1/2 Saltram Road, Glenelg SA 5045

Character unit in preserved group | 1930s or 1880s build | Near coastal lifestyle | 1 car space | 3.2% estimated yield This property presents a competitively strong proposition as a tightly held character residence within a small, preserved group, a rarity in the Glenelg area which is increasingly dominated by newer, standard units. Its two-bedroom format, heritage details, and proximity to the coast position it for an owner-occupier seeking charm and location over modern space, or an investor targeting a tenant demographic drawn to that character. The discrepancy in recorded bathrooms and building era requires immediate clarification. Proceed only after verifying the bathroom count and construction date through a professional inspection, as these uncertainties directly impact value and renovation potential. The modest land size and single car space are inherent compromises for the location. This property is best acquired for long-term holding to capitalise on its scarcity as a character dwelling, with its current rental yield providing a serviceable holding return while awaiting capital growth driven by its irreplaceable position.