2/363 Military Road, Henley Beach SA 5022

2 beds | 1 bath | 1 car | 109 m² lot | 5-dwelling block | Off-market | Sold previously This is a compact two-bedroom unit in a small block of five on Military Road, Henley Beach. The 109 m² lot is modest but provides a toehold in a coastal suburb where land is scarce and demand is consistent. Its position on a major arterial offers strong access to the beach, local retail and public transport, which may appeal to owner-occupiers seeking a low-maintenance base or investors targeting rental demand. The single bathroom and one car space align with a straightforward, functional layout that does not overreach for a premium market. The property is off-market and was sold previously, so current pricing cannot be relied on from the visible evidence alone. The building contains only five units, which may limit strata comparables and raises questions about body corporate condition and reserve funds. Why this unit is not currently listed and what its true market position is relative to similar coastal stock needs to be established before confidence can be formed.