81 Prospect Road, Prospect, SA 5082 | Property Value & History | OnTheHouse
OFF MARKET

81 Prospect Road
Prospect SA 5082

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 125m2
Land area: 1763m2
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Property Details for 81 Prospect Rd, Prospect

Building Type
Commercial
Floor Size
125m2
Land Size
1763m2
Local Government
Prospect
Lot/Plan
A18/D2586

Last Listing description (November 2020)

81 Prospect Road, Prospect is prominently situated on the corner of Prospect Road and Labrina Avenue with excellent and convenient access. Comprising both retail and office tenancies, the center has recently undergone a complete refurbishment including the installation of natural anodized aluminium shop fronts, the external columns tiled with a 600mm x 300mm porcelain glazed (Charcoal colored) tile, all internal walls and ceilings lined with plasterboard and painted paper white, appropriate floorings installed, new kitchenette, unisex / disabled toilet and recessed T5 lighting throughout, serviced by reverse cycle split air conditioners.

The available retail shop is currently utilised as an established beauty salon and there is the opportunity to purchase the existing infrastructure / business as the current owner is leaving to start up a family. Other retail and office uses will also be considered.

The shop benefits from an abundance of natural light, floating floor, quality fixtures and a valuable mezzanine level.

Tenants will enjoy high exposure signage on the front pylon and on the parapet wall above the subject shop. Join other reputable businesses including Cocolat, RockTanHair, Healthy Inspirations and SaladMaster.

Capitalise on the multi-million cinema complex redevelopment directly across the road scheduled to start soon.

Property History for 81 Prospect Rd, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
$900,000
01 Mar 2007
Listed for Rent
05 Feb 2017
  • 27 Jul 2015
    Listed for Rent $25,000 / year
  • 17 Jan 2015
    Listed for Rent - Price not available
  • 01 Jul 2010
    Listed for Rent - Price not available
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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 7,120 properties. Over the last 5 years, Houses in Prospect have seen a 95.15% increase in median value, while Units have seen a 80.18% increase. As at 31 December 2025:

  • The median value for Houses in Prospect is $1,539,077 while the median value for Units is $645,147.
  • Houses have a median rent of $650 while Units have a median rent of $575.
There are currently 16 properties listed for sale, and 19 properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 414 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 5082

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Cotality Copyright and Legal Disclaimers about Property Data
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.