33 Sheedy Road, Virginia SA 5120

Large 2000-built villa | 2415m² land in bushfire zone | 4 bed, 2 bath | Solar panels | Virginia Primary catchment This property presents a strong proposition for a buyer seeking substantial land within a peri-urban setting. Its 2415m² lot size is notably larger than neighbouring holdings, offering a rarity of scale for the area. The 2000-built, four-bedroom villa provides modern accommodation on a low-coverage site, suited to a family prioritizing space and established gardens. Its position within the Virginia Primary School catchment and reliable connectivity add practical utility. This property best serves a long-term occupant or a buyer comfortable with land management, not an investor seeking high rental yield. The primary decision hinges on managing its overlay exposures. Bushfire and flood overlays impose specific construction and insurance costs, directly impacting holding expenses and potentially limiting future buyer pools. The calculated gross rental yield of approximately 3.1% is marginal for a pure investment. The commercial logic lies in capitalizing on the land scarcity, where the lot size itself is the appreciating component. Acquire for long-term occupation to amortize risk, or secure for land banking; it is not structured for cash flow. Recent sales context shows 32 Sheedy Road, with a 1336m² lot, carries an estimated value of $1,187,000. This property’s significantly larger 2415m² parcel, at a similar price point, indicates the land premium is being recognized, supporting the valuation thesis for a land-focused buyer.