Lot 23 Halfway House Road, Sedan SA 5353

1900 build | 4-bed on 2,022m² lot | bushfire overlay | fixed wireless NBN | Mid Murray council This property presents a rare low-density proposition for a buyer seeking space over finish. Its 6% building coverage on a half-acre lot in a residential zone is its core competitive strength, offering significant expansion potential subject to overlay constraints. The four-bedroom configuration and dual car accommodation suit a large family or a buyer intending to add value through subdivision or outbuildings, capitalising on the scarcity of large parcels in the area. It serves a buyer comfortable with a century-old house as a land bank with immediate utility. The primary risk mechanism is the bushfire overlay, which will impose specific construction costs and may complicate insurance. The absence of recent comparable sales data in the provided results necessitates a bespoke valuation to anchor your offer against the listed range. Given the estimated rental yield, this property can service a hold position while planning future development. Acquire only with a contingent pest and building inspection and a clear land-use report, treating it as a strategic land acquisition with an existing dwelling.