SOLD
Sold on 01 May 2024 for $2,840,000

2/104 Frome Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 13m2
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Property Details for 2/104 Frome St, Adelaide

Building Type
Commercial
Land Size
13m2
Local Government
Adelaide
Lot/Plan
U2/S7304

Last Listing description (April 2017)

Frome Centre comprises five (5) levels of quality office accommodation and a secure basement car-park in Adelaide's prime Frame office precinct.

On offer is a fully fitted and partitioned second floor tenancy providing a rare opportunity to move in with little capital outlay. The 'whole of floor' tenancy provides an exceptional and comprehensive fit-out throughout including quality reception and waiting areas, multiple partitioned executive offices, executive board room, fully equipped open plan workstations, meeting rooms, break out room and a dedicated computer room. The current configuration provides accommodation for 36 staff.

Separate toilets and a tearoom service each level with two (2) passenger lifts providing access to all levels including the car-park. A handicapped toilet and shower are also located on the ground floor.

Up to 6 secure basement car parks are available onsite. There is ample on-street parking along Frome Street and major multi-deck car parks are within easy walking distance.

Offering exceptional value with the inclusion of the quality fit out, this is an opportunity not to be missed!

For Lease: 104 Frome Street, Adelaide (Level 2 - whole of floor)
Lease Area: Nett Lettable Floor Area 980.6 sqm
Rental: Price on application

Contact David Buenfeld 0416 045 675 or Stan Tettis 0409 286 820

RLA 231015

Property History for 2/104 Frome St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$2,840,000
01 May 2024
Listed for Rent
$7.86k/w
28 Jan 2016
  • 01 May 2024
    Sold for $2,840,000
  • 23 Dec 2014
    Listed for Rent - Price not available
  • 01 Sep 2008
    Sold for $2,500,000

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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 17,714 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, 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.