13 Kalev Court, Happy Valley SA 5159

New build in quiet cul-de-sac | Backs leafy reserve | Tenanted to Nov 2026 | Large 858m² block This property presents a compelling, low-maintenance investment with immediate income, suited to an investor seeking a long-term hold. Its 2024 construction on a large, reserve-backing lot in a quiet location is a rare combination that offers both modern efficiency and a premium lifestyle setting, ideal for a future owner-occupier or a tenant. The fixed lease provides secure cash flow while the substantial building size and four-bedroom layout cater directly to family demand, underpinning its capital growth potential. Proceed with the understanding that the bushfire overlay imposes specific construction and insurance obligations, adding to long-term holding costs. The current tenancy, while securing income, limits immediate occupancy until late 2026. For an investor, this is a straightforward buy-and-hold proposition; for an owner-occupier, it requires a patient timeline. Its fundamentals justify a premium over older stock, making it a sound acquisition if the price aligns with recent area growth. A nearby comparable, Lot 22 Kalev Court, is estimated at $1,122,000. This property’s newer build, larger land size, and superior reserve-fronting position command a justifiable premium over that benchmark. Recent suburb sales activity confirms strong demand for modern family homes in this area, supporting a value toward the upper end of the provided domain range.