412 Regency Road
Prospect, SA 5082

Overview

Unrivalled Corner Potential in a Premier Lifestyle Corridor

Situated on a commanding 832 square meter corner allotment, this property offers a rare and lucrative opportunity to acquire a significant footprint in one of Adelaide's most sought-after inner northern suburbs. The site boasts an extensive frontage of approximately 44.2 meters to Prospect Road, with additional access via Regency Road, providing high exposure visibility and exceptional flexibility for a landmark development project. The location is surrounded by successful recent apartment and townhouse developments, making it an ideal canvas for those aiming to build a high-density group and capitalize on the area's consistent capital growth.

The existing residence is a substantial six-bedroom home currently tenanted, offering immediate and reliable rental income. This feature provides a valuable safety net for investors and developers, allowing for steady cash flow while navigating planning and approval stages for future projects. Whether the buyer intends to land bank for the future or proceed directly with a multi-dwelling subdivision, the existing infrastructure ensures the investment begins generating returns from day one.

The property's location is exceptional, placing residents at the heart of a vibrant urban lifestyle that attracts a high-caliber demographic. It is just moments away from the eclectic Prospect Road precinct, known for its boutique cinema, trendy cafes, and award-winning restaurants. The convenience of proximity to the Adelaide CBD, combined with nearby major retail hubs such as the Churchill Centre, makes this an exceptionally desirable area for future residents and tenants alike.

Strategic buyers will appreciate the immense value offered by the zoning and exposure of this corner site. With easy access to the North South Motorway and situated within highly coveted zones for Adelaide High and Adelaide Botanic High Schools, the foundations for a successful development are firmly in place. This represents a blue-chip opportunity to contribute to the evolving skyline of Prospect and secure a high-profile asset promising long-term rewards.

Key features include:

• Large corner allotment of approximately 832 square meters
• Extensive 44.2 meter frontage to Prospect Road
• Six spacious bedrooms within the existing residence
• Currently tenanted, providing immediate rental return
• Central kitchen with functional layout and appliances
• Original bathroom facilities and multiple living zones
• High visibility signage opportunities for commercial-minded buyers
• Expansive backyard and outdoor space
• Strategic dual street access from Regency Road and Prospect Road
• Prime candidate for subdivision or multi-level development (subject to council consent)

Prospect is widely regarded as one of Adelaide's most popular city-fringe suburbs, offering a perfect blend of historic charm and modern convenience. The area is famous for its lively Prospect Road strip, featuring the Palace Nova Cinema and a diverse range of eateries and bars. Families are attracted to the area for its excellent education options, including zoning for Adelaide High and Adelaide Botanic High Schools. With the Churchill Centre nearby for all major shopping needs and easy access to public transport for a quick commute to the CBD, Prospect remains a top-tier choice for residents and investors.

Location