27 Kalyvas Drive, Munno Para West SA 5115

Modern 2010 build | compact 341m² lot | tenanted below market | strong family catchment | FTTP NBN This house presents a competitively strong, low-maintenance investment in a practical family suburb. Its modern 2010 construction by a volume builder ensures a contemporary layout and reduces near-term capital expenditure, positioning it well against older stock. The established tenancy provides immediate income, though below estimated potential, and the configuration directly serves the dominant local demand from families and long-term investors seeking turnkey properties. Its smaller land parcel is typical for the area and aligns with a buy-and-hold strategy focused on rental yield and capital growth from the dwelling itself, not land banking. The primary risk is the below-market rent, which costs the buyer approximately $110 per week in forgone income until the lease expires in May 2026. The compact lot limits subdivision potential, concentrating value on the dwelling’s condition. Proceed with an auction strategy anchored by the current rental income, with a plan to reposition the rent to market post-2026. This property is a hold for an investor prioritizing stable yield today and incremental value uplift through rental adjustment.