147 Coast Road, Moonta Bay SA 5558

3-bedroom corner block 54m frontage | 9% building coverage | 200m from beach | subdivision potential under council consent The property’s primary buying case rests on its unusually low 9% building coverage on a 1169m² corner lot with a 54m frontage-this configuration is rare within 200m of the beach and gives a buyer positional leverage that most coastal houses in this price band lack. The 1983-built 105m² floorplan is modest but functional, and the absence of bushfire, flood, or heritage overlays simplifies both immediate occupation and future reconfiguration. This house best suits a buyer who values lifestyle proximity to the shoreline while retaining optionality to subdivide or develop the rear portion, subject to council consent. The principal risk is that the existing house is small and dated, meaning any buyer who needs more than three bedrooms or a second living area will face renovation costs that erode the value advantage of the land. The 2013 last sale date and 13-day listing period suggest limited recent transaction evidence, so the buyer should commission a structural inspection to confirm the building envelope. The opportunity is to hold the house as a low-maintenance coastal rental-estimated midpoint rent of $445pw provides a reasonable yield against the $642k valuation-while pursuing a future subdivision application to unlock the land’s latent value. Use the property as a land bank with immediate cash flow, not a forever home.