16/108 King William StreetAdelaide SA 5000
Property Details for 16/108 King William St, Adelaide
Last Listing description (August 2023)
Belle Property Commercial Adelaide are delighted to present Units 16 & 17, 108 King William Street, Adelaide to the market for sale.
Key highlights include:
Two adjoining Community Titled allotments with combined area of approx. 165sqm
Light and bright tenancy
Leased investment until June 2024 with a further 2-year option
Updated versatile fit-out
Well located in the heart of the Adelaide CBD Core Office precinct
Located on the 6th level
No stamp duty or GST payable
Fantastic opportunity to acquire an affordable commercial investment
Units 16 & 17, 108 King William Street is situated in the Core Office Precinct within the heart of the Adelaide CBD positioned between the business precincts on Grenfell Street and Pirie Street and a short distance south to the Adelaide General Post Office / Victoria Square.
An excellent opportunity to enter the commercial property market with this leased office investment.
For further information, please contact the appointed selling agents:
Lyndon Cocks
Alan Lim
*approx.
RLA 287133
Property History for 16/108 King William St, Adelaide, SA 5000
- 06 Aug 2024Sold for $595,000
- 10 Jul 2023Listed for Sale Enquire Now
- 09 Nov 2018Sold for $430,000
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0About 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 17,727 properties. Over the last 5 years, Houses in Adelaide have seen a 55.29% increase in median value, while Units have seen a 24.26% increase. As at 30 September 2024:
- The median value for Houses in Adelaide is $1,117,950 while the median value for Units is $513,770.
- Houses have a median rent of $615 while Units have a median rent of $570.
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