39 Bonnin Street, Reynella SA 5161

Solid brick split-level | 696m² larger lot | 4 car spaces | 1969 build | Reynella East College catchment This property presents a competitively strong offering for a family buyer, defined by its larger-than-standard 696m² block and practical four-car accommodation in a suburb where land size is a premium. The solid brick construction and split-level design are typical of the area’s durable, low-maintenance stock from that era. It is squarely positioned for an owner-occupier seeking space and school access, with rental yield estimates confirming its serviceability as an investment, though its single bathroom caps its appeal against modern layouts. Proceed with the understanding that the 1969 build necessitates a stringent building inspection, with the split-level design and potential for original wiring or plumbing representing latent cost risks. The conflicting internal area reports require immediate clarification, as they impact both valuation and utility. The commercial logic is clear: secure it within the lower listing range to bank the land value and catchment advantage, then hold for long-term land appreciation while covering costs with reliable rental demand. This is a hold property, not a short-term trade.