23 Judd Road, Elizabeth SA 5112

3 bed, 2 bath on 750m² | 1957 build with ducted heating/cooling | Post-renovation value-add | Flood overlay present This property presents a clear value-add proposition, having been acquired and likely renovated within a short period, transforming from a one-bathroom to a two-bathroom layout. The configuration of three bedrooms and two bathrooms on a substantial 750 square metre block is competitively strong for the area, directly appealing to owner-occupiers seeking space and modern convenience or to investors targeting family rentals. The inclusion of full ducted heating and cooling, a secure garage, and an outdoor entertainment area positions it above typical stock from its era, serving buyers who prioritize move-in readiness over a project. Its location within the Playford International College catchment further solidifies its family appeal. The primary risk mechanism is the confirmed flood overlay, which necessitates specific due diligence regarding insurance premiums and potential future resale constraints. The rapid price appreciation since its August 2024 sale demands verification that the renovation quality justifies the new asking range. The commercial logic lies in acquiring a recently updated house that bypasses immediate capital expenditure, offering either a stable rental yield or a long-term hold for capital growth. Proceed with a conditional offer contingent on a building inspection verifying the renovation integrity and a flood impact assessment, positioning this as a hold property for either rental income or gradual equity growth.