59B Collins Street Enfield SA 5085

Corner allotment | 792m² development potential | Mid-century 3 bed | Flood overlay present This property presents a strong opportunity based on its substantial corner allotment, a configuration increasingly rare in this suburb. The 792m² land size and 22.86m frontage offer tangible future potential for subdivision or extension, serving buyers seeking land banking or a family home with expansion capacity. Its position within the Roma Mitchell Secondary College catchment and provision of multiple car spaces solidify its appeal to a specific demographic, making it competitively positioned against typical Enfield stock. The primary decision mechanism is the flood overlay, which imposes immediate due diligence costs for insurance and development approvals, potentially limiting financing options. The 1961 build necessitates a rigorous building inspection to budget for mid-century maintenance. Acquire this property for its land value and positional advantage, but only after a structured feasibility assessment. A Propcred report would specifically quantify the flood risk’s impact on valuation and provide the necessary locality due diligence. * No specific recent comparable sales data was available in the provided results to anchor a precise value inference. General market tools would be required to establish a current sales benchmark for this Enfield pocket.