202-202A Prospect Road, Prospect_Property for Sale

202-202A Prospect Road, Prospect, SA, 5082, AU

202-202A Prospect Road, Prospect

Asset Description

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.

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