192 Square Mile Road, Yahl SA 5291

Character house on 5 acres | renovated 1900s original | established vines and water license | dual living potential with cottage This property presents a rare combination of period character and modern renovation on a productive 2-hectare lot, which gives a buyer immediate lifestyle and income optionality. The 2016 updates to the main residence-stone benchtops, underfloor heating, French doors-mean the house is move-in ready without the deferred maintenance typical of century-old structures. The 4-bay shed with mezzanine and concrete floor is a genuine workshop or storage edge, while the separate cottage on the same title offers potential for extended family or rental income, though it is a distinct listing and should be verified as part of the sale. The established vines and 3350kL water license add a semi-commercial dimension that most rural-residential properties lack, making this best suited to a buyer who wants space, character, and some agricultural return without being a full-time farmer. The main risk is the water license and bore condition-these require due diligence on transferability and ongoing costs, as a dry season could materially affect vineyard viability. The property sits outside bushfire and flood overlays, which is a structural advantage for insurance and future resale, but the rural location near Yahl Primary and Grant High School limits buyer pool to families or tree-changers rather than commuters. The solar array offsets some utility exposure, but the 5-acre block still demands ongoing land management. Hold this property as a lifestyle base with a modest income stream from the vines and cottage, or sell the cottage separately if zoning permits-either way, the land and water license are the enduring value.