116 Rose TerraceWayville SA 5034
Property Details for 116 Rose Tce, Wayville
116 Rose Tce, Wayville is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2024. The property has a land size of 874m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (May 2025)
SOLD BY ZAC WATTS
Comprising some 868sqm* of land, the site is together with favourable Urban Corridor zoning with planning potential up to 7 levels (subject to Council consent).
Boasting a prime city fringe address, similar opportunities for development are limited. The site is currently offered with a development approval for six (6) high end townhouses of 2 and 3 storeys.
Offering a high-quality, rare opportunity to invest in a mixed-use development site. Currently being utilised as a carpark with a licensing agreement through PriPark providing holding income until commencement of redevelopment.
Whilst full development approvals are in place for a prominent six townhouse site over two and three levels, the site is ready to start build today without delay. Alternatively the Urban Corridor zone provides complete flexibility in zoning to suit a range of intentions with scope for commercial, residential, apartments, retail use or medical (STCC).
The fine print:
Regular 868sqm (approx.) allotment with 16.76m (approx.) frontage facing Rose Terrace
Urban Corridor zoning, Boulevard (Greenhill Road), Policy Area 19, City of Unley
Purchase as a commercial site with a going concern take advantage of applicable stamp duty & GST savings
Immediate proximity to Adelaide Showgrounds with car park profit share arrangement returning significant holding income throughout peak showground events.
Sealed and line marked for up to 38 car parks
DA approval already in place - contact agents for plans and approvals
Potential development up to 7 stories (STCC)
Positioning on the juncture of Rose Terrace & Hamilton Boulevard
Highly desirable location on the cusp of the CBD, Greenhill & Goodwood Roads
350m (approx.) to both tram & bus stops
School zoning for both reputable Adelaide High & Adelaide Botanic High
Contact Zac Watts 0448 217 726 or Sam Alexander 0457 888 213 to register your interest today
This listing Is being advertised in conjunction with Zac Watts of Noakes Nickolas RLA 315 571 alongside Sam Alexander of Cushman & Wakefield RLA 315 726.
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. If this property is to be sold via auction the Vendors Statement may be inspected at Level 1, 67 Anzac Highway, Ashford for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 315571.
Property History for 116 Rose Tce, Wayville, SA 5034
- 17 Sep 2023Listed for Sale $1.65M
- 12 Dec 2022Sold for $1,650,000
- 08 Jul 2022Listed for Sale CONTACT AGENT
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About Wayville 5034
The size of Wayville is approximately 1.1 square kilometres. There are 2 parks, covering nearly 1.7% of the total area. The population of Wayville in 2016 was 1835 people. By 2021 the population was 1922 showing a population growth of 4.7% in the area during that time. The predominant age group in Wayville is 20-29 years. Households in Wayville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wayville work in a professional occupation.In 2021, 52.10% of the homes in Wayville were owner-occupied compared with 50.80% in 2016.
Wayville has 1,123 properties. Over the last 5 years, Houses in Wayville have seen a 45.45% increase in median value, while Units have seen a 69.09% increase. As at 31 July 2026:
- The median value for Houses in Wayville is $1,993,924 while the median value for Units is $815,186.
- Houses have a median rent of $720 while Units have a median rent of $570.
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