Vacant Possession for retail/showroom with leased premises.
Fantastic exposure and an outstanding opportunity to maximise huge returns. On offer, freestanding, Torrens Title retail/showroom over two levels which will be sold with vacant possession plus a rear residence with separate entrance currently leased out to students with a combined income of $40,000/per annum.
Situated next to the Northpark Shopping Centre and opposite Sefton Plaza with passing traffic of over 55,000 vehicles daily. Suited for a broad range of uses including pharmacy, consulting rooms, fish & chipper, takeaway shop or similar.
Huge potential to maximise your return on investment with mixed tenancies.
Please do not hesitate to contact me to discuss this outstanding opportunity in further detail.
Zoned District Centre to the city of Prospect
Built 1950
424m2 approx. Building Area
417m2 approx. Site Area
The outgoings are as follows:-
Council rates $4475.39 pa approx.
SA Water $720.79 pq approx.
Insurance $2454 pa approx.
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. Interested parties should make their own enquiries.
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 7,129 properties. Over the last 5 years, Houses in Prospect have seen a 95.85% increase in median value, while Units have seen a 75.37% increase. As at 31 January 2026:
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