**Open Inspection Time: Contact Agent by Private Appointment**
Conveniently located and fully equipped modern office/retail/consultancy on one of Adelaide's busiest Roads which is located minutes from North Adelaide and Prospect Shopping Hubs, with separate air conditioning systems and one secure parking.
Located on ground level below the Wisteria Apartments and ideally positioned across the road from The recently updated Charles Cane Reserve with additional playground and landscaping. This popular caf is the ideal investment, with commercial rates the lowest they have ever been. Secure this exceptional retail investment leased to the "NEIGHBOURHOOD-ESPRESSO BAR" Cafe located in the trendy suburb of Prospect.
Key Features:
- 56m2 site area*
- 30.5m2 Building Area*
- Situated on a high-exposure Road
- Expansive signage opportunity
- Rear undercover carpark and storage shed
- Located less than 5 km* north of the Adelaide CBD
- Zoned Urban CorridorBoulevard
Other features:
* Tenant: NEIGHBOURHOOD-ESPRESSO BAR
* Lease term: 2 years (commenced 1ST MAY 2024)
* Rental: $30,000 (GST exclusive) per annum payable mouthly- outgoing included
Prospect has seen significant development of both commercial and residential in the past five years ensuring hospitality tenants continue to thrive.
For further details or to arrange an inspection of 1 / 129 Churchill Road, Prospect SA 5082 contact Victoria 0451 865 199.
RLA: 272 867
*Please note that all the information provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition or any other particulars. Interested parties should always make their own inquiries and obtain their own legal advice.
The size of Prospect is approximately 5.0 square kilometres. It has 18 parks covering nearly 3.1% of total area. The population of Prospect in 2016 was 13280 people. By 2021 the population was 14584 showing a population growth of 9.8% 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 2021, 62.80% of the homes in Prospect were owner-occupied compared with 65.10% in 2016.
Prospect has 7,122 properties. Over the last 5 years, Houses in Prospect have seen a 95.15% increase in median value, while Units have seen a 80.18% increase. As at 31 December 2025:
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