5 Parkmore Avenue, Sturt SA 5047

Flood overlay risk confirmed | No heritage protection offers redevelopment optionality | Land-to-building ratio favorable at 18% | Timber flooring and ducted air conditioning reduce immediate capex A flood overlay is detected on title and must be investigated through council due diligence; it may increase insurance premiums by an estimated 10–15% and constrain certain ground-level modifications. The 704m² Torrens-titled allotment with 18% building coverage and no heritage overlay provides structural option value—extending, subdividing, or rebuilding are commercially viable pathways. The undercover verandah and detached room offer immediate livability for a growing household. This property is best held as a long-term land bank or improved for capital gain, not as a short-term flip. Competitively, the 17.68m street frontage and generous outdoor area are rare in Sturt’s current stock; they position this house well against newer infill builds that sacrifice land for finish. The solar panels, ducted reverse cycle air conditioning, and NBN Hybrid Fibre Coaxial reduce ongoing utility and connectivity costs for a buyer. This property serves an owner-occupier seeking land depth in a school catchment area or a patient investor aiming to extract value through future subdivision or development. To proceed, engage a building and pest inspector with experience in flood-affected soils and confirm Marion Council’s overlay requirements before making an offer.