12 Burley Road, Elizabeth Vale SA 5112

Solid brick home on wide allotment | 1961 build with subdivision potential | Flood overlay present | Strong rental yield This property presents a clear value proposition through its land content and configuration. The 780m² allotment is notably wide for the area, offering a rare and commercially logical subdivision opportunity that is the primary driver of its valuation premium. The solid brick construction provides a durable, low-maintenance base. It serves the strategic land banker or investor seeking to capitalise on Playford’s residential density trends, with the existing house delivering immediate rental income to offset holding costs. Your decision hinges on navigating the flood overlay, which imposes specific construction costs and insurance complexities that directly erode equity. Proceed only with a definitive engineering report and subdivision feasibility study. The commercial logic is sound—acquire for land banking with a tenant funding the position, then subdivide to realise the latent land value. This is a hold-and-develop proposition, not a passive buy.