SOLD
RECENT ADVICE
Sold on 19 Jul 2024 - Price Unavailable

145 Grote Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 1200m2
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Property Details for 145 Grote St, Adelaide

Building Type
Commercial
Floor Size
300m2
Land Size
1200m2

Last Listing description (July 2024)

RWC Adelaide in conjunction with Knight Frank are privileged to present one of, if not the most recognisable corner sites in the Adelaide CBD.

With some $1.5 billion plus in development planned and approved across hotel, high rise residential, retail and office uses in the West End of the Adelaide CBD, the location's growth story is now unmatched.

We draw developers, land bankers and savvy investors to the site's key investment considerations:

• High profile corner position in the CBD's trendy West End
• Dual fronted site of 1,200sqm* with in excess of 65m of frontage
• Valuable income from long standing tenant Kennards Hire
• Capital City Zone with height allowances up to 53m
• Within walking distance to Chinatown, Central Market and Universities

For sale by EOI closing Thursday 11th July at 4pm (ACST).

For all the relevant details and to inspect the property, please contact the exclusive selling agents.

Property History for 145 Grote St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
19 Jul 2024
  • 18 Nov 2024
    Transferred
  • 18 Nov 2024
    Transferred
  • 19 Jul 2024
    Sold
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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 18,023 properties. Over the last 5 years, Houses in Adelaide have seen a 56.83% increase in median value, while Units have seen a 30.63% increase. As at 30 November 2024:

  • The median value for Houses in Adelaide is $1,134,010 while the median value for Units is $534,563.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 165 properties listed for sale, and 89 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 988 properties were sold in the past 12 months in Adelaide.

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Oliver Totani
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Jack Dyson
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RWC 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.