10 Franklin Court, Golden Grove SA 5125

4 bed, 2 bath, 1990 build | 198sqm on 768sqm elevated | 6 car spaces, shed, workshop | Golden Grove catchment, bushfire overlay The property’s primary buying case rests on its rare configuration: a 768sqm elevated lot with 6 car spaces, a substantial shed, and a workshop-features almost impossible to find in Golden Grove’s current market. The 1990 build has been thoughtfully renovated, offering a formal lounge and a master suite with walk-in robe and ensuite, which positions it well for families needing both space and separation. The 24m frontage and ground elevation provide a sense of privacy and presence that standard suburban lots cannot match. This house serves best a buyer who requires secure parking for multiple vehicles, a boat, or a caravan, and who values a dedicated workshop or storage area as a non-negotiable part of daily life. The established school catchment and absence of flood or heritage overlays reduce long-term holding risk. The bushfire overlay is the primary risk-it may increase insurance premiums and impose landscaping or building restrictions that a buyer must budget for. The rental yield of $815pw against the estimated $1.24m value is below market averages, meaning this is not a strong investment play unless capital growth from scarcity drives returns. The 11-day market time suggests no urgency from the seller, so a buyer should not rush. The opportunity lies in the fact that few properties in this price bracket offer this much covered parking and workshop space-if your lifestyle demands it, this is a niche asset with limited competition. Hold it as a long-term family home where the land and utility outweigh the premium.