Ray White's leading Commercial Agent Matt Lazarus & Mannas Chan are pleased to present to market for sale this tastefully renovated office on a substantial parcel land in the prime suburb of Prospect.
Property Features
Substantial site area of 822 square metres*
Contact Agents for more information
Matt Lazarus 0430 745 100
Mannas Chan 0451 858 389
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Norwood RLA 278530
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
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 7,144 properties. Over the last 5 years, Houses in Prospect have seen a 92.15% increase in median value, while Units have seen a 81.96% increase. As at 31 March 2026:
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