12 View Cres, Evanston Park SA 5116

3 bed, 2 bath, lowset 2014 build | 372m² lot, 57% coverage | tenanted to Oct 2026 | Gawler council, no flood overlay The house presents a rare combination for an investor: a near-new lowset build on a compact lot with a strong tenancy in place until late 2026, removing vacancy risk for two full years. The 57% building coverage and 6m roof height suggest efficient use of the 372m² site, and the 85% owner-occupied street profile signals stable neighbourhood demand. This property suits a passive investor seeking immediate, predictable cash flow from a low-maintenance structure, particularly in a suburb where 83% of residents are long-term holders. The bushfire overlay is a material risk that may raise insurance costs and limit some buyer pools at resale, though the 2014 build likely meets current standards. The tenancy, while secure, caps owner-occupier appeal and may deter those wanting to move in quickly. With estimated rental income of $590pw and a 2017 purchase history, the buyer should verify whether current rent aligns with market-if below, there is upside at lease end. Hold for the tenancy term, then reassess for repositioning or sale.