262/50 Andrews Road, Penfield SA 5121

3 bed retirement unit | over-55s gated village | strong amenities | downsizer demand zone This property sits inside a well-established over-55s community with a rare depth of on-site amenities—licensed bar, café, hairdresser, and village bus—that directly reduce the need for car dependency. The 3-bedroom Wattle design is unusual for this segment, giving it broader appeal to downsizers who want guest space or a study. The absence of flood, bushfire, or heritage overlays simplifies due diligence, and the gated security plus on-site management lowers vacancy risk for any future rental scenario. It is best suited to a buyer targeting low-maintenance lifestyle living within a 30-minute commute to Adelaide’s northern employment nodes. The main risk is valuation uncertainty: retirement village units trade on lease or licence structures that can suppress resale liquidity compared to freehold houses, and the wide estimate spread—$330k to $520k—signals that comparable sales inside the village are inconsistent. Buyers must confirm the exact tenure model, exit fees, and ongoing village charges before committing, as these directly affect net equity growth. The rental estimate of $395 per week offers a gross yield near 4.5% at the lower valuation, which is reasonable for this product type, but the buyer should treat this as a lifestyle hold, not a capital growth play. Use it as a lock-and-leave base or a low-effort rental in a secure village