Purchasing a townhouse is a wise investment, especially in an inner-city suburb like Prospect. While the price of ‘traditional’ real estate is sky-rocketing, and becoming unaffordable for many, a townhouse gives would-be buyers an opportunity to enter Adelaide’s competitive real estate market for a much lower price.
The townhouses at Prospect 1838 have been designed to suit a wide range of purchasers. With 2, 3 and 4 bedroom floorplans available, Prospect 1838 is the only master-planned development in Prospect.
Let’s take a closer look at the kinds of purchasers who can find their perfect home at Prospect 1838:
Prospect Townhouses for First Home Buyers?
With an exploding property market, especially in the inner-city suburbs, finding a first home is becoming increasingly difficult. Large homes in suburbs like Prospect are commanding a hefty sum, and apartments are proving too small. Prospect 1838 townhouses provide a perfect solution. They are an ideal way to enjoy the indoor space that multi-level designs afford, as well as offering a vibrant, youthful lifestyle.
First Home Buyers will love the convenience of having shopping, dining and transport options literally on their doorstep. Only a few kilometres to the city, residents can easily catch a bus or a train to the CBD for work or play. And that’s another benefit of living in a townhouse – locking up and leaving has never been so easy! With less maintenance than a traditional home, and less gardening that a home with a big yard, residents will be able to spend more time doing the things they love most.
Prospect Townhouses for Downsizers?
As their adult children start to leave home, downsizers find that there is less demand for outdoor space and multiple living areas. The home feels too big, the yard work takes too much time and they want to spend more time away or abroad. A townhouse at Prospect provides the perfect solution. It is low maintenance living at it’s best, without having to compromise on luxury.
By purchasing a townhouse at Prospect 1838, downsizers can sell the large family home and put some money in the bank. Not only that, but they can rest assured knowing that they have made a wise property investment that will serve them long into retirement.
Downsizers can really enjoy the lifestyle that Prospect 1838 offers. The large open reserve space is perfect for morning walks and picnics. It offers a quiet space to read a book, or just relax and enjoy some sunshine. Getting to the CBD is so easy with all of the available transport options. Closer to home, all of the cafe and dining options on Prospect Road are just a short walk away.
Prospect Townhouses for Investors?
It’s no secret that Prospect is one of Adelaide’s hottest suburbs. As an Investor, you will be purchasing prime inner-city real estate, without paying city prices. Your tenants will love the convenience of living in a Prospect townhouse – for them, it provides the perfect mix of convenience and lifestyle.
Prospect’s vacancy rates are at an all-time low, especially when it comes to low-maintenance rental options like a townhouse. Tenants will love their brand new designer kitchens, multi-level living spaces, balconies for entertaining and high spec fixtures and fittings.
Prospect Townhouses for Families?
Not every family wants a great big backyard, and especially the price tag that comes with it. Increasingly, families are opting for smaller homes in better suburbs, so that they can get out and enjoy local activities, or spend more weekends away. Townhouse living means that family members can really spread out and enjoy their own space. Some of the designs at Prospect 1838 feature 4 bedrooms, with the master suite on a different level to the other bedrooms, providing peace and privacy for everyone.
Prospect offers excellent schooling options within close proximity. There are also plenty of playgrounds within a short distance, not to mention the large open reserve within Prospect 1838. What a great space to have a picnic, ride a bike or kick a ball.