This property is nestled in a highly sought-after location, just 6km from the vibrant city centre, three exceptional solid brick units poised to captivate any discerning eye have become available in bustling Prospect.
Sprawled across an impressive 1174m² allotment in a high-density zone, these units boast an unparalleled combination of comfort, style, convenience as well as unlimited potential for prospective investors.
Logistically designed with a modern aesthetic, each unit showcases two well-appointed, carpeted bedrooms, generously sized open plan living areas and clean, tiled bathrooms complete with a shower, vanity, and toilet.
The perfect blend of form and function, these residences are perfectly suited for contemporary, minimalist living, offering an abundance of space and
flexibility to suit any lifestyle.
The units are replete with large windows, welcoming warm natural light to bathe the interiors, creating a serene and inviting ambiance throughout all properties.
You will relish the sleek kitchens that come equipped with all the necessary amenities in each home.
With easy access to the city and a host of conveniences nearby, these homes are perfect for those seeking ultimate urban living. Whether you are a young professional, a small family or simply seeking a comfortable, convenient lifestyle, these residences are the perfect place to call home.
Prospective developers can consider this a high cash flow, investment opportunity not worth missing out on. All units presenting structurally solid with good bones and clever floor plans, mild renovations and landscaping could take these units from good, to great.
Alternatively, in conjunction with the neighbouring allotment at 121 Devonport Terrace, Prospect, also on the market, this site presents an array of development opportunities due to falling under the urban corridor zoning which allows for a maximum build height of up to four stories. As a result, the site has capacity for residential facilities, retirement living, student accommodation, a medical centre or childcare facilities, to name just a few possibilities.
Together the two sites present over 1700sqm, spanning between Devonport Terrace and Churchill Road and are both tenanted until July 2023 providing cashflow to support overhead costs for developers during the early stages of potential developments.
Prospect continues to evolve remarkably as a residential suburb and has received significant developments and upgrades over the past 5 years, making it a desirable outer city hub for a variety of buyers and developers. The site is perfectly positioned right next Charles Cane Reserve and the favourable Frankly Bagels. A short walk around the corner will have you on the train and in the Adelaide CBD in less than 15 minutes and sharing your street, just down the road is Adelaide's only Costco supermarket.
• Secure, solid brick front fence
• Exterior awnings
• Reverse split cycle air-conditioning in the living room of all three units
• Bifold blinds or curtains on all windows
• 3 undercover car parking spaces
• Verandah area on all three units
• Conveniently located in between Dudley Park and Ovingham Train Stations
• 5 minute drive to bustling Bowden and Brompton host to Plant 4, bars, restaurants and frequent markets
• Nearby schools include: Prospect Primary School, Brompton Primary School, Bowden Brompton Community School, Prescott College, Blackfriars
• Priory School, Our Lady of the Sacred Heart College
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | City of Prospect
Zone | UC - Urban Corridor\\
Land | 1175sqm(Approx.)
House | 56.3 - 106.9sqm(Approx.)
Built | 1992
Council Rates | $1,347.00pa
Water | $482pq
ESL | $229.44 pa
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