4 John Schulz Court, Tanunda SA 5352

Modern family home in quiet cul-de-sac | Multiple living areas & outdoor entertaining | Duplicate garage & workshop space | Positioned above local median This property presents a competitively strong offering for a family buyer, combining a modern 2004 build on a large 900m² lot with a functional four-bedroom layout and multiple living zones. Its duplicate garage provision, including a detached workshop space, is rare in this market and enhances utility. The home’s quiet court position and established lease provide immediate stability, serving an owner-occupier seeking space or an investor entering with a tenant in place. Decision hinges on the bushfire overlay, which imposes future compliance costs and may limit some buyers, compressing its premium. The recent leased status at $750 per week anchors income, but the price point demands scrutiny against comparables. Acquire for long-term hold, leveraging its scarcity of features against Tanunda’s older housing stock; the configuration supports both family living and rental demand, justifying a position at the lower end of the quoted range. Recent comparable sales nearby provide context: – 73 Wallace Drive, Tanunda (4 bed, 2 bath, 2 car, 555m²) sold for $1,019,000-$1,069,000. – 34 Wallace Drive, Tanunda (4 bed, 2 bath, 4 car, 596m²) sought best offer by 31/3/26. This property commands a likely premium for its larger land size, superior parking, and additional living areas compared to 73 Wallace Drive, though its value must be carefully assessed against the pending sale of 34 Wallace Drive for a definitive market position.