2 Paradise Close, Highbury SA 5089

quiet cul-de-sac | bushfire overlay | conflicting building size records | 40-year family hold This property’s core risk is the bushfire overlay, which may increase insurance premiums by 15–25% and complicate future financing or resale. The conflicting building dimensions across records (120m² to 403m²) signal a need for formal survey prior to exchange; if the smaller figure is correct, the price per usable square metre is significantly above suburb medians, reducing margin for error. The quiet cul-de-sac and elevated views are genuine scarcity features in this pocket, and the forty-year hold suggests minimal deferred maintenance the seller has already absorbed — meaning the buyer is not paying for recent cosmetic upgrades. Hold for medium-term capital growth; the land-to-improvement ratio supports a future subdivision or extension if council permits align. What makes this property competitively rare is the land size on a no-through road with city views — a combination seldom listed in the current market. The 857m² lot offers optionality that smaller infill houses cannot match, and the established garden orientation creates a defensible boundary for privacy. It best serves a buyer who values land banking over move-in perfection and who has capacity to verify building records and manage a bushfire overlay. The next step is a structural survey and a Council overlay enquiry before submitting an offer — this property’s value lies beneath the floorplan.