115 Prospect RoadProspect SA 5082
Property Details for 115 Prospect Rd, Prospect
Last Listing description (April 2020)
WE ARE OPEN FOR BUSINESS.
BRUSE ARE SELLING WITH DIGITAL TECHNOLOGY.
PLEASE CALL US FOR A VIEWING APPOINTMENT FOR THIS HOME. DUE TO GOVERNMENT REGULATION WE ARE CONDUCTING PRIVATE VIEWINGS FOR ONE BUYER GROUP AT A TIME.
A prime development site with a long term leased current tenant or an investment property for many years to come with development potential in the future.
Surrounded by other developments this is a rare find and certainly will be eagerly sought after by buyers due to the point that it offers an excellent return at this point in time or a property for development in the near future.
The property has had a tenant in there for many years who has a further lease on the property and so it is ideal as an investment. Leased for $44,483.28 per annum plus GST and plus outgoings until 15/09/21 right of renewal for further 5 years. Currently used as a surgery for Adelaide Foot and Ankle and Prospect Podiatry. Excellent car park to the rear. Generous amount of rooms. 6 rooms plus kitchen and verandah areas.
Inspection highly recommended strictly by appointment with Bevan Bruse 0419 809 852.
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Property History for 115 Prospect Rd, Prospect, SA 5082
- 26 May 2020Sold for $1,400,000
- 05 Mar 2020Listed for Sale $1,700,000 - $1,800,000
- 02 Nov 2015Listed for Rent $280 / week
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About Prospect 5082
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 7,119 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:
- The median value for Houses in Prospect is $1,539,077 while the median value for Units is $645,147.
- Houses have a median rent of $650 while Units have a median rent of $575.
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