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Lot 1/187 Grenfell Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 462m2
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East End Leased Investment

LJ Hooker Commercial Adelaide is proud to present to the market for lease Shops Lot 1 Corner Grenfell Street and Frome Street Adelaide, also known as Lot 1/187 Grenfell Street, Adelaide.
This 184sqm* tenancy has a dominant yet charming appearance with fantastic natural lighting and high ceilings of 3.3m internally. The space offers a larger open plan area with carpeted floors, security system and shared kitchenette and bathroom facilities. The tenancy will also come with two on-site secure car parks. The tenant may also have the option to lease or purchase the property.
A chance to join a diverse, yet complimentary tenancy mix which includes oOh! Media, Bodycentric and Metro Homes.
Convenient East End Location The building is prominently located on the south eastern corner of Frome and Grenfell Streets. The location provides excellent amenity, convenience and accessibility for the building's occupants and their clients. A short walk from cosmopolitan Rundle Street East, the property has an outstanding array of restaurants, cafes, wine bars, hotels and retail shops at its doorstep. The property's local offers the accessibility and convenience of a fringe position, whilst still being part of the city's commercial core.
Furthermore, the property is positioned to take advantage of the $672 million Lot Fourteen Urban Renewal Project. With construction well on the way the development showcases one of the most exciting Urban Renewal Projects in Australia. The development is poised to showcase a diverse mix of industries such as space, defence, hi-tech and creative industries.
The tenancy features the following key characteristics:
184sqm* Available Now
Corner position with frontages to Grenfell Street and Frome Street
2 secure on-site car parks
Excellent exposure
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Property Details for Lot 1/187 Grenfell St, Adelaide

Building Type
Commercial
Floor Size
462m2

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,721 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:

  • The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
  • Houses have a median rent of $610 while Units have a median rent of $580.
There are currently 181 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1001 properties were sold in the past 12 months in Adelaide.

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Mark Tettis
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Charles Parletta
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LJ Hooker Commercial Adelaide
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.