1 Argyle StreetProspect SA 5082
Property Details for 1 Argyle St, Prospect
1 Argyle St, Prospect is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1958. The property has a land size of 435m2.
Last Listing description (August 2024)
A rare opportunity is on offer to secure three properties on One Title!
Situated on 435sqm (approximately) of prime Prospect land these 3 one-bedroom ground floor units are located a short walk to Prospect Road amenities and offer a fantastic addition to your investment portfolio. With 2 units currently rented with long term tenants under a periodic agreement and the third unit having the option to add value prior to renting out, this is a great opportunity not to be missed.
This is an attractive investment opportunity due to the area's growing popularity and strong rental demand, making this an enticing prospect for astute buyers seeking solid returns and future growth potential. The potential is endless! Options include renovating all 3 units to increase overall rental yield, knock down and rebuild your dream home or strata title off and individually resell or hold for long term growth. The choice is yours!
Features of unit 1:
- Currently half way through a renovation
- Bedroom/living of good size
- Kitchen and meals area with gas cook top and oven
- Bathroom with laundry facilities
- Car park for 1 car
- Unit 1 is vacant
Features of unit 2:
- Bedroom of good size
- Living room
- Split system air conditioning in living room
- Bathroom with laundry facilities
- Kitchen and meals area with gas cook top and oven
- Carpark for 1 car
- Unit 2 is currently tenanted on a periodic lease
Features of unit 3:
- Bedroom of good size
- Living room
- Bathroom with laundry facilities
- Kitchen and meals area with gas cook top and oven
- Car park for 1 car
- Unit 3 is currently tenanted on a periodic lease
Disclaimer: Please be aware this property has a HIA (Housing Industry Association) order. Further information can be obtained in the Form 1 Statement upon request.
Located only a short drive to multiple shopping precincts including Prospect Road, Churchill Centre and Northpark Shopping Centre. Positioned in a central location, you can be in North Adelaide within 5kms (approximately) and the City within 8kms (approximately). Public transport options are a short commute towards Main North Road, with plenty of parks and reserves close by to fulfil all sporting, exercising and recreational purposes.
All information contained herewith, including but not limited to the general property description, price and the address, is provided to Boffo Real Estate by third parties. We have obtained this information from sources we believe to be reliable; however, we have not verified and do not guarantee its accuracy. The information contained should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
RLA 313174
Property History for 1 Argyle St, Prospect, SA 5082
- 13 Aug 2024Listed for Sale Contact Agent
Recent sales nearby
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About Prospect 5082
The size of Prospect is approximately 5.0 square kilometres. There are 18 parks, covering nearly 3.1% of the 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 7,162 properties. Over the last 5 years, Houses in Prospect have seen a 80.54% increase in median value, while Units have seen a 90.69% increase. As at 30 June 2026:
- The median value for Houses in Prospect is $1,560,307 while the median value for Units is $698,747.
- Houses have a median rent of $660 while Units have a median rent of $580.
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