3 Bridget Street, Tea Tree Gully SA 5091

Large 700sqm block | 4-car parking | 1966 solid brick | family-ready | bushfire overlay present The property’s primary buying case rests on its generous land size and parking capacity, both increasingly rare in Tea Tree Gully’s established residential pockets. The solid brick construction and recent refresh reduce immediate capital outlay, while the 700sqm allotment offers genuine scope for future extension or outdoor living—subject to council approval. This house serves best for families seeking a move-in-ready home with long-term flexibility, or for buyers wanting land leverage in a suburb with strong school catchment and reliable connectivity. The identified bushfire overlay is the key risk, potentially constraining certain renovations or requiring additional compliance costs. However, no flood or heritage overlays appear, and the site’s flat, well-positioned character limits most other physical risks. The opportunity lies in the land-to-price ratio: at current estimates, the buyer is paying primarily for the block and location, with the house as functional value-add. For an investor, the indicative rental yield is modest, so the play is capital growth via land appreciation or a future subdivision—if zoning permits.