505 Military Road Largs Bay SA 5016
505 Military Road Largs Bay SA 5016
3 bedrooms or 5 | 845 sqm land | 8 car spaces | Auction scheduled
This property presents a rare configuration of substantial land and exceptional parking capacity on Military Road, a positioning that serves a buyer seeking space for vehicles, extended family, or future adaptation. The significant discrepancy in reported bedroom counts, however, introduces immediate valuation complexity, suggesting a property that may be under-quoted or fundamentally misrepresented, demanding expert scrutiny before the auction.
Proceed only with a strategy that isolates the true floor area and lawful use, as the bedroom ambiguity risks distorting your price benchmark by over twenty percent. The commercial logic lies in securing the land parcel at a price that reflects its current, verifiable state, not its speculative potential. Treat this as a land acquisition with a house included, and commission a report to lock in its real market valuation, structural checks, and locality risks before bidding.
Detailed Independent Property Report prepared by PropCred Analyst team for 505 Military Road Largs Bay SA 5016
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
Insight: 505 Military Road Largs Bay SA 5016
Largs Bay is a well-established coastal suburb attracting professionals seeking a premium lifestyle. Demand is driven by its established character and proximity to the water, resulting in a consistently tight rental market and low vacancy rates. Recent price trends show strong capital appreciation, with houses transacting relatively quickly, indicating sustained buyer competition. Future growth is underpinned by its enduring appeal, though limited unit data and potential affordability constraints warrant monitoring in a changing rate environment.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
8
Land
845m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst