13 Kyeema Avenue, Cumberland Park SA 5041

Post-war family home | large 715m² block | first sale in 50 years | prime school catchments This property presents a rare, long-held opportunity on a substantial parcel in a tightly held street, directly serving families targeting the Westbourne Park and Unley High school zones. Its scale and position are competitively strong for renovation or redevelopment, appealing to owner-occupiers seeking land security and upside in a balanced market. The offering is fundamentally a land play, with the existing house providing immediate utility. Proceed with the discipline that the listed price already discounts the required capital investment for modernisation. The primary risk is overcapitalisation against the street’s established value ceiling, evidenced by recent sales. The opportunity is strategic: secure a character-block in a stable, high-ownership street where supply is minimal. Acquire for hold, occupy to capture the school advantage, and improve with cost-conscious alignment to the $1.42-1.47m local benchmark. Recent street sales demonstrate a clear value corridor: 65 Kyeema Avenue (4 bed) sold for $1,470,000 48 Kyeema Avenue (4 bed) sold for $1,420,000 37 Kyeema Avenue (3 bed) sold for $1,320,000 This establishes a robust $1.32-1.47m range for three-to-four bedroom homes, framing the current asking price as a entry point for a three-bedroom home on a large block, contingent on your improvement budget.