3 Keynes Avenue, Warradale SA 5046

Large 758sqm block | Flood overlay flagged | 1958 build updated | 4-car capacity rare near coast The buying case here is driven almost entirely by land scale in a tightly held coastal corridor. A 758sqm allotment with four off-street spaces and a 24% building coverage ratio offers rare flexibility for a buyer who values future optionality over turnkey finish. The property has been updated with solar, water tank, reverse-cycle air, and an outdoor entertaining area, which reduces immediate capital outlay and supports a strong rental return of around $625 per week. It sits within Hamilton Secondary College catchment and has 5G and reliable NBN, which matters for professional couples or families who work remotely. This property suits a buyer who wants to hold a large block in a premium pocket while collecting income, rather than someone seeking a modern home with no compromises. The flood overlay is the primary risk and must be investigated before any offer. It may affect insurance premiums, redevelopment potential, and resale liquidity. The 1958 build means older plumbing and electrical may surface during due diligence, though the listing suggests cosmetic updates have been made. The property is best held as a landbank with rental cover, or renovated incrementally while waiting for zoning or market shifts that unlock subdivision potential. Do not buy this house expecting to build a second dwelling without first confirming council constraints and flood overlay costs.