6 Libby Court, Tennyson SA 5022

Waterfront double-brick | 5 bed over two levels | 650m² lakefront lot | 1989 build, one owner This property presents a rare, fixed-supply proposition as a substantial double-brick family residence on a direct waterfront parcel. Its configuration of five bedrooms and multiple living areas across two dynamic levels, combined with a heated pool and panoramic lake-to-sea outlooks, caters specifically to a buyer seeking a permanent, premium coastal lifestyle rather than a speculative investment. The single-family ownership since construction suggests well-maintained, original condition, which appeals to those valuing structural integrity and a blank canvas for modernisation. Critical due diligence must address the identified flood overlay, which directly impacts insurance premiums and future development potential, representing a persistent holding cost. The 55% building coverage on a 650m² block limits expansion, making the existing footprint key. For a buyer whose use case aligns with long-term occupancy, this house offers a defensible position in a tightly held locale; treat it as a primary residence to capitalise on its lifestyle utility, not as a short-term holding.