Auction Saturday 18 July, 11am, On-Site - Unless Sold Prior
Situated in one of Prospects rapidly evolving precincts, this exceptional offering occupies an approximately 725m2 allotment and presents an outstanding opportunity to capitalize on its highly sought-after Urban Corridor (Boulevard) zoning.
With a generous frontage of 15.54m x 46.63m depth and Torrens Titled, the property offers exciting scope for redevelopment (Subject to Planning Consent). The Urban Corridor (Boulevard) Zone is designed to support higher-density living and encourages a range of residential and mixed-use outcomes, including townhouses, apartments and multi-dwelling developments, making this an exceptional landholding with significant future potential.
Whether you are an experienced developer, astute investor or buyer looking to secure a strategic city-fringe site, the possibilities here are substantial.
The existing home is neat, well maintained and currently leased until November 2026, providing a secure rental income while future plans are considered. Inside, the residence offers two generously proportioned bedrooms, a functional kitchen, separate dining room, spacious living area and an updated bathroom, making it an ideal holding property.
Outside, the home continues to impress with an undercover entertaining area, secure undercover parking and an expansive rear yard, offering ample space and flexibility.
Perfectly positioned just moments from the vibrant Prospect Road cafes and restaurant precinct, the home also enjoys easy access to Northpark Shopping Centre, Sefton Plaza and Churchill Centre for everyday convenience. Families will appreciate the proximity to quality public and private schools, while excellent public transport options and major arterial roads, including Main North Road and Regency Road, provide effortless connectivity to North Adelaide, the Adelaide CBD and beyond. With parks, reserves and a host of local amenities all within easy reach, the lifestyle on offer is every bit as appealing as the development potential.
Large Urban Corridor (Boulevard) allotments in Prospect are becoming increasingly difficult to secure. Combining immediate rental income with exceptional redevelopment potential in one of Adelaides most tightly held city-fringe suburbs, this is an opportunity not to be missed.
Certificate of Title and Form Ones available upon request
Home Built: 1958
Torrens Titled
Allotment Size: 725m2
Frontage: 15.54m
Depth: 46.63m
Title: Volume 5743 Folio 355
Zoning: Urban Corridor (Boulevard)
Council: Prospect
Disclaimer:
Every care has been taken to verify the accuracy of the information contained in this advertisement. However, neither the agent nor the vendor accepts any liability for any errors or omissions. All information provided is considered accurate at the time of publishing and is subject to change without notice. Interested parties are advised to conduct their own due diligence, including but not limited to measurements, zoning, and planning consents. Any reference to square meter measurements, boundaries, or land size is approximate and should be independently verified. RLA 287 134.
