21 Mary Street Smithfield SA 5114

2022 build | dual living areas | leased $550/week | flood overlay | 363m² Torrens title This property presents a competitively strong, modern house in a growth suburb, distinguished by its 2022 construction and dual living areas on a Torrens title land parcel. Its immediate rental income and low-maintenance design serve an investor seeking a newer house with tenant appeal or an owner-occupier desiring a turnkey solution without the premium for a larger block. The configuration offers flexibility rare for its age in this market segment. The primary decision mechanism is the flood overlay, which necessitates specific due diligence on insurance costs and potential future resale impacts. The commercial logic is clear: secure a newer, high-specification house at a price point typically commanding older stock, accepting the smaller land size. This property is best held as a long-term rental or live-in home, where its modern fixtures and established tenancy provide immediate stability. Our tailored report would quantify its real market valuation against recent flood-affected sales, detail the council overlay checks, and model the precise insurance premium implications for your final offer.