36 Douglas Street, Magill SA 5072

| 1960s solid brick | 650sqm in Magill | 3-bed family layout | solar already fitted | auction coming May 16 | This property offers a rare combination of a generous 650sqm lot with a solid 1960s brick structure in a tightly held Magill pocket, making it a strong candidate for a family buyer seeking immediate liveability with future optionality. The 250sqm building footprint and 6m roof height provide genuine scope for a vertical extension or rear renovation without needing to demolish, which is competitively scarce at this price point. The existing solar panels, shed, and cubby house reduce initial outlay for a family, while the school catchment to Magill Primary and Norwood International High directly supports buyer demand. The property is best suited to a buyer who values location and land over turnkey finish, and who is prepared to compete at auction in a street where 75% of neighbours are long-term owner-occupiers. The main risk is the 1960s condition-no floor plans or interior details are available, meaning a buyer must budget for unseen structural or compliance work, potentially $50,000 to $100,000 depending on electrical, plumbing, and asbestos. The single carport and lack of a second off-street space may limit appeal to dual-car families. However, the 39% site coverage leaves room for a garage addition, and the absence of heritage or flood overlays simplifies approvals. The rental yield of $545 to $740 per week provides a credible hold strategy if plans change. Buy this for the land and location, renovate or extend within two years, and avoid overpaying beyond the estimated value range.