SOLD
Sold on 25 Apr 2024 for $2,450,000

97 Currie Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1300m2
Land area: 339m2
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Property Details for 97 Currie St, Adelaide

Building Type
Commercial
Year Built
1925
Floor Size
1300m2
Land Size
339m2
Local Government
Adelaide
Lot/Plan
A553/F181395

Last Listing description (September 2021)

CBRE are proud to present 97 Currie Street to market for sale available via Expressions of Interest. This prime positioned, freehold CBD asset is located directly opposite the brand new 5-star Sofitel Hotel and offers the purchaser a blank canvas opportunity. Situated less than 350 metres from King William Street and within 800 metres from the $3.6 billion Bio Medical City, purchase with confidence knowing the demand for this location will always remain a strength.

There has never been a better time to invest in the Adelaide market

Key investment highlights include:

Prime positioned, value add four-story building
Blank canvas with fantastic views from upper levels
Modern lift with a total NLA of 893 sqm*
Rear lane access with site area of 345 sqm*
9.75m of frontage to Currie Street
Full flexibility with no heritage listing
Capital City Zoned (Policy 13 - Central Business)

FOR SALE VIA EXPRESSION OF INTEREST CLOSING 4PM THURSDAY 13TH MAY 2021

Please contact the listing agents for more information.

*Approximately

Property History for 97 Currie St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$2,450,000
25 Apr 2024
Listed for Rent
$1.19k/w
14 Aug 2011
  • 25 Apr 2024
    Sold for $2,450,000
  • 09 Jul 2021
    Sold for $4,290,000
  • 16 Apr 2021
    Listed for Sale 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 17,716 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 182 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 993 properties were sold in the past 12 months in Adelaide.

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Disclaimer
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.