a single-storey dwelling, which includes:
· Three bedrooms with open-plan living
· A split-level design to minimise earthworks
· Natural, muted finishes (weatherboard cladding & Colorbond roof) blending with the landscape
· A 62,000 L rainwater system and septic infrastructure for sustainable autonomy
· Landscaping and an environmental management plan with revegetation measures
The SA Planning Commission has supported the proposal in principle, with only routine conditions relating to environmental, access, and interface management. Referrals to the Department of Energy and Mining (DEM) and neighbouring industry raised no objections.

Why 378 Richard Street?
· Panoramic views of the Barossa Valley—rare and irreplaceable
· Strategic zoning flexibility, with subdivision potential (STCC)
· Approved pathway for a private dwelling, blending lifestyle and investment value
· Options for commercial, tourism, and agri-use developments
· Adjacent land also for sale—secure a combined 50-acre estate

Property Information

• Land area approx 25ac

Property Features

• Air Conditioning