Located towards the western end of Franklin Street the property is well positioned with a lot of activity underway in the area. Accessible to public transport and is within walking distance of major city precincts such as the Adelaide Central Markets and Rundle Mall.
The property offers 250sqm*, with the front section recently refurbished and partitioned off as an office/showroom. This Property also includes 4 onsite valuable car parks.
Large glass frontage allows for excellent exposure opportunities onto Franklin Street and the development of the new Royal Adelaide Hospital provides a fantastic opportunity for complimentary services to become established nearby.
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 18,504 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:
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