A rare Prospect investment. Six units. One title.

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1 To 6/68 Rose Street, Prospect SA 5082

Auction

Search Band Search Visibility Band

$3M - $3.3M Low Confidence Calculated based on limited search observations.

Block of Units 10 Beds 6 Baths 6 Cars 813 m² 355 m²

Listed: 6 days ago

Overview

This extensive property offers a rare opportunity to acquire a full block of six residential units all held on a single Torrens title in the established suburb of Prospect. Spanning approximately 813 square metres, the site offers a substantial landholding with considerable rental income potential as well as future development prospects subject to council approvals.

Comprising a total of ten bedrooms spread between four two-bedroom units and two one-bedroom units, these residences are arranged across two levels with three units on each floor. The availability of six bathrooms and six dedicated car parking spaces underscores the property's functionality and appeal to an investor seeking diverse tenancy streams.

Currently, four of the six units are leased, yielding a weekly rental income of approximately $2,060, while the remaining two units are vacant but have historically commanded rental rates totaling $1,030 per week. When fully occupied, the estimated gross rental income could reach $3,090 weekly or approximately $160,680 annually, providing a steady revenue base before outgoings.

The property's sizable footprint with an 18.29-metre frontage and 44.5-metre depth offers not only immediate income but also attractive long-term value, providing the owner with control over the entire complex and the possibility to investigate redevelopment or subdivision options in line with the local Established Neighbourhood zoning and council guidelines.

Entire block of six units on one Torrens title
Diverse accommodation: four two-bedroom and two one-bedroom units
Functional layout with six bathrooms and six car spaces
Strong rental income foundation with potential for uplift at full occupancy
Substantial land size affording future flexibility and possible value enhancement
Location within a vibrant suburb with accessible amenities, schools, and transport

Ideal for investors looking for a comprehensive income stream combined with asset consolidation in a sought-after inner northern Adelaide location, this property combines solid tenancy coverage and considerable prospects for capital growth within the City of Prospect.

Local Market Insights

In Adelaide - West, Quiet Listings observed 2 new block of unitss entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $2,600,000. The property type mix of listed properties is predominantly Houses at 66%, followed by units (12%), and land (8%). The only agency with for block of unitss listings currently monitored in the Adelaide - West area is Ray White. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

Saturday, 24 October 2026

9:00 AM - 9:45 AM ACDT

This property has had 1 previous open for inspection. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.