236 Prospect Road

Prospect SA 5082

The existing 1947-built solid brick home is full of timeless character, decently maintained and currently tenanted at $550 per week until August 2025, it provides an immediate income stream or the option to move in, lease out longer term, or land-bank for future development.

Property Highlights
Generous 636m approx. allotment with 14.6m approx. frontage, zoned Urban Corridor (Living)
Concept plan for 8 studio apartments (Subject to Council Consent)
Concept plan for 4 three-level townhouses (Subject to Council Consent)
Solid, well-presented 1947 residence featuring:

3 spacious bedrooms

2 bathrooms

Single car space

Approx. 158m of living space

Vibrant location just steps from Prospect Road's caf, dining, and retail strip
Excellent connectivity to the Adelaide CBD via public transport and major arterial roads
Close to quality schools, including Adelaide High School and Adelaide Botanic High School, as well as parks and local amenities.
Currently tenanted at $550 per week with secure lease until 15 September 2025

Why You'll Love It!!

236 Prospect Road represents a truly blue-chip landholding in one of Adelaide's most desirable city-fringe neighbourhoods. Offering exceptional development flexibility, strong local demand for premium medium-density living, and a sought-after location with everything at your doorstep, this property is the ideal opportunity for builders, developers, and savvy investors seeking their next standout project.

Opportunities of this calibre are exceptionally rare. Don't miss your chance to secure it.

Contact JC Real Estate SA today to arrange an inspection or discuss the exciting development options for this outstanding site.

Disclaimer:
Every care has been taken to verify the accuracy of the details provided in this listing. However, no warranty is given, and interested parties are encouraged to conduct their own independent research. We accept no responsibility for any inaccuracies or omissions, including but not limited to property dimensions, floor plans, land size, condition, or age. All photographs, maps, and illustrations are for illustrative purposes only and may not represent the property precisely. Buyers should seek their own legal and professional advice before making any decisions.