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159 Churchill Road

Prospect SA 5082

3
1
2
629.56 m²
House
Currently for sale - view listing

Overview

Prime Prospect Development Opportunity – Approved for 4 Dwellings

Positioned in one of Adelaide's most sought-after inner northern suburbs, 159 Churchill Road, Prospect presents an exceptional opportunity for developers, investors, and owner-occupiers alike. Set on an approximately 629sqm allotment, this outstanding property boasts an impressive 18.3-metre frontage, making it approximately 3 metres wider than many other properties along Churchill Road. This generous frontage provides greater design flexibility, enhanced street appeal, and increased development potential. The existing solid 1950s character home offers immediate versatility and can be comfortably lived in or leased to generate rental income while future plans are considered. Its prime location close to the city also makes it highly attractive to families and tenants seeking convenience and lifestyle. Alternatively, take advantage of the significant work already completed and proceed with the approved development. The hard work has already been done for you, with Council approval in place for a Community Title development comprising two-storey residential flat buildings with four dwellings. This approved concept provides a rare opportunity to fast-track your next project in a location where demand for quality housing continues to grow. Located within an established urban corridor that has experienced substantial investment and redevelopment in recent years, Churchill Road continues to attract developers, investors, and owner-occupiers seeking proximity to the Adelaide CBD, excellent transport links, shopping, and lifestyle amenities. The location is second to none: * Approximately 6km from the Adelaide CBD * Minutes to vibrant Prospect Road cafés, restaurants, and boutique shopping * Close to Northpark Shopping Centre and major retail precincts * Easy access to public transport along Churchill Road and nearby major arterial roads * Surrounded by quality schools including Prospect Primary School, Prospect * North Primary School, Blackfriars Priory School, Prescott College, and within the Adelaide High School catchment. Healthcare and essential services are also within easy reach, with major medical facilities including the Royal Adelaide Hospital, Calvary North Adelaide Hospital, Women's and Children's Hospital, and Lyell McEwin Hospital all conveniently accessible. Whether you're looking to develop immediately, landbank for the future, retain the existing home as an investment, or explore alternative development opportunities (subject to the necessary consents), this is a rare chance to secure a premium Prospect address with approved plans already in place. Opportunities of this calibre are becoming increasingly rare in Prospect. Secure your position in one of Adelaide's premier growth suburbs today. Disclaimer: As much as we have aimed to ensure all details contained within this advertisement are true and correct, purchasers are responsible for conducting their own due diligence and making all necessary investigations before purchasing the property. RLA 336109

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
629.56 m² lot size
House

Happy sellers in Prospect

88%
88% of sellers in Prospect reported that their sale price either exceeded or met their price expectations.

Prospect stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Prospect over the last 12 months.

Local market activity for 3 bedroom houses in Prospect

In the last 12 months, 64 three-bedroom houses similar to 159 Churchill Road, have been sold.

This represents a 40% increase in three-bedroom houses sales when compared to the previous 12 months.

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