80A-80B Prospect RoadProspect SA 5082
Property Details for 80a-80b Prospect Rd, Prospect
Last Listing description (August 2017)
*** EXPRESSIONS OF INTEREST CLOSE FRI 11th AUGUST 2017 ***
Please also refer to 78 - 78b Prospect Road, Prospect (also listed on realcommercial.com.au).
Situated a mere 4.5km* from the City within one of Adelaide s most progressive & sought-after city-fringe corridors, this is an outstanding opportunity suiting astute investors & developers alike. Offered independently but simultaneously with 78 - 78b Prospect Road, Prospect, this is a genuine once in a lifetime opportunity to secure two contiguous titles boasting a potential total combined area of some 1,876sqm* & serious potential (s.t.c.c.).
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.
*approximately
Property History for 80a-80b Prospect Rd, Prospect, SA 5082
- 05 Feb 2018Sold for $1,550,000
- 16 Feb 2017Listed for Sale Not Disclosed
- 24 Apr 2007Transferred
Recent sales nearby
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About Prospect 5082
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 7,127 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:
- The median value for Houses in Prospect is $1,543,606 while the median value for Units is $645,222.
- Houses have a median rent of $650 while Units have a median rent of $575.
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