272 Main North Road, Prospect, SA 5082 sold on 17 September 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 17 Sep 2026 for $2,200,000

272 Main North Road
Prospect SA 5082

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 952m2
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Property Details for 272 Main North Rd, Prospect

Building Type
Commercial
Year Built
1955
Land Size
952m2
Local Government
Prospect
Lot/Plan
A15/F109980

Last Listing description (September 2026)

Established leased, high profile commercial opportunity. Current use, Church and place of worship. A new three - year lease has just been entered ending 2029 with 3% rental increases P/A. Current net rent $81,960.00 P/A plus outgoings.
HIGH PROFILE BUILDING WITH FURTHER OPPORTUNITY! ADJACENT NORTHPARK SHOPPING CENTRE. Approximately 49,000 vehicles passing daily + high volume walking trade.
Open plan retail - floor, function room, approximately. 741 m2. (internal measurement of 17.5m x 42m).

Reception x 1
Offices x 3
Toilets - male and female.
Additional - offices x 2, training rooms. Plus, undercover vehicle parking x 2 via rear access with roller door entry.
Land area 952 square metres offering excellent rear carparking for both occupiers and customers.
Main North Road is a major gateway into the CBD. The rear access is via Grassmere Road Prospect.
This tightly held commercial precinct is an excellent long-term investment, ideal for self-managed superannuation funds, astute investors or perhaps owner occupiers.

The property is offered for sale by public auction on site the 16th of September 2026 at 11am - 10.30am for bidders' registrations.
Terms and conditions for the auction will be available three business prior to the auction date and a further thirty minutes the day of auction.
Sale deposit will be paid on the day of auction via EFT to the agency trust account.

Property History for 272 Main North Rd, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
$2,200,000
17 Sep 2026
  • 17 Sep 2026
    Sold for $2,200,000
  • 17 Aug 2026
    Listed for Sale SOLD
  • 16 Aug 2012
    Sold for $1,100,000
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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 7,164 properties. Over the last 5 years, Houses in Prospect have seen a 62.26% increase in median value, while Units have seen a 83.91% increase. As at 31 August 2026:

  • The median value for Houses in Prospect is $1,505,351 while the median value for Units is $678,938.
  • Houses have a median rent of $680 while Units have a median rent of $580.
There are currently 21 properties listed for sale, and 17 properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 264 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 5082

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.