SOLD
Sold on 27 Dec 2023 for $2,035,000

130 Sturt Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 325m2
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Property Details for 130 Sturt St, Adelaide

Building Type
Commercial
Land Size
325m2
Local Government
Adelaide
Lot/Plan
A22/D41841

Last Listing description (November 2023)

Colliers is proud to present for sale this brilliantly presents commercial opportunity in the trendy and popular southwest Adelaide CBD precinct.

Just a short walk from the central markets, law courts, core CBD and public transport amenity, 130 Sturt Street, Adelaide offers bespoke improvements comprising a total area of approximately 346 square metres* across office and warehouse and is ideally suited to owner occupiers looking to establish or grow their business in the city.

Contained in a single Certificate of Title, the zoning envisages build heights up to 6 levels (stnc) offering long term development potential. The property currently has development approval for a mezzanine level extension offering ability to increase the trendy office amenity with upstairs space and courtyard.

Having recently undergone significant refurbishment, the property currently comprises a mixtures of open plan office, meeting rooms, reception, board room, compliant toilet amenities, kitchen and rear warehousing. The property offers genuine flexibility to suit a range of commercial and consulting types uses.

For further information or to arrange an inspection please contact the Colliers Team.

Key Features
346sqm* of flexible floor space
New toilet and kitchen amenity
325sqm* of land holding
Existing DA for mezzanine extension
Ample on street car parking
Maximum building height up to 6 levels (stnc)
Zoned City Main Street

*approx

Property History for 130 Sturt St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$2,035,000
27 Dec 2023
Listed for Rent
$420/w
13 Nov 2023
  • 27 Dec 2023
    Sold for $2,035,000
  • 13 Nov 2023
    Listed for Rent - Price not available
  • 18 Aug 2023
    Listed for Sale Please contact agent
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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 17,717 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 90 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1000 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.