41 Solway Cres, Encounter Bay SA 5211

Vacant 700m² lot on Solway Cres | $355k recent sale | Coastal residential zoning | Bushfire overlay may apply This property is a vacant 700m² residential lot in Encounter Bay, which is competitively positioned as raw land in a street where improved family homes are typical. Its size is above average for the immediate area, and the residential zoning supports custom building or development. The property serves best a buyer seeking to construct a detached home in a coastal-suburban setting, particularly owner-occupiers or small-scale investors with a build timeline. The recent sale at $355k provides a clear land-value benchmark, and the lot’s quiet residential character adds to its appeal for lifestyle-oriented buyers. The bushfire overlay noted on a nearby property may apply here, which could affect building costs and material requirements. The absence of a dwelling means no rental income is possible without construction, and the buyer should weigh the cost of building against the finished value of comparable homes on the street. The property’s value may be influenced by local planning rules and development feasibility, so a review of council requirements is advised before forming a price view.