46 Holder Road, North Brighton SA 5048

Modern coastal renovation | 60% site coverage | Flood overlay | Near primary school | Tightly held locale This property presents a compelling case for a buyer seeking a low-maintenance, high-quality coastal residence. Its extensive 2004 build with recent high-end renovations delivers a turnkey solution in a tightly held North Brighton position, minutes from the shore. The 60% building coverage and 208m² structure on a 347m² block maximize internal space and modern living areas, a configuration rare for the area and ideal for downsizers or professionals valuing space over land. The transformation from its original retirement living purpose into a contemporary sanctuary targets a buyer prioritizing sophisticated finishes and immediate livability over a project. Proceed with clear due diligence on the noted flood overlay, as this may impact insurance costs and future development potential, effectively a recurring financial liability. The 2.9% gross rental yield is modest, indicating this property’s value is anchored in owner-occupier lifestyle utility rather than investment return. Acquire for long-term personal use to fully capitalize on its premium finishes and location; it is not structured for strong cash flow. The combination of modern footprint, elite finishes, and location justifies a premium for the right occupant, but its investment metrics and overlay require acceptance.