OFF MARKET

5-9 Prospect Place
Adelaide SA 5000

Bedrooms: 11
Bathrooms: 1
Car spaces: 1
Floor area: 186m2
Land area: 193m2
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Last updated 14 Oct 2024
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Property Details for 5-9 Prospect Pl, Adelaide

5-9 Prospect Pl, Adelaide is a 11 bedroom, 1 bathroom House with 1 parking spaces and was built in 1880. The property has a land size of 193m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in May 2003.

Building Type
House
Year Built
1880
Floor Size
186m2
Land Size
193m2
Local Government
Adelaide
Lot/Plan
A1/F149491

Last Listing description (March 2022)

Meier Paul team is proud to present this fantastic development opportunity.

The property is superbly located walking distance to everything you could possibly need! The free City tram service and other public transport services, Royal Adelaide Hospital, SAHMRI (South Australian Health and Medical Research Institute), University precinct and close to Adelaide Convention Centre, Riverbank and Art Precincts, Casino, New Women and Children Hospital, Chinatown, Adelaide Central Market, Victoria Square and Rundle Mall Shopping Precinct. You are within walking distance to good public and private schools, cages, restaurants and Adelaide Oval.

The property is local heritage listed and zoned Capital City with a prescribed height limit of 43m and is well-located to suit mix use including residential and commercial development (STCC).

KEY PROPERTY FEATURES:
- Mixed-use residential and commercial development potential
- Corner site of 191m2
- Currently Tenanted with a periodic lease
- 5 bedrooms & multiple kitchens
- Water rates: $485 per quarter approx.
- Council rates: $1,780 per annum approx.
- Walking distance to transport, Royal Adelaide Hospital, major shopping districts, cafes, restaurants and University of Adelaide & South Australia.

Take advantage of this great opportunity. To find out more information, or to arrange an inspection, please contact Get Sen Ngo on 0418 828 168 or Suzanna Paul on 0433 815 582.

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Property History for 5-9 Prospect Pl, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$350,000
08 May 2003
  • 27 May 2021
    Listed for Sale Contact Agent
  • 08 Apr 2016
    Listed for Sale $850,000 to $900,000
  • 08 May 2003
    Sold for $350,000
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,716 properties. Over the last 5 years, Houses in Adelaide have seen a 55.29% increase in median value, while Units have seen a 24.26% increase. As at 30 September 2024:

  • The median value for Houses in Adelaide is $1,117,950 while the median value for Units is $513,770.
  • Houses have a median rent of $615 while Units have a median rent of $570.
There are currently 175 properties listed for sale, and 80 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1062 properties were sold in the past 12 months in Adelaide.

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