53A Alfred Street, Largs Bay SA 5016

2007-built coastal home | 3 bed family layout | 420m² secure lot | 4.5% estimated yield | flood overlay noted This property presents a competitively strong, low-maintenance package for a coastal lifestyle buyer or investor. Its 2007 construction modernizes core systems, reducing near-term capital risk, while the 420m² fully-fenced allotment with dual carports delivers practical family utility and secure outdoor space uncommon in newer builds. The configuration targets the durable family and rental market, with the estimated rental yield indicating solid income fundamentals. It best serves a buyer seeking a turn-key coastal entry with minimal upkeep, where the single bathroom is offset by the land component and recent build era. Proceed with confirmed flood mitigation costs and a building inspection focused on post-2007 construction quality. The flood overlay is a defined risk requiring insurance verification, directly impacting holding costs. The absence of bushfire or heritage overlays simplifies ownership. Commercial logic favors a buy-and-hold strategy, leveraging the estimated rental demand to service debt while banking on the land value in a coastal locale. Acquire this for its land security and modern envelope, but price in the overlay.