10 Main North Road, Thorngate, SA 5082 | Property Value & History | OnTheHouse
FOR SALE

10 Main North Road
Thorngate SA 5082

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
This property is currently on the market
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Property Details for 10 Main North Rd, Thorngate

Building Type
Land
Year Built
1925
Local Government
Prospect
Lot/Plan
A961/D74070

Last Listing description (December 2025)

ATTENTION DEVELOPERS Strategic Urban Corridor Site - 4 Storey Mixed-Use Potential, at an unbeatable value!!

A high-exposure development site offering over 1,000 m(approx.) of prime inner-metropolitan land, strategically positioned within Adelaide's Urban Corridor (Business) Retail Subzone. This site presents a rare opportunity for developers and builders seeking mixed-use potential, combining high-density residential with commercial frontage (STCC).
Key Investment Highlights:
Zoned Urban Corridor (Business) Supports up to 4 storeys (15 m)

1,006 m land parcel with 19.05 m frontage (approx.)
Strong development precedent in surrounding areas
Ideal for boutique apartments, dual-key configurations, or mixed-use projects
High-exposure location along Main North Road, near Adelaide CBD, North Adelaide & Prospect
Walkability to transport, retail, and lifestyle amenities
Market-aligned feasibility suggests competitive return potential for development
Strategic Development Potential:
This site is perfectly positioned for a mixed-use project, catering to both residential buyers and commercial tenants. Its frontage along Main North Road ensures strong visibility, while its proximity to key infrastructure supports high buyer demand.
Financial & Market Viability:
Projected ROI aligns with market trends for boutique apartment developments
High demand for mid-size residential product in Adelaide's inner north
Dual-tenancy configurations allow for yield enhancement or flexible leasing
Balanced unit mix supports diversified buyer segmentation
Additional Advantages for Developers & Investors:
No DA lodged Full flexibility for incoming developers to tailor the project.
Strong resale velocity Market demand supports pre-sale and staged rollout strategies.
Infrastructure & transport access Positioned along a major arterial route with direct CBD connectivity.
Premium postcode appeal Located in the sought-after 5082 district, ensuring long-term value retention.
Next Steps:
For further details on zoning, approvals, and feasibility, contact us today to discuss how this high-growth development opportunity aligns with your investment portfolio.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Refined Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 217949

Property History for 10 Main North Rd, Thorngate, SA 5082

A timeline of how this property has performed in the market
Last Transferred
17 Nov 2010
  • 05 Jun 2025
    Listed for Sale Range $2,750,000 to $2,850,000
  • 07 Mar 2025
    Listed for Sale Contact Agent
  • 15 Jul 2023
    Listed for Sale $2,375,000
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About Thorngate 5082

The size of Thorngate is approximately 0.1 square kilometres. The population of Thorngate in 2016 was 186 people. By 2021 the population was 180 showing a population decline of 3.2% in the area during that time. The predominant age group in Thorngate is 10-19 years. Households in Thorngate are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Thorngate work in a professional occupation.In 2021, 79.30% of the homes in Thorngate were owner-occupied compared with 90.20% in 2016.

Thorngate has 73 properties. Over the last 5 years, Houses in Thorngate have seen a 101.01% increase in median value. As at 30 November 2025:

  • The median value for Houses in Thorngate is $2,427,627 while the median value for Units is $809,241.
There are currently 2 properties listed for sale, and no properties listed for rent in Thorngate on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Thorngate.

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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.