FOR SALE
Enquiries to Tony Ricketts 0418 827 911

Lot 1/187 Grenfell Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 441m2
Land area: 442m2
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High Exposure commercial space of 441.50 sqm!

For Sale or For Lease
Lot 1, 187 Grenfell Street, Adelaide.
• High calibre ground floor accommodation, with valuable exposure on SE corner Frome / Grenfell Streets.
• Recently overhauled to provide a clean, open-space area, ready to utilise/fit-out.
• Excellent natural light and high ceilings.
• Ideal for showroom, office, food/hospitality, medical applications and many more.
• Five (5) secure basement carparks with 24/7 access.
• Outstanding CBD location close to Rundle St 'East End' cafes & restaurants,
Adelaide Uni, Lot 5 Innovation Hub, Rundle Mall, and Hindmarsh Square.
• Situated right on Adelaide's major east/west bus route.
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Property Details for Lot 1/187 Grenfell St, Adelaide

Building Type
Commercial
Floor Size
441m2
Land Size
442m2

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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 17,967 properties. Over the last 5 years, Houses in Adelaide have seen a 53.55% increase in median value, while Units have seen a 20.33% increase. As at 31 August 2024:

  • The median value for Houses in Adelaide is $1,105,627 while the median value for Units is $502,014.
  • Houses have a median rent of $613 while Units have a median rent of $570.
There are currently 174 properties listed for sale, and 85 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1090 properties were sold in the past 12 months in Adelaide.

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Tony Ricketts
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RWC Adelaide Asset Management
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Disclaimer
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.