5 Virginia Drive, Hackham West SA 5163

3-bed 1966 house | 730m² lot in established suburb | 6 car spaces | solar panels | under contract This property presents a strong proposition for a buyer seeking a large, low-coverage block with significant off-street parking in a growth suburb. The 730m² lot with only 17% building coverage offers substantial redevelopment or extension potential, a rare find in established areas. The six car spaces cater specifically to multi-vehicle households or trades operators. Its position within the Christies Beach High catchment aligns it with consistent family demand, while the absence of environmental overlays simplifies future development. Proceed with caution, as the property is already under contract, indicating competitive market interest. The key risk is the 1966 build date, which necessitates a thorough building and pest inspection to budget for potential system renewals. The variance in recorded land size requires title verification. For a buyer, the logical play is to secure it for land value and modernize the existing house for long-term hold, capitalizing on the suburb’s strong median value growth trajectory.