122 Pratt Avenue, Pooraka SA 5095

Corner 610m² lot in Pooraka | 1979 double brick with rumpus room and workshop | Subdivision potential on a 4-bedroom house | Solar panels and three car spaces The property’s primary buying case rests on its 610m² corner allotment with a 280m² building footprint, offering genuine subdivision scope under council consent. The 1979 double brick construction is structurally sound and low-maintenance, while the rumpus room, workshop, and shed add functional depth that suits a family or a buyer looking to add value through reconfiguration. It serves best a buyer seeking a long-term hold with land banking logic, or a developer who can split the lot while retaining a well-built four-bedroom dwelling. The solar panels and three car spaces are practical differentiators in this price bracket. The key risk is that subdivision is not pre-approved, and council costs and timeline may erode the margin if the buyer overpays at auction. The 46% building coverage leaves limited open space, which could constrain design options for a second dwelling. However, the corner position improves access and reduces neighbour impact, and the recent $805,000 sale provides a clear floor for valuation. Hold as a dual-income rental with a staged subdivision pathway, or renovate and sell the existing house once the lot is split.