507 Prospect Road, Blair Athol, SA, 5084

Exceptional scale & potential plus in a prime location

House
Type
6
Bedrooms
2
Bathrooms

Last updated on Wednesday, April 08, 2026 ( See property details for 507 Prospect Road, Blair Athol, SA, 5084)

Best Offers by 15 April

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A rare development and investment opportunity in Blair Athol offering expansive land, high exposure, and versatile potential for residential or commercial projects.

🏡 Property Highlights

  • Expansive landholding of approximately 1,039 sqm across two titles with a combined frontage of 30.7 metres.
  • Potential to develop up to nine modern townhouses, subject to council approval.
  • High-exposure location on Prospect Road, suitable for commercial or mixed-use ventures (STCC).
  • Existing solid dwellings offering immediate rental income and renovation opportunities.
  • Strategic position near Prospect Road's vibrant precinct with cafes and restaurants.
  • Excellent connectivity with high-frequency public transport and only 8 km to Adelaide CBD.

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Large rear yards
  • Opportunity for renovation
  • Potential for mixed-use development
  • High exposure location
  • Multiple titles
  • Development potential (STCC)
  • Immediate rental income

Blair Athol is a vibrant suburb experiencing significant growth, renowned for its proximity to Adelaide’s CBD and excellent amenities. Key features include its convenient access to shopping centres like Churchill and Northpark, a lively main street with cafes and restaurants, and quality educational institutions such as Enfield Primary and Roma Mitchell Secondary College. The area offers abundant green spaces and parks, making it ideal for families and developers seeking high-density opportunities in a sought-after location.

What are the development restrictions and zoning regulations for this site?
The property is zoned for potential development of up to nine townhouses, subject to council approval and compliance with local planning regulations.
Are there any existing planning permits or approvals in place?
Currently, there are no permits in place; development would require council approval and adherence to local planning schemes.
What is the condition of the existing dwellings on the property?
The existing structures are solid and suitable for renovation, offering immediate rental income while planning for future development.
Are there any known zoning or easement restrictions affecting the property?
The property is subject to local zoning regulations for mixed-use or residential development; specific easements or restrictions should be verified via council records.
What are the flood or bushfire risks associated with this property?
The property is located in an urban area with minimal flood or bushfire risk; however, prospective buyers should conduct their own assessments.
Is there any ongoing or planned nearby construction that could impact future development?
Potential development plans are subject to council approval; current nearby developments are not specified but should be investigated.
Are there any strata or body corporate considerations for this property?
As a landholding with two titles, this property is not part of a strata scheme; individual titles are held separately.
What are the potential costs involved in developing this site?
Development costs will include council fees, permits, site preparation, and construction; detailed estimates should be obtained from relevant professionals.
What are the current rental yields for the existing dwellings?
The existing structures can be renovated to maximise rental income; specific yields depend on the renovation quality and market conditions.
What are the transport options and accessibility features of the location?
The property offers easy access to high-frequency bus routes for CBD commuting and is located just minutes from major shopping centres and amenities.
Are there any hidden costs or upcoming council rates associated with the property? Has the property been assessed for any zoning or planning restrictions that could limit development? Are there any existing easements, covenants, or restrictions on either of the titles? What is the history of the property regarding previous uses or structural issues? Are there any known environmental concerns or contamination risks on the site? Is there any ongoing or planned infrastructure development nearby that could affect the property? What are the specific requirements and approval processes for developing up to nine townhouses? Are there any strata or community title considerations if the property is subdivided? What are the potential costs involved in subdividing or redeveloping the site? Has a recent land survey been conducted to confirm boundaries and land area measurements?

507 Prospect Road, Blair Athol, SA, 5084 - More Details

Exceptional scale & potential plus in a prime location

Type
House
Bedrooms
6
Bathrooms
2

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