FOR SALE
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353-357 King William Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 794m2
Land area: 780m2
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A Royal Opportunity

RWC Adelaide are proud to exclusively present for sale the 'King's Head' at 353-357 King William Street, Adelaide.
Prominently located along King William Street, the King's Head is now ready for the next stage of it's life with exciting development approvals in place. Well located along the tramline and in walking distance to some of the best food and beverage options the Adelaide CBD has to offer, savvy developers will love the flexibility of bringing to life the current plans or tweaking them to add your own touches to the project.
The property offers the below investment highlights:
• High profile corner position in the Adelaide CBD
• Triple fronted site of 780 sqm* with approximately 82 m* of total frontage
• Favourable Capital City zone with height allowances up to 53m
• Existing planning approvals for 16 storey mixed use development
• Strong existing demand from Serviced Apartment operators with agreements in place which can be transferred
• Potential to convert existing improvements for alternative commercial uses
• Offered with vacant possession with no stamp duty payable
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Property Details for 353-357 King William St, Adelaide

Building Type
Commercial
Floor Size
794m2
Land Size
780m2

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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 18,024 properties. Over the last 5 years, Houses in Adelaide have seen a 56.83% increase in median value, while Units have seen a 30.63% increase. As at 30 November 2024:

  • The median value for Houses in Adelaide is $1,134,010 while the median value for Units is $534,563.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 170 properties listed for sale, and 90 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1017 properties were sold in the past 12 months in Adelaide.

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Jack Dyson
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Harry Einarson
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