49 Devonport Terrace, Prospect, SA 5082

Best Offers Guide $1,150,000 - $1,265,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
807 m²
Area

Published on Thursday, October 08, 2026 ( See property details for 49 Devonport Terrace, Prospect, SA 5082)

Best Offers Guide $1,150,000 - $1,265,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A character-filled 1930s double brick home on a spacious 807sqm level block with future development potential in a sought-after Prospect location.

🏡 Property Highlights

  • Substantial 807sqm level land with direct reserve access
  • Strategic Urban Corridor (Boulevard) zoning for future development potential
  • Solid 1930s double brick construction with original character features
  • Generous four-bedroom layout with master ensuite and walk-in wardrobe
  • Prime inner-northern Adelaide location near Prospect's amenities
  • Potential rental income of $700–$750 per week

✨ Key Features

  • Built in robes
  • Ensuite
  • Open-Plan Living
  • Fireplace
  • High energy efficiency
  • Water tank
  • Split-system air conditioning
  • Level land
  • Outdoor Area
  • Security Screens / Gates
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49 Devonport Terrace
Prospect, SA 5082
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Vertical aerial view — 49 Devonport Terrace
49 Devonport Terrace — Vertical Aerial  •  Prospect, SA 5082  •  Nearmap © 2026

Prospect is a vibrant inner-northern suburb renowned for its blend of historic charm and modern amenities. It offers excellent access to cafes, shopping, quality schools, and public transport. The area features lush parks and reserves, making it ideal for families and investors seeking a strategic location with future growth potential.

What are the key features of this property?
This property features four bedrooms, two bathrooms, a master ensuite with walk-in wardrobe, original fireplaces, high ceilings, solid timber floorboards, split-system air conditioning, and a large level landholding of 807sqm with reserve access.
Is the property suitable for future development?
Yes, the property is zoned Urban Corridor (Boulevard), which offers potential for medium-to-higher-density residential development, subject to planning approval and council requirements.
What is the rental potential of the property?
The property has been assessed for rental income of approximately $700–$750 per week, making it a strong investment opportunity.
What are the main advantages of the location?
Located within easy reach of Prospect's vibrant cafes, shopping precinct, quality schools, parks, and public transport, offering a convenient inner-city lifestyle.
What are the notable character features of the home?
The home retains original character fireplaces, high ceilings, solid timber floorboards, and a timeless 1930s double brick construction.
Are there any restrictions or covenants associated with the Urban Corridor zoning that could affect future development plans? Has the property been assessed for any structural issues or defects, given its age? Are there any easements, planning overlays, or zoning restrictions that could impact renovation or development? What are the council requirements and approval processes for future development on this land? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or construction projects nearby that could affect the property’s value or living environment? What are the strata or community title considerations, if applicable? Are there any hidden costs associated with the property, such as maintenance or service charges? Has the property been tested for asbestos or other hazardous materials common in homes of this era? Are there any restrictions on the use of the reserve land adjacent to the property?

49 Devonport Terrace, Prospect, SA 5082 - More Details

Best Offers Guide $1,150,000 - $1,265,000

BEST OFFERS BY TUESDAY 27TH OCTOBER AT 11:00am (USP).

A rare combination of period character, substantial landholding and strategic zoning, 49 Devonport Terrace presents an exceptional opportunity in one of Adelaide's most sought-after inner-northern suburbs.

Built in 1930 and solidly constructed in double brick, this substantial home retains the timeless appeal of its era while offering the space and functionality demanded by modern family living. High ceilings, solid timber floorboards and original character fireplaces provide an immediate sense of warmth and authenticity, complemented by four well-sized bedrooms, including a privately positioned master suite with ensuite and walk-in wardrobe.

A second bathroom, third separate toilet and designated laundry add genuine practicality, while reverse-cycle split-system air-conditioning and instantaneous gas hot water provide year-round comfort and convenience.

Beyond the home lies the real point of difference: an impressive 807sqm of level land with a generous 15.24m frontage, extending directly to the rear boundary of George Whittle Reserve. The combination of land size, level topography and direct reserve adjacency creates a rare sense of space, while offering exceptional flexibility for the future.

For developers and investors, the property's Urban Corridor (Boulevard) zoning adds significant strategic appeal. The zoning creates the potential for future medium-to-higher-density residential outcomes, subject to planning consent and council requirements (STCC).

For investors seeking an immediate holding, the existing home has been assessed for rental at approximately $700–$750 per week, providing a strong income stream while considering the property's longer-term potential.

And then there is the location. Positioned within easy reach of Prospect's vibrant café and shopping precinct, quality schools, parks, public transport and everyday amenities, the property combines the convenience of inner-city living with the space and established character rarely found on such a strategically positioned parcel.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
807 m²

Inspections times

  • Inspection Sat 10 Oct 3:15 pm

    Saturday 10 October
    3:15 pm - 3:45 pm
  • Inspection Sun 11 Oct 11:00 am

    Sunday 11 October
    11:00 am - 11:30 am
Thank you for submitting your reminder request.

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