18 Rowlands Place, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

18 Rowlands Place
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 10m2
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Property Details for 18 Rowlands Pl, Adelaide

Building Type
Commercial
Year Built
2013
Land Size
10m2
Local Government
Adelaide

Last Listing description (July 2025)

RWC Adelaide are pleased to present a rare chance to own 46 fully leased luxury apartments in the heart of Adelaide's booming CBD.

18 Rowlands Place offers investors a low-risk asset just metres from Chinatown and the $400m Central Market redevelopment. With strong fixed income, future flexibility, and unrivalled location, this is your opportunity to secure a premium residential portfolio in one line.


Key investment highlights:
• Passing net income of $1.32m pa (as at August 2025)
• 46 fully leased apartments all under one head lease to Dreamy Rowlands Pty Ltd
• Prime CBD location only 100m from Chinatown and the Central Markets
• 8.1 Star energy rating, Adelaide's first high-efficiency residential tower
• Fixed increases + CPI upside - income grows annually with built in reviews
• Flexible lease structure where lessor can terminate with 3 months' notice
• Ideal future use with huge demand drivers such as Airbnb/short stay potential
• Tram, law precinct office hubs and more all within a walkable distance

18 Rowlands Place, Adelaide is being offered for sale by Expressions of Interest closing, Thursday 21st August at 4pm (ACST).

To find out more please get in touch with RWC Adelaide.

Property History for 18 Rowlands Pl, Adelaide, SA 5000

A timeline of how this property has performed in the market
Listed for Rent
$700/w
27 May 2019
  • 21 Jul 2025
    Listed for Sale Contact listing agent
  • 27 Sep 2022
    Listed for Sale Contact Agent
  • 11 Nov 2019
    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 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% 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 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.

Adelaide has 18,759 properties. Over the last 5 years, Houses in Adelaide have seen a 44.76% increase in median value, while Units have seen a 34.32% increase. As at 28 February 2026:

  • The median value for Houses in Adelaide is $1,195,229 while the median value for Units is $566,972.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 135 properties listed for sale, and 92 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1267 properties were sold in the past 12 months in Adelaide.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.