18 Hampton Cres Largs Bay SA 5016

Flood overlay | 1925 built | $695 rent | 756m² block The flood overlay on this 1925 house introduces a measurable insurance premium and refinancing risk that a buyer must quantify before committing. The large 756m² land holding at 17% building coverage creates a rare expansion opportunity in a tightly held coastal strip, but the 2002 purchase history suggests limited recent turnover to validate pricing. The property functions best as a long-term hold with a value-add renovation or future subdivision play, not a short-term flip. The combination of original period finishes on a generous corner-style block in Largs Bay is competitively scarce, giving a buyer positional leverage against newer infill. Soaring ceilings and floorboards are genuine differentiators that command premium rent, but the single bathroom and 1925 infrastructure demand capital reserves. This serves the patient buyer who values land depth over turnkey convenience. The flood overlay is the single highest-value data point you must verify with council and an insurer before proceeding.