80A-80B Prospect Road

Prospect SA 5082

Prospect Road & in particular the section bounded by Fitzroy Terrace & Regency Road has rapidly evolved as one of Adelaide s most vibrant city-fringe corridors & features a busy & cosmopolitan mix of retail, office, medical, service related, casual & formal dining, & residential type applications. Recent revisions to Prospect s Development Plan now allow for multi-storey developments which have seen the pending construction & completion of several apartment complexes, paving the way for sought-after medium to high density living within a stones-throw from North Adelaide & the City.
Prospect s transformation looks set to continue with businesses & developments continuing to rapidly take shape including the newly completed & nearby Churchill Centre (featuring Costco, Kmart, Coles, & Aldi amongst others) & the recent arrival of the Palace Nova Cinema complex (currently under construction & located approximately 120m* from the subject property). Consider also the due-diligence performed by many of the large brands & businesses named above, & it quickly becomes apparent this is a location worthy of serious consideration.
The City of Prospect has shown itself to be very progressive in its thinking by initiating numerous community & cultural events which have served to heighten people s interest in the area, & in general seem very supportive of the continued success & vitality of this section of Prospect Road.
Keys highlights of this fantastic opportunity include:
Easement-free allotment of 936sqm*
Combined potential site of up to 1,876sqm* (SEE 78 - 78b Prospect Road, Prospect also listed on realcommercial.com.au)
18m* street frontage
Combined potential street frontage of up to 36m* (SEE 78 - 78b Prospect Road, Prospect also listed on realcommercial.com.au)
Improvements comprise of 2 separate leased tenancies in main building
Attractive passing income
Situated amongst & nearby other notable businesses & brands
Exposure to some 18,000* passing vehicles daily (source: DPTI)
Zoned: Urban Corridor High Street Policy Area (further details can be obtained from page 162 of the City of Prospect Development Plan)
Complying or suggested applications as per the City of Prospect Development Plan (Urban Corridor High Street Policy Area) include:
- Retail
- Office
- Commercial
- Community
- Civic
- Medium and high density residential development
Forming one part of two contiguous properties situated in the most sought-after section of Prospect Road, this is one of the largest (combined) opportunities to become available in recent times & accordingly we encourage your prompt inquiry to avoid disappointment.
Prospective Purchasers are encouraged to undertake their own independent inquiries with respect to any financial matters including GST & the suitability of the opportunity.
Please email or call 08 8344 1000 for further inquiries.

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