SOLD
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Sold on 01 May 2024 - Price Unavailable

54 Prospect Road
Prospect SA 5082

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 182m2
Land area: 764m2
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Property Details for 54 Prospect Rd, Prospect

Building Type
Commercial
Floor Size
182m2
Land Size
764m2
Local Government
Prospect
Lot/Plan
A73/F109438

Last Listing description (May 2024)

Expression of Interest Closing 4pm Monday 29th April 2024 (USB)
Raine and Horne Commercial SA are delighted to present 54 Prospect Road Prospect to the market for sale.

Located in a premier location in Adelaide's inner north, meters from the parklands on a prime allotment of approx. 764m2* this property offers exceptional accommodation, impressive character, ample parking and beautiful presentation.

The property will be offered by vacant possession at settlement and is an excellent opportunity to secure prime real estate in a tightly held precinct with the following key features:

• Open reception
• Expansive open plan office - perfect for workstations
• Good fitout and amenities
• Mixture of open and partitioned offices and cellar
• Suitable for office, medical, hospitality (stcc)
• Ducted Reverse Cycle AC
• Security System
• Ample car parking
• Exposure to over 17000 vehicles daily**
• Urban Corridor (Living) Zone

The property is perfectly located in Adelaide's inner northen suburbs and is circa 4 kms to GPO.
* All areas/dimensions approximate
** SA Govt Transport Volume Survey

Property History for 54 Prospect Rd, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
01 May 2024
Listed for Rent
17 Jul 2019
  • 01 May 2024
    Sold
  • 28 Mar 2024
    Listed for Sale Price on Application
  • 14 Dec 2018
    Listed for Rent $45,000 / year
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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 6,923 properties. Over the last 5 years, Houses in Prospect have seen a 95.42% increase in median value, while Units have seen a 52.53% increase. As at 30 September 2024:

  • The median value for Houses in Prospect is $1,315,867 while the median value for Units is $520,618.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 27 properties listed for sale, and 13 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 5082

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Contact agent
David Ente
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Daniel Romeo
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Raine & Horne Commercial SA
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Disclaimer
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.