4 Wentworth Street, Lockleys SA 5032

North-facing 620m² block | 4 car spaces | 203m² solid brick | 3 bed with BIRs | Est. $635/week rental This property presents a competitively strong landholding in a convenient middle-ring location, with its generous north-facing allotment and substantial off-street parking being rare for the area. The solid brick construction and functional three-bedroom layout serve downsizers or first-home buyers seeking low-maintenance, single-level living with established gardens and immediate utility. Its estimated rental yield aligns with investor interest, though the single bathroom caps its appeal against renovated stock. The primary decision hinges on accepting a floorplan that is functionally dated, with the single bathroom representing a material value constraint versus modern expectations. The commercial logic lies in the secure land component, which supports either long-term holding for rental income or a future redevelopment play, given the block’s dimensions. Acquire for hold, not for immediate premium resale. Recent comparable sales nearby include 5 Wentworth Street, a similar three-bedroom, one-bathroom house with four car spaces, which sold for $1,280,000 in November 2024. This sale, originating from a 2015 purchase at $600,000, demonstrates significant capital growth for the street and sets a relevant benchmark, indicating the listed price range for 4 Wentworth Street is positioned within the established market.