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Sold on 01 Aug 2024 - Price Unavailable

96-98 Main North Road
Prospect SA 5082

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1122m2
Land area: 1692m2
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Property Details for 96-98 Main North Rd, Prospect

Building Type
Commercial
Year Built
1988
Floor Size
1122m2
Land Size
1692m2
Local Government
Prospect
Lot/Plan
A77/D696

Last Listing description (October 2024)

RWC Adelaide in conjunction with Burgess Rawson are pleased to offer to the market 96-98 Main North Road, Prospect SA for sale via Private Sale.

Short term lease to April 2026
Opportunity to negotiate 'vacant possession' with Lessee (Maverick Campers) having now relocated to larger premises

Suits owner occupiers and/or entrepreneurial investors
Lessee continues to pay rent and usual outgoings (exc land tax) as per lease
Modern 1,085sqm showroom with recent upgrades including new shop front and air conditioning
1,750sqm freehold landholding with 35 metre highway frontage and 15 car spaces on title
Prime position in large format retail and automotive precinct amongst new ALDI supermarket (2023), Officeworks, 99 Bikes, Nissan, and Renault
Stamp Duty Free Investment
Current Income: $210,000pa*

For Sale by Private Sale.

For further information please contact the agents directly.

Property History for 96-98 Main North Rd, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
01 Aug 2024
Listed for Rent
$204k/w
21 Nov 2023
  • 01 Aug 2024
    Sold
  • 19 Jun 2024
    Listed for Sale Contact listing agent
  • 06 May 2022
    Sold for $4,100,000
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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 6,922 properties. Over the last 5 years, Houses in Prospect have seen a 77.56% increase in median value, while Units have seen a 57.69% increase. As at 31 August 2024:

  • The median value for Houses in Prospect is $1,228,988 while the median value for Units is $531,012.
  • Houses have a median rent of $620 while Units have a median rent of $500.
There are currently 26 properties listed for sale, and 14 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Prospect.

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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.