GROUND FLOOR/98-100 Frome StreetAdelaide SA 5000
Property Details for Ground Floor/98-100 Frome St, Adelaide
Last Listing description (July 2024)
Located in the heart of Adelaide's bustling city center, this property on Frome Street offers a prime opportunity for investors or business owners looking to establish themselves in a high-traffic area.
With a spacious building area of 178sqm, this property boasts ample space for a variety of retail ventures.
Situated on a vibrant urban street, this property benefits from excellent foot traffic and visibility making it a flexible option for those looking to make a strategic investment in Adelaide's thriving market.
Don't miss out on this fantastic opportunity - Enquire now!
Property History for Ground Floor/98-100 Frome St, Adelaide, SA 5000
- 22 Jul 2024Listed for Rent - Price not available
- 24 Jan 2024Sold for $850,000
- 03 Oct 2023Listed for Sale AUCTION
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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 17,718 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.
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