2/22 King Street, Gawler SA 5118

Strata unit with land | 1987 build | Gawler convenience zone | Flood and heritage overlay noted This property is competitively positioned as a three-bedroom strata residence with a rare 373-square-metre land holding in central Gawler, a configuration that effectively mimics a low-maintenance house within a small two-dwelling complex. Built in 1987 and located near the train station, shopping precinct, and within catchment for Gawler Primary School and Gawler and District College B-12, it serves owner-occupiers seeking lifestyle ease and investors targeting steady rental demand, with estimated income around $525 per week. The inclusion of built-in robes, air conditioning, and gas heating reinforces its turnkey appeal. However the detected flood and heritage overlays introduce material constraints on future alterations or extensions, which limits value-add potential and should drive careful price negotiation, particularly as the estimated value sits below the advertised range. The property’s character-style presentation and strata title may narrow buyer appeal, but for those prioritising a ready home with land in a well-connected spot it offers a solid entry point if pricing reflects these planning risks.