115 Waymouth Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

115 Waymouth Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 229m2
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Property Details for 115 Waymouth St, Adelaide

Building Type
Commercial
Land Size
229m2
Local Government
Adelaide
Lot/Plan
A1/F125742

Last Listing description (September 2025)

Position your business where the action is - in the bustling core of Adelaide's CBD. Offering not one, but two separate lease opportunities, this is your chance to step up your next business venture or expand your portfolio with long-term growth potential and fixed leases available.

Situated on busy Waymouth Street, you'll benefit from high visibility, strong foot traffic, and seamless connections to surrounding businesses, public transport and Adelaide's thriving city workforce.

Key Features:

Shopfront on Waymouth Street - currently operating as a Kebab shop, perfect for food, retail, or service-based businesses.
Fully Equipped Shopfront - includes a commercial-grade kitchen and powder room, ready to support hospitality or catering operations.
Convenient Access & Parking - street and rear parking via Eliza Street for staff and customers.
Versatile Warehouse/Workshop - rear access via Eliza Street with full bathroom (including shower), kitchenette, and roller door entry.
Office & Storage - warehouse includes a designated office area and upper-level storage, ideal for flexible business use.
High-Ceiling Clearance - offering practicality for workshops, storage, or distribution needs.

Adelaide's CBD is the thriving heart of South Australia, offering an unbeatable mix of business, culture, and convenience. Waymouth Street, in particular, is a prime commercial location, positioned within walking distance to the Adelaide Central Market, Rundle Mall, Victoria Square, and the bustling laneway caf and dining scene. The area is well serviced by public transport, with nearby tram and bus routes providing easy access across the city and to the airport, while ample parking options support staff and visitors alike. Surrounded by major office towers, government buildings, banks, and education hubs such as UniSA and TAFE SA, this precinct attracts strong foot traffic and business activity. For businesses, the Waymouth Street location delivers a professional address in the heart of Adelaide's commercial core, with the added benefit of lifestyle amenities right at the doorstep - from cafes and restaurants to gyms, hotels, and cultural attractions.

Insurance PA | $5,550
Council Rates PA | $3,009.85 (Unit 1)
Council Rates PA | $2,544.77 (Unit 2)

Unit 1 Lease Details:
1/03/2025 - 29/02/2028 (3 Year Lease Currently In Place)
$37,500 Plus GST & Outgoings
Land Tax:

Unit 2 Lease Details:
15/08/2024 - 14/08/2026 + Lease Renewal 3 Years
$29,500 Plus GST & Outgoings

To place an offer on this property, please click the link here - https://portal.reaforms.com.au/purchaser/115-117-waymouth-street-adelaide-sa-5000-4ocw8vckq3csbwlpq4mrdnp5v

Disclaimer: Neither the Agent nor the Vendor accepts any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and is advised to enquire directly with the agent to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Property History for 115 Waymouth St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Transferred
$1
06 Apr 2023
Listed for Rent
$527/w
10 Jul 2017
  • 21 Aug 2025
    Listed for Sale Contact Agent
  • 06 Apr 2023
    Transferred for $1
  • 17 Mar 2023
    Sold for $1
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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 18,504 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:

  • 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.
There are currently 138 properties listed for sale, and 97 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1250 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.