42 Booth Street, Happy Valley SA 5159

Dual living potential | 1996 build | 366m² lot | GN zoning | 5G coverage This property presents a strong case for buyers seeking flexibility, as its dual living configuration with clear provision for a fourth bedroom or second bathroom is a functional rarity in this price segment. The established 1996 construction on a 366m² block with modest 46% coverage offers a low-maintenance base with tangible subdivision or extension potential within General Neighbourhood zoning, best serving an owner-occupier needing multi-generational space or an investor targeting rental appeal. Proceed with explicit costings for council approvals to realise the downstairs bathroom or bedroom, as unapproved work is a material risk. The bushfire overlay necessitates insurance premium research. Its commercial logic is capitalising on the existing dual layout for rental income or family use. Acquire this as a long-term hold to exploit its configuration advantage and land ratio, where its appreciation has significantly outpaced the suburb average. The property last sold for $338,000 in February 2019. Current valuation estimates between $640,000 and $860,000 demonstrate a substantial market uplift, with the mid-point indicating roughly 122% appreciation over seven years. This trajectory underscores the suburb’s strong capital growth, providing a credible foundation for the current asking price.