9 Dawson Drive, Modbury SA 5092

1965 brick home on ~744m² | flood overlay flagged | pool + sheds + dual garaging | Modbury High catchment This property is best suited to buyers seeking a large, well-located block with immediate liveability and medium-term redevelopment optionality. The 741–747m² allotment in a Housing Diversity Neighbourhood Zone is the primary value driver, offering subdivision or rebuild potential subject to council approval. The existing solid brick home, with multiple living areas, pool, and substantial shedding, provides comfortable interim accommodation. For a buyer with patience and a longer horizon, this configuration is competitively rare in Modbury. The confirmed flood overlay is the material risk and must be investigated thoroughly before any offer, as it may affect insurance costs, renovation scope, and future redevelopment yields. The property also carries bushfire and heritage overlays per recent planning data, which could constrain design or approval pathways. Offsetting these risks, the FTTP NBN and 5G connectivity support modern living, and the O-Bahn proximity ensures strong rental demand if holding. This is not a passive purchase it demands due diligence but rewards informed buyers.