Development/Land

Phone enquiries - please quote property ID 32390.

OFFICE SPACE, Investment Property… only minutes from CBD!!

Unique Development Opportunity in Thorngate: High-Density Residential with Commercial Element, Office Space, and Investment Property

Situated just minutes from the Adelaide CBD, this impressive 1920s Stone Front Executive Bungalow at 10 Main North Road, Thorngate, presents a rare opportunity for developers, home-based businesses, and professionals alike.

With 19.05 meters of road frontage and a large 1006 sqm block, this property offers a range of options for its prospective owners. Upon entry through the double front gates, visitors can park off-road in the expansive rear parking area, complete with an additional undercover carport. A veranda shelters the front of the property, leading to a spacious reception area via a wooden and glass door.

This property boasts three generous bedrooms and two bathrooms, including four fireplaces, two of which are functioning. A sunroom leads out to the rear of the property and a covered entertaining area, overlooks the enormous backyard.

Recently rezoned by the Prospect City Council as the ‘Urban Corridor Zone,' this property provides developers with the opportunity to build high-density residential dwellings in conjunction with a commercial element (such as offices) subject to council approval.

Currently utilized as a home office (previously a thriving business), the property has been rewired and still features all of the office wiring required for a business to move in and begin operating.

This versatile property offers a broad range of uses, including as a home occupier, home-based office, or professional office. Additionally, the roof and gutters have been replaced for added convenience.

Positioned among five neighbouring residential properties, this unique development opportunity is ideally located near public transport...