Duplex on 268m² | 4 car spaces | 1978 build | Near East Torrens Primary
This duplex presents a competitively strong landholding for its typology, with a 268m² parcel and four car spaces exceeding typical unit configurations. Its position within walking distance of a well-regarded primary school anchors its appeal to small families or investors seeking tenants in that demographic. The 1978 construction suggests functional, low-maintenance living, while the recent sales history indicates significant equity growth potential from the previous transaction.
The primary risk is the dated building size and single bathroom, which may constrain resale appeal against newer stock. The commercial logic lies in acquiring a high-land-content property in a stable council area, where future subdivision or improvement could unlock value. This property suits a hold strategy, either as a long-term rental or a live-in opportunity with scope for renovation.