4/50 Rose Street
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About this property
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.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 69 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Prospect
This 2-bedroom apartment in Prospect, SA 5082 sits within reach of public transport, local shops and nearby schools. It is listed 42% below the $998,000 median of 53 comparable apartmentswithin 5 km.
Schools near Prospect
- Blackfriars Priory Schoolcombined · R-12 · Boys
- Prospect North Primary Schoolprimary · R-6 · CoEd
- Prospect Primary Schoolprimary · R-6 · CoEd
- Rosary Schoolprimary · R-6 · CoEd
- Prescott Collegesecondary · 7-12 · CoEd
What's nearby
- Stop 11 Prospect Road - West side (bus) — 351 m away
- Unnamed — 347 m away
- Unnamed — 503 m away
- Braund Park — 665 m away
- St. Helens Park — 687 m away
Prospect at a glance
Full suburb profile- Population
- 14,584
- Median age
- 37
- Household income
- $2,001/wk
- Median rent
- $350/wk
- Median mortgage
- $1,929/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Prospect price trend
Median sold · Unit 2 bed
Compound growth +10.3% / yr over 4 yrs
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Full Prospect marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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