25 Derrick Road, Elizabeth East SA 5112

Large family block | 1975 solid brick | 4.1% yield | bushfire overlay | Playford College catchment This house presents a competitively strong land position, with its 820m² parcel substantially exceeding the suburb’s typical lot size, creating inherent scarcity. The solid brick construction in a Spanish Missionary style offers durability, while the configuration aligns with core family and investor demand in the area. It serves buyers seeking a value-add opportunity through updates on a larger, established block, with the rental yield providing a solid income foundation. The primary decision hinges on the cost of mitigating the identified bushfire overlay, which requires specific due diligence and may impact insurance and future improvements. The older build year necessitates a thorough building inspection budget. However, the significant equity gain since its last sale and the below-median price per square metre signal a well-priced entry. Acquire as a long-term hold, prioritizing capital growth from the land component while the existing rental demand services the debt.