60 Harvey Road, Elizabeth South SA 5112

Large duplex allotment | flood overlay present | strong rental yield | fibre & 5G ready | near primary school This property presents a compelling proposition based on its generous landholding for a duplex, a configuration rare in this market that offers both immediate income and future subdivision potential. Its strong estimated rental yield and reliable infrastructure cater directly to first-home buyers seeking entry with land or investors securing a cash-flow positive holding in a family-oriented location. The fundamental strength is the land-to-building ratio, which provides a tangible value buffer. Your decision hinges on the quantified flood risk, which necessitates immediate due diligence including council flood studies and insurance premium assessments, as this directly impacts holding costs and future development feasibility. The commercial logic is clear: acquire for yield and land banking, accepting the overlay’s constraints. Proceed only with a conditional offer pending a full flood impact report, positioning this as a long-term hold to mitigate the specific environmental risk against the land’s inherent scarcity.