408 King William StreetAdelaide SA 5000
Property Details for 408 King William St, Adelaide
Last Listing description (July 2025)
RWC Adelaide are pleased to present to market 408 King William Street, Adelaide.
Unlock the potential of one of Adelaide's most coveted locations with this premium, triple-fronted development site. Positioned right on the bustling King William Street, with immediate access to the tram and public transport, this high-visibility site offers limitless opportunities for commercial or residential development. The area is brimming with life, offering an exciting mix of trendy cafes, bars, and retail hotspots just moments away.
Boasting a generous 1,408sqm* of prime real estate and a building area of 1,826sqm*, this property is the perfect canvas for developers looking to create something truly iconic in the heart of Adelaide. Whether you're envisioning a dynamic office space, residential complex, or a vibrant mixed-use development, this site provides the ideal foundation.
Currently leased with holding income, the property is set up with food & beverage facilities on the lower level and office tenancies above. Just a stone's throw from the famous Adelaide Central Market and surrounded by some of the city's best food, drink, and lifestyle options, the location is second to none.
Key highlights include:
Triple fronted premium development site (King William Street 46m, Gilles Street 30m, Gilles Lane 46m)
Site area of 1,408sqm* with a building area of 1,826sqm*
Valuable holding income in place
Capital City Zoning allowing development up to 53m
Bustling King William Street location nearby tram and public transport accessibility
Surrounded by cafe, lifestyle and retail hotspots, within a stone's throw from the Adelaide Central Markets
408 King William Street is offered for Sale via Expression of Interest closing Wednesday the 16th April at 4pm (ACST) unless sold prior.
For more information or to arrange an inspection please contact the listing agents at RWC Adelaide.
Property History for 408 King William St, Adelaide, SA 5000
- 13 Mar 2025Listed for Sale Contact listing agent
- 03 Oct 2023Listed for Rent $54,375 / year
- 11 May 2023Listed for Sale Contact Agent
Recent sales nearby
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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 18,496 properties. Over the last 5 years, Houses in Adelaide have seen a 44.25% increase in median value, while Units have seen a 37.95% increase. As at 31 December 2025:
- The median value for Houses in Adelaide is $1,194,887 while the median value for Units is $586,935.
- Houses have a median rent of $630 while Units have a median rent of $615.
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