2 Trevu Avenue, Gawler East SA 5118

Large 1328m² lot | renovation required | subdivision potential | Gawler East positioning The property’s primary strength is its land-1328m² in a sought-after Gawler East pocket, offering genuine subdivision optionality subject to council approval. The existing 1966 house, while dated and needing significant work, provides immediate shelter and a rumpus room that could be reconfigured into a third bedroom. For a buyer willing to manage a renovation timeline, this represents a rare chance to secure a large site with dual-income potential: live in the renovated original while selling or developing the subdivided lot. The high side street position and absence of easements further strengthen the holding case. The main risk is the renovation scope-the galley kitchen and single bathroom are likely original, and the bushfire overlay adds compliance cost if you subdivide. The 28% site coverage is generous, but subdivision feasibility depends on Gawler Council’s current planning scheme, which must be verified before exchange. Rental yield at $565/week is modest for the outlay, so this is not a cash-flow play. The logical path is to renovate for owner-occupation, then subdivide and sell the rear lot to recoup capital-treat the house as a landbank with a roof.