16 Mclelland Street, Davoren Park SA 5113

1965 build | 816m² block | 22m frontage | no overlays | solar panels | FTTP The property’s primary competitive edge is its unusually wide 22.28-metre frontage on a full 816m² lot in a growth corridor with zero overlay constraints-a rare configuration that allows future subdivision or dual-occupancy development without council pushback. The 29% building coverage leaves substantial undeveloped land, and the solar panels reduce holding costs. This suits investors seeking land-bank upside or owner-occupiers wanting space to extend, particularly given the strong rental demand at $515/week. The main risk is the 1965 build condition, as no recent renovation is confirmed and the listed building report may reveal structural or electrical issues that cost $30,000–$60,000 to address. The 2024 sale price is unknown, creating uncertainty about vendor equity and negotiation flexibility. However, the comparable at 19 Mclelland Street at $663,000 and the recent 730m² lot sale at $660,000 support the $650,000–$659,000 estimate as fair. Hold for land appreciation and consider a pre-purchase structural inspection to quantify renovation costs before offering.