129 Archer StreetNorth Adelaide SA 5006
Property Details for 129 Archer St, North Adelaide
Last Listing description (November 2023)
This gorgeous, beautifully renovated, Bluestone fronted Commercial premises (c1865 approx.) is in the heart of the retail square mile of upper North Adelaide.
Directly across from the iconic North Adelaide Village and diagonally opposite the 88 O'Connell retail precinct, the address could not be better than this! Next door to popular Cibo Caf, this immaculately presented cute little shop is position perfect with lots of foot traffic, excellent parking and scope for a myriad of retail, medical or office use.
Currently in a secure lease with flexibility, there is also an opportunity for those who seek a WIWO opportunity to take over the current lease and operation of Gordana's Designer Boutique which has successfully been trading for over 25 years.
Completely renovated, rewired, replastered and replumbed throughout the entire building in 2015 by master craftsmen and under Heritage guidance by City of Adelaide Council, no expense was spared by the fastidious owners in the works & attention to detail of this superb building.
With its own door, large picture window to display wares, deep undercover pavement to the front and direct street parking in the leafy boulevard of Archer Street, there is a lot on offer in this small but very appealing retail/commercial space. Features include storage, bathroom facilities, reverse cycle air conditioning, hardwood floors, beautiful plaster ceilings & cove cornices and fresh bright white painted plaster walls. Simply stunning blue-chip Retail/Commercial premises with a commanding street frontage.
In such a prime Commercial & Residential location in the heart of North Adelaide, this is the final and only opportunity to acquire the last property within this ground level community strata site ~ 129 Archer Street ~ an iconic Bluestone Heritage building. There is no other like this and it is simply too good to miss!
Council: City of Adelaide
CT: Volume 6244 Folio 6
Internal Area: 30sqm (approx.)
Year Built: 1865 (approx.)
Zoning: City Main Street
Property History for 129 Archer St, North Adelaide, SA 5006
- 04 Oct 2024Sold for $450,000
- 06 Nov 2023Listed for Sale $625,000
- 28 Jun 2022Sold for $450,000
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About North Adelaide 5006
The size of North Adelaide is approximately 5.1 square kilometres. It has 40 parks covering nearly 57.8% of total area. The population of North Adelaide in 2011 was 6,678 people. By 2016 the population was 6,969 showing a population growth of 4.4% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation. In 2011, 49.1% of the homes in North Adelaide were owner-occupied compared with 48.8% in 2016.
North Adelaide has 4,725 properties. Over the last 5 years, Houses in North Adelaide have seen a 65.28% increase in median value, while Units have seen a 37.73% increase. As at 31 October 2024:
- The median value for Houses in North Adelaide is $1,503,479 while the median value for Units is $728,363.
- Houses have a median rent of $700 while Units have a median rent of $550.
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