56 King Street, Pennington SA 5013

Large 743sqm block | 8-car off-street parking | family four-bedroom layout | single bathroom trade-off | Pennington location The property’s competitive strength is derived from its uncommon pairing of a 743-square-metre block with eight-car parking, a configuration rarely encountered in established corridors. This land mass supports immediate vehicle storage or workshop use and implies future extension or subdivision potential, positioning it well for buyers seeking value in extra square metres. It serves families requiring high accommodation for vehicles alongside a four-bedroom footprint, despite the bathroom count being a clear constraint. Primary risk is the single bathroom, which limits functional appeal for larger households and may slow resale without upgrade, while conflicting bedroom counts warrant title verification to avoid valuation gaps. The opportunity lies in land weight: acquisition targets block value, with renovation costs offset by future capital gains. Hold as a long-term family holding with development optionality.