FOR SALE
$360,000

1/129 Churchill Road
Prospect SA 5082

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 39m2
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Invest in the Heart of Prospect **Open Inspection Time: 16th Nov 2024 Saturday 11:00 AM-11:30 AM**

**Open Inspection Time: 16th Nov 2024 Saturday 11:00 AM-11:30 AM**
Conveniently located and fully equipped modern office/retail/consultancy on one of Adelaide's busiest Roads which is located minutes from North Adelaide and Prospect Shopping Hubs, with separate air conditioning systems and one secure parking.
Located on ground level below the Wisteria Apartments and ideally positioned across the road from The recently updated Charles Cane Reserve with additional playground and landscaping. This popular café is the ideal investment, with commercial rates the lowest they have ever been. Secure this exceptional retail investment leased to the "NEIGHBOURHOOD-ESPRESSO BAR" Cafe located in the trendy suburb of Prospect.
Key Features:
- 56m2 site area*
- 30.5m2 Building Area*
- Situated on a high-exposure Road
- Expansive signage opportunity
- Rear undercover carpark and storage shed
- Located less than 5 km* north of the Adelaide CBD
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Property Details for 1/129 Churchill Rd, Prospect

Building Type
Commercial
Floor Size
39m2

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About Prospect 5082

The size of Prospect is approximately 5 square kilometres. It has 18 parks covering nearly 3.1% of total area. The population of Prospect in 2011 was 13,008 people. By 2016 the population was 13,288 showing a population growth of 2.2% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation. In 2011, 65.4% of the homes in Prospect were owner-occupied compared with 65.1% in 2016.

Prospect has 6,901 properties. Over the last 5 years, Houses in Prospect have seen a 99.27% increase in median value, while Units have seen a 64.37% increase. As at 31 October 2024:

  • The median value for Houses in Prospect is $1,345,666 while the median value for Units is $560,249.
  • Houses have a median rent of $620 while Units have a median rent of $520.
There are currently 36 properties listed for sale, and 17 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 5082

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Victoria Wang
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Jacky Wang
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AC Connection Real Estate
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.