14 Caulfield Avenue, Cumberland Park SA 5041

Stone-fronted Art Deco | 760m² expandable lot | poolside entertaining | tightly-held character street | prime school catchments This property presents a competitively strong proposition due to its larger-than-standard lot in a tightly-held character precinct, a configuration increasingly rare for a three-bedroom home. The stone-fronted interwar architecture combined with practical updates and multiple living zones caters specifically to a family seeking established charm with space for a future expansion, positioning the buyer in a segment with enduring demand. Its lack of development overlays and proximity to sought-after government schools solidify its appeal as a long-term holding. The primary risk is the capital required to modernise or extend a 1939-built home, costs not reflected in the current price. However, the commercial logic is clear: the 760m² parcel provides immediate utility for entertainment and latent value for strategic improvement, directly capitalising on the neighbourhood’s character premium. This property should be acquired as a principal residence with a view to a phased capital investment, not as a passive holding. Recent comparable sales nearby: • 56 Caulfield Avenue: 3 beds, 740m², sold for $1,353,000. This sale demonstrates the established price point for three-bedroom homes on large lots in this immediate street, providing a credible benchmark that suggests the listed property is positioned within the expected market range.