148 Winston Avenue, Melrose Park SA 5039

Character-filled family home on 808m² | 4-bedroom layout with separate studio | Unley High catchment | Flood overlay flagged The property’s competitive edge lies in its rare combination of generous land, original character detailing, and a detached studio that functions as a separate living wing or income-ancillary space. For a buyer seeking a long-term family holding in a sought-after council and school zone, the 267m² building footprint provides immediate liveability with scope for future reconfiguration. The double carport and open parking, alongside the established gardens and paved entertaining area, position this house as one of the few turn-key options in Melrose Park that does not require immediate renovation. It is best suited to a buyer who values period charm, separate zones for teenagers or guests, and a location within 10km of the city. The flood overlay is the primary risk and should be investigated through council flood mapping and insurance quotes before bidding; it may affect rebuild or extension costs and could deter some buyers, potentially softening competition. The discrepancy in some records showing 3 bedrooms suggests the current 4-bedroom layout may have been reconfigured without permits, which a buyer should verify. The 37m ground elevation and 6m roof height indicate a low-lying site that could limit future vertical additions. On the opportunity side, the studio with kitchenette and separate driveway offers genuine dual-living potential, and the 808m² lot is large enough to consider a future subdivision in the right zoning context. Hold this property as a family home with optional rental income from the studio, or as a land bank in a stable market.