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Along those lines sounds pretty good. Good luck with it too. It would be interesting to know if there are any responses after you do a letter drop. You've got me wondering what suburb it might be.

Personalised letter like everyone has basically said. Make it clear you are not an agent and not soliciting for property. A few lines about yourself i.e., that you would like to live in the street, or the suburb etc., and your details and a timeframe for the purchase.