21/1 Alexander Lane Marden SA 5070

Modern unit in sought-after Marden | Tenanted with immediate yield | Ideal for first buyer or investor | Low-maintenance living with modern finishes This property presents a competitively strong, low-maintenance entry into a sought-after inner-east suburb. Its modern construction, tenanted status providing immediate income, and alignment with high-demand profiles for first-home buyers or investors form its core appeal. The configuration is standard for the area, but its turn-key condition and fixed lease reduce initial effort. The primary risk is the strata-titled land size, which is minimal at 13 square metres, permanently capping land value appreciation and concentrating investment in the building alone. The current tenancy, while providing cash flow, limits owner-occupier use until mid-2026. Proceed as a hold for reliable yield or a live-in purchase post-lease, with the valuation critically dependent on recent comparable sales of similar units, not land-based metrics. Our report provides the precise real market valuation, strata health checks, and locality due diligence needed to confirm this logic.