202-202A Prospect Road,
Prospect, SA 5082

JLL in conjunction with Toop + Toop are pleased to present 202-202A Prospect Road, Prospect for sale by Public Auction.

This fully leased property offers a dual income stream from its retail and residential components. Situated on a generous 645sqm* land holding with a 15.47m* frontage to Prospect Road, the property comprises 65sqm* of retail space and 160sqm* of residential area.

Located in a thriving retail and dining precinct, some 5km north of Adelaide CBD, this prominent site benefits from its position on Prospect Road, a premier high street. The surrounding area is known for its popular cafes, restaurants, and specialty shops, creating a vibrant local atmosphere.

The property's Urban Corridor (Living) zoning, with a 3-level height limit, presents strong development potential (subject to council approval). Recent nearby developments, including The Harrington and Palace Nova Prospect Cinemas, further enhance the area's appeal and future growth prospects.

With excellent public transport access and proximity to recent local improvements, 202-202A Prospect Road represents an outstanding opportunity for investors and developers alike.



We highlight the key property features below:
·      Net Income of $44,094.59* pa
·      Total site area of 645sqm*
·      Fully leased to Chique Hair Lounge and residential tenant
·      5km* from Adelaide CBD
·      Close proximity to bustling Prospect Road precinct
·      Urban Corridor (Living) Zoning
 
202-202A Prospect Road, Prospect is offered for sale by Public Auction onsite Wednesday 18 December at 10:00am.

For further information or to arrange an inspection, please contact the exclusive selling agents:
*Approx
 
JLL RLA 1842
Toop + Toop RLA 301309