10/7 Jean Street, Pooraka SA 5095

2-bed unit in complex | 1976 build | flood overlay | strong rental yield | walk to schools/transport This unit presents a competitively priced entry into a convenient northern suburb, serving the budget-conscious investor or first-home buyer. Its core strength is a proven, high rental yield supported by proximity to transport and shopping, making it a straightforward cash-flow proposition. The recent updates and air conditioning solidify its appeal in the rental market, positioning it for immediate tenancy. The primary decision factor is the flood overlay, a tangible risk that necessitates specific insurance due diligence and may impact long-term capital growth. The small lot size and strata structure are typical for the area but limit future expansion. For a buyer, the commercial logic is clear: acquire for reliable yield, not significant appreciation. Hold as a long-term income property, accepting its functional limitations against its financial performance. Recent comparable sales data is limited, with the property last transacting in 2019 and a prior sale in 2006 for $141,000. This sparse history underscores the importance of the current price bracket against recent, unspecified unit sales in Pooraka, suggesting the listed range aligns with the established market for older, compact units.