FOR SALE
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76-80 Sturt Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 600m2
Land area: 326m2
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MIXED COMMERCIAL AND RESIDENTIAL INCOME EARNER

CHARACTER FEDERATION STYLE COMPRISING 3 GROUND FLOOR OFFICES OR SHOPS WITH 3 TOWNHOUSES ABOVE PLUS 3 UNDERCROFT CAR PARKS.
Firstly, the site comprises two separately titled allotments having a combined frontage of 15.98 metres and an average depth of 20.43 metres . The site area is 326 square metres and includes a shared Right of Way which provides access to the rear undercroft car parks.
Secondly, the building is mostly of solid brick construction with brick division walls separating each of the ground floor offices and each of the townhouses.
The commercial spaces are 76 sqm, 50 sqm and 50 sqm respectively. The townhouses are accessed via the covered rear patio and each comprise large lounge, kitchen/dine, two large bedrooms, fully fitted bathroom, 2nd toilet, separate laundry and balcony.
Ideal location close to Adelaide Central Market, China Town, Gouger Street eateries, Law Courts, Victoria Square and the very popular Glenelg Tram.
Huge potential – continue with current uses as offices or shops complimented with upper level private or serviced residential accommodation or consider dividing into multiple Community Titled lots (SNCC).
This is an impressive property and is worthy of your serious consideration.
For further details on the property or if you wish to arrange an inspection, please contact Geoff Cooney on 0411 660 266 or 8211 8777 or gcooney@taplin.com.au.
TAPLIN GROUP OF COMPANIES - RLA 994

Property Details for 76-80 Sturt St, Adelaide

Building Type
Commercial
Floor Size
600m2
Land Size
326m2

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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 17,939 properties. Over the last 5 years, Houses in Adelaide have seen a 53.84% increase in median value, while Units have seen a 25.84% increase. As at 31 July 2024:

  • The median value for Houses in Adelaide is $1,107,070 while the median value for Units is $491,735.
  • Houses have a median rent of $620 while Units have a median rent of $560.
There are currently 169 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1050 properties were sold in the past 12 months in Adelaide.

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