SOLD
Sold on 11 Nov 2024 for $4,788,888

11 Sultram Place
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1530m2
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Property Details for 11 Sultram Pl, Adelaide

Building Type
Commercial
Land Size
1530m2
Local Government
Adelaide
Lot/Plan
A700/D43820

Last Listing description (October 2024)

Ray White Adelaide City Commercial are delighted to present 11 Sultram Place Adelaide SA to the market for sale via Expression of Interest.

A rare and unique offering in the popular South West precinct! Minutes to Gouger Street and Adelaide Central Market, this huge, dual-fronted site will suit a multitude of potential uses.

- Regular shaped, dual fronted site of 1,530 sqm (approx)

- Total building area of 1,262 sqm
- Wilson Car Park with stable rental income
- 1 year + 1 year, commencement from February 2023
- Gross rent $103,200 GST exl
- Concepts development drawings available upon request
- Located 400 metres from Gouger Street and 600 metres to Adelaide Central Market
- Zoned Capital City Zone - Adelaide City Council

For further information or to arrange an inspection please contact Chris Xu 0433 770 616 or Andrew Downing 0404 882 311

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.

Property History for 11 Sultram Pl, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$4,788,888
11 Nov 2024
  • 11 Nov 2024
    Sold for $4,788,888
  • 15 Jan 2024
    Listed for Sale Contact Agent
  • 28 Aug 2023
    Listed for Sale Expression Of Interest (EOI)
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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 17,720 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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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.