11 O'Connell Street, North Adelaide, SA 5006 | Commercial for sale | OnTheHouse
 
FOR SALE
Under Contract - EOI Closing 27th of July

11 O'Connell Street
North Adelaide SA 5006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 125m2
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Tenanted Investment - New 5 Year Lease + 1 x Carpark

Century21 Commercial Adelaide is proud to present 11 O'Connell Street, North Adelaide — a rare opportunity to own a premium commercial property in one of Adelaide's most iconic and tightly held lifestyle precincts.
Perfectly positioned among North Adelaide's established retail, dining, and entertainment destinations, this ground-floor strata unit offers excellent street exposure, strong passing foot traffic, and a highly flexible layout to suit hospitality, retail, office, or consulting uses (STNC).
Ideal for investors
Key Highlights:
- Floor Area 125 sqm*
- One Car Park Included
- Freshly new lease
- Yearly net income $60,000
- 5 Years lease with 2 renewals
- Walkable to Adelaide Oval, the CBD, hospitals, and residential zones
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Property Details for 11 O'Connell St, North Adelaide

Building Type
Commercial
Floor Size
125m2
Land Size
125m2
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About North Adelaide 5006

The size of North Adelaide is approximately 5.1 square kilometres. There are 40 parks, covering nearly 57.8% of the total area. The population of North Adelaide in 2016 was 6950 people. By 2021 the population was 6823 showing a population decline of 1.8% 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 2021, 50.60% of the homes in North Adelaide were owner-occupied compared with 48.80% in 2016.

North Adelaide has 4,896 properties. Over the last 5 years, Houses in North Adelaide have seen a 45.62% increase in median value, while Units have seen a 84.79% increase. As at 31 July 2026:

  • The median value for Houses in North Adelaide is $1,620,421 while the median value for Units is $931,554.
  • Houses have a median rent of $725 while Units have a median rent of $620.
There are currently 17 properties listed for sale, and 13 properties listed for rent in North adelaide on OnTheHouse. According to Cotality's data, 255 properties were sold in the past 12 months in North adelaide.

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Ronald Ozeri
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Matt Lazarus
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