4/50 Rose Street, Prospect, SA 5082

$550,000 - $600,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Tuesday, July 07, 2026 ( See property details for 4/50 Rose Street, Prospect, SA 5082)

$550,000 - $600,000

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

Modern, renovated two-bedroom units in Prospect offering excellent investment potential and convenient city-fringe living.

🏡 Property Highlights

  • Renovated second-level units in a small, well-maintained group of only four residences
  • Leased at $485 per week with long-term tenancy until mid-2027, offering immediate rental income
  • Light-filled layout with two spacious bedrooms featuring built-in wardrobes and ceiling fans
  • Modern updates including floating timber-look flooring and stylish white laminate kitchens
  • Contemporary bathrooms with floor-to-ceiling tiling and spacious living areas with split system air conditioning
  • Own allocated carport for each unit, providing secure parking and convenience

✨ Key Features

  • Built-in Robes
  • Ceiling Fans
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Garage / Secure Parking
  • Air Conditioning
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry

Prospect is a vibrant, highly sought-after inner-city suburb renowned for its cosmopolitan atmosphere, excellent connectivity, and diverse lifestyle amenities. Residents enjoy boutique shopping, cafes, wine bars, and renowned restaurants along Prospect Road. The area offers convenient access to major shopping centres, public transport, and quality schools, making it ideal for both investors and families seeking a dynamic urban lifestyle.

What are the key features of these units?
These units feature two spacious bedrooms with built-in wardrobes and ceiling fans, modern kitchens with generous bench space, renovated bathrooms with floor-to-ceiling tiling, split system air conditioning, and own allocated carports.
Are the units currently leased and what is the rental income?
Yes, both units are leased at $485 per week, with lease expiry dates in June and July 2027, providing a reliable income stream.
What makes Prospect a desirable suburb to live or invest in?
Prospect offers a vibrant lifestyle with boutique shopping, cafes, restaurants, excellent public transport, and proximity to the Adelaide CBD, making it highly attractive for residents and investors alike.
What are the nearby amenities and schools?
Residents have access to Northpark Shopping Centre, Sefton Plaza, Churchill Centre, and several reputable schools including Prospect Primary School and Adelaide Botanic High School.
What are the benefits of these renovated units?
The units feature modern updates, low-maintenance living, long-term leases, and a prime location, making them ideal for investors or first-home buyers.
Are there any upcoming strata or body corporate fees and what do they cover? Have the units been inspected for any structural issues or defects? Are there any restrictions or easements on the property? Is there any history of flooding or bushfire risk in the area? Are there any planned developments or construction nearby that could affect the property? What are the total costs involved, including stamp duty, legal fees, and strata levies? Is the property compliant with all local building and safety regulations? Are there any ongoing maintenance or repair issues with the units? What are the zoning restrictions for the property? Are there any noise or neighbour-related concerns in the area?

4/50 Rose Street, Prospect, SA 5082 - More Details

$550,000 - $600,000

Accommodation
An exceptional opportunity awaits to purchase one of two renovated second-level units within a small, tidy group of only four residences. Offering identical floorplans and modern updates throughout, these low-maintenance residences present an ideal opportunity for savvy investors seeking immediate rental income or first home buyers looking to secure a foothold in the highly sought-after suburb of Prospect upon lease expiry.

Unit 3 is securely leased at $485 per week until the 13th June 2027, while Unit 4 is leased at $485 per week until 4th July 2027, providing an attractive set-and-forget investment from day one.

Inside, both units offer a light-filled layout featuring two generous bedrooms, each complete with built-in wardrobes, ceiling fans and soft carpeting for year-round comfort. Floating timber-look flooring flows throughout the main living areas, complementing the fresh neutral décor.

The updated white laminate kitchens are both stylish and practical, boasting generous bench space, ample cabinetry and a four-burner gas cooktop, making meal preparation a pleasure. The renovated bathrooms showcase contemporary floor-to-ceiling tiling, while the spacious lounge is serviced by a split system air conditioner to ensure comfort throughout the seasons.

Each unit also enjoys the convenience of its own allocated carport.

Whether you're looking to expand your investment portfolio, secure a quality long-term asset or plan ahead for your first home, these impressive units offer flexibility, convenience and exceptional value in one of Adelaide's most desirable city-fringe suburbs.

Key Features
-Rare opportunity to purchase one of two renovated second-level units
-Small and well-maintained group of only four residences
-Unit 3 leased at $485 per week until 13/06/2027
-Unit 4 leased at $485 per week until 04/07/2027
-Two spacious bedrooms
-Built-in wardrobes to both bedrooms
-Ceiling fans to both bedrooms
-Floating timber-look flooring throughout living areas
-Carpeted bedrooms
-Updated white laminate kitchen
-Generous bench space and ample cabinetry
-Four-burner gas cooktop
-Renovated bathroom with floor-to-ceiling tiling
-Split system reverse-cycle air conditioning to lounge
-Allocated carport
-Outstanding investment or future owner-occupier opportunity

Lifestyle - Why You'll Love Living in Prospect
Renowned as one of Adelaide's most vibrant and tightly held inner-city suburbs, Prospect continues to attract buyers with its cosmopolitan atmosphere, excellent connectivity and outstanding lifestyle amenities.

Enjoy the boutique shopping and dining precinct along Prospect Road, home to an exciting mix of cafés, artisan bakeries, wine bars and popular restaurants including Anchovy Bandit, Muratti Cakes & Gateaux, Cibo Espresso, The Palace Nova Cinema and numerous local eateries.

Local shopping amenities include Northpark Shopping Centre, Sefton Plaza, Churchill Centre and Adelaide CBD, while major supermarkets, specialty retailers and essential services are all within easy reach.

Public transport is excellent, with frequent bus services along Prospect Road and Main North Road, together with nearby train access providing an easy commute into the Adelaide CBD, only approximately 10 minutes away.

Families will appreciate the quality local schooling options including zoning for Prospect Primary School and Adelaide Botanic High School. You also have a range of respected private colleges including Blackfriars Priory School, St Dominic's Priory College, Our Lady of the Sacred Heart College and Prince Alfred College all within close proximity.

*Disclaimer: Raine & Horne Unley try their absolute best to obtain correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should seek independent legal advice if they wish to proceed. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
House Size
69 m²

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