122-126 Grenfell StreetAdelaide SA 5000
Property Details for 122-126 Grenfell St, Adelaide
Last Listing description (April 2023)
We are pleased to present 122 Grenfell Street for lease. Located at the base of the IBIS Hotel the retail tenancy consists of 69 sqm and has been occupied by SGIC for the past 5 years since the hotel was constructed. The tenancy benefits from a full-height glazed shop front with excellent signage opportunities.
Located close to the junction of Hindmarsh Square, close to both Regent and Adelaide Arcade the tenancy is also a stone's throw from Rundle Mall.
Property Highlights:
Inside/in close proximity to Rundle Mall, multiple hotels, offices and the University of Adelaide.
Prime CBD property with high-volume traffic.
69sqm* floor area.
Property History for 122-126 Grenfell St, Adelaide, SA 5000
- 18 Jun 2021Listed for Rent - Price not available
- 09 Oct 2019Listed for Sale $5,900,000
- 05 Oct 2016Listed for Rent - Price not available
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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 17,725 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.
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