39/107 Grote Street, Adelaide, SA 5000 | Townhouse for sale | OnTheHouse
 
FOR SALE
Best Offer by 14/07/2026 (U.S.P)

39/107 Grote Street
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
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Vibrant CBD Living with Exceptional Investment Appeal

Perfectly positioned in the heart of Adelaide's thriving CBD, 39/107 Grote Street, Adelaide offers an outstanding opportunity to secure a low-maintenance city residence or a high-performing investment in one of Adelaide's most walkable and connected locations.
Enjoy an enviable lifestyle where everything is literally at your doorstep. Start your mornings with fresh produce and artisan coffee at the iconic Adelaide Central Market, indulge in authentic international cuisine in nearby Chinatown, or explore the endless selection of cafés, restaurants, bars and entertainment venues along Gouger Street and throughout the CBD.
Commuting couldn't be easier, with Adelaide's free City Tram just moments away, providing effortless access to Rundle Mall, Adelaide Railway Station, the Riverbank Precinct and the Entertainment Centre. Major universities, medical facilities and employment hubs are also within easy reach, ensuring strong and consistent rental demand year-round.
Currently leased to excellent tenants, this property offers immediate rental income, making it an ideal set-and-forget investment in a highly sought-after city location.
Spanning three functional levels, the home has been thoughtfully designed to maximise space, privacy and convenience.
The ground floor features a secure lock-up garage with internal access, a bedroom with a BIR and direct access to a private rear courtyard. On the first floor, two well-proportioned bedrooms are serviced by a central bathroom and separate WC, while the upper level is dedicated to open-plan living. Bathed in natural light, the spacious living and dining area seamlessly connects with the well-appointed kitchen, creating the perfect setting for everyday living and entertaining.
Whether you're an investor seeking strong rental returns, a professional looking for a lock-up-and-leave lifestyle, or a future owner-occupier wanting to enjoy the very best of city living, this property represents an exceptional opportunity in a tightly held location.
Why You'll Love It
• Prime CBD location in Adelaide's vibrant west-end precinct
• Currently tenanted, delivering immediate rental income
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Property Details for 39/107 Grote St, Adelaide

39/107 Grote St, Adelaide is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2003. The property has a floor size of 123m2. The place is currently for sale with NOVUS REALTY.

Building Type
Townhouse
Year Built
2003
Floor Size
123m2
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the 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 18,812 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:

  • The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 166 properties listed for sale, and 86 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1259 properties were sold in the past 12 months in Adelaide.

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Oliver Feng
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