353-357 King William Street, Adelaide, SA 5000 sold on 15 July 2025 | OnTheHouse
SOLD
Sold on 15 Jul 2025 for $7,480,000

353-357 King William Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 780m2
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Property Details for 353-357 King William St, Adelaide

Building Type
Commercial
Land Size
780m2
Local Government
Adelaide
Lot/Plan
A96/F170834

Last Listing description (July 2025)

RWC Adelaide are proud to exclusively present for sale the 'King's Head' at 353-357 King William Street, Adelaide.

Prominently located along King William Street, the King's Head is now ready for the next stage of it's life with exciting development approvals in place. Well located along the tramline and in walking distance to some of the best food and beverage options the Adelaide CBD has to offer, savvy developers will love the flexibility of bringing to life the current plans or tweaking them to add your own touches to the project.


The property offers the below investment highlights:

• High profile corner position in the Adelaide CBD
• Triple fronted site of 780 sqm* with approximately 82 m* of total frontage
• Favourable Capital City zone with height allowances up to 53m
• Existing planning approvals for 16 storey mixed use development
• Strong existing demand from Serviced Apartment operators with agreements in place which can be transferred
• Potential to convert existing improvements for alternative commercial uses
• Offered with vacant possession with no stamp duty payable

353-357 King William Street, Adelaide is offered for sale by Expression of Interest closing Thursday 31st October at 4pm (ACDT)

For Sale by Mortgagee in Possession

For further information please contact the RWC Adelaide team.

Property History for 353-357 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$7,480,000
15 Jul 2025
  • 15 Jul 2025
    Sold for $7,480,000
  • 13 Jan 2025
    Listed for Sale Contact listing agent
  • 02 Oct 2024
    Listed for Sale Contact listing 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 18,493 properties. Over the last 5 years, Houses in Adelaide have seen a 42.19% increase in median value, while Units have seen a 34.49% increase. As at 30 November 2025:

  • The median value for Houses in Adelaide is $1,174,343 while the median value for Units is $580,952.
  • Houses have a median rent of $650 while Units have a median rent of $610.
There are currently 126 properties listed for sale, and 96 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1248 properties were sold in the past 12 months in Adelaide.

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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.