10 Mallan Street, Findon SA 5023

Single-storey stone-fronted home | 654m² Torrens title | quiet Findon pocket | 38% building coverage allows expansion This property offers a rare combination of a solid stone-fronted structure on a full-size Torrens title lot with low building coverage, giving a buyer genuine scope to extend or redevelop without leaving the suburb. The 248m² footprint on 654m² leaves meaningful land value upside, and the absence of heritage or flood overlays simplifies approvals. It serves best for owner-occupiers wanting to modernise a neat shell while capturing future land appreciation, or for investors seeking a long-hold with rental demand supported by nearby schools and 5G connectivity. The main risk is that the asking price sits above the suburb median, meaning the buyer pays for potential rather than current condition. The single bathroom and older layout will limit appeal to families unless upgraded. A buyer should negotiate hard on condition and budget for a $150k–$200k renovation to unlock full value. Hold for at least five years to benefit from land uplift in this established pocket.