20 Green Street, Mypolonga SA 5254

Corner allotment | Dual street frontage | Circa 1922 sandstone cottage | 1,012 m² block | Bushfire overlay The corner allotment is valued for its dual street frontage, a rare feature providing optionality for access or future subdivision. The 1,012 m² block is sized generously for this locale, offering space within a character envelope. Original features like open fireplaces and ornate ceilings are retained in the 1922 sandstone cottage, appealing to those seeking established charm. This property is best suited for buyers wanting character with land depth for reconfiguration or privacy. A bushfire overlay is identified as a material risk, with elevated insurance premiums and potential restrictions on renovations. This additional cost must be factored into holding expenses. The large block however is seen as presenting an opportunity: if zoning permits, a secondary dwelling or split could be considered to unlock underlying land value. The recent sale and estimated value indicate growth is priced in but not excessive. A hold-for-land-appreciation strategy is recommended.