FOR SALE
UNDER CONTRACT

10 Main North Road
Thorngate SA 5082

Bedrooms: 3
Bathrooms: 2
Car spaces: 7
Floor area: 223m2
Land area: 1006m2
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ATTENTION DEVELOPERS - SKY'S THE LIMIT 1006m2 approx land - UNDER CONTRACT

Nestled just moments away from the heart of Adelaide's CBD, a truly exceptional property awaits at 10 Main North Road, Thorngate. This distinguished 1920s Stone Front Executive Gentlemans Bungalow presents an unparalleled prospect for astute developers, home-based businesses, and discerning professionals.
Boasting an impressive 19.05 meters of road frontage and an expansive 1006 sqm block, this property stands as a symbol of rare and exclusive potential. Beyond the double front gates, a sprawling rear parking area, complemented by an additional undercover carport, welcomes visitors. The property's façade is adorned by a charming veranda, leading to a capacious reception area through a stately wooden and glass door.
Within the confines of this unique estate, three generously appointed bedrooms and two bathrooms exude timeless elegance. The property features four fireplaces, two of which remain functional. A sunroom extends to the rear, opening up to a covered entertaining area that overlooks the vast backyard.
This property, strategically rezoned as the 'Urban Corridor Zone' by the forward-thinking Prospect City Council, grants developers the rare opportunity to create a high-density residential haven with a commercial facet, pending council approval.
Previously utilized as a home office, with a history of thriving business, the property has been meticulously rewired, preserving all the essential office infrastructure for seamless business operations. Versatility defines this offering, suitable for a home occupier, home-based office, or professional office. Recent roof and gutter replacements underscore the commitment to modern convenience.
Surrounded by five neighboring residential properties, this one-of-a-kind development opportunity enjoys a prime location with easy access to public transport (bus stop meters away, offering a direct route to Adelaide CBD) and the vibrant shopping and dining hubs of O'Connell Street, North Adelaide, and Prospect Road.
Prospective owners will find added value in the proximity to recreational facilities, including a nearby aquatic center, cinema complex, dog park, picnic areas, and expansive parklands.
Seize this remarkable opportunity by expressing your interest in this meticulously maintained property. For comprehensive details on development policies, kindly refer to the Transit Living Policy Area, accessible on the Prospect City Council website. Elevate your investment portfolio with this rare and exclusive gem in the heart of Thorngate.

Property Details for 10 Main North Rd, Thorngate

10 Main North Rd, Thorngate is a 3 bedroom, 2 bathroom House with 7 parking spaces. The property has a land size of 1006m2 and floor size of 223m2. The place is currently for sale with Refined Real Estate.

Building Type
House
Floor Size
223m2
Land Size
1006m2

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About Thorngate 5082

The size of Thorngate is approximately 0.1 square kilometres. The population of Thorngate in 2011 was 13,008 people. By 2016 the population was 195 showing a population decline of 98.5% in the area during that time. The predominant age group in Thorngate is 50-59 years. Households in Thorngate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thorngate work in a professional occupation. In 2011, 65.4% of the homes in Thorngate were owner-occupied compared with 90.2% in 2016..

Thorngate has 74 properties. Over the last 5 years, Houses in Thorngate have seen a 75.08% increase in median value. As at 31 August 2024:

  • The median value for Houses in Thorngate is $1,945,550 while the median value for Units is $765,685.
There are currently 3 properties listed for sale, and no properties listed for rent in Thorngate on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Thorngate.

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