121 Grenfell StreetAdelaide SA 5000
Property Details for 121 Grenfell St, Adelaide
Last Listing description (February 2026)
NAI Harcourts is proud to present 121 Grenfell Street, Adelaide SA 5000 - a rare and highly strategic CBD corner landholding positioned in the absolute heart of Adelaide's commercial spine.
This prominent dual-frontage property to Grenfell Street and Hyde Street offers isubstantial upside.
Site Area: 744 sqm*
Capital City Zone - No Prescribed Height Limit (STCC)
Prime corner position with dual street exposure
Rear access + on-site car parking
Underutilised asset with clear rental reversion potential
The property comprises a striking two-storey heritage building with basement, originally constructed in 1926-1927, retaining strong architectural character and adaptability.
Strategically located moments from Rundle Mall, Hindmarsh Square, premium office towers, hotels and major transport links - this is a genuine opportunity to secure a landmark CBD asset with multiple pathways for value creation.
For Sale by International Expressions of Interest
Closing Friday, 27 March 2026 at 5:00pm (ACDT)
Contact:
Con Kavooris - 0411 883 338
Gary Taplin - 0412 824 575
Property History for 121 Grenfell St, Adelaide, SA 5000
- 17 Feb 2026Listed for Sale Price on Application
- 13 Jun 2025Transferred
- 27 Oct 2019Listed for Sale Not Disclosed
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 18,808 properties. Over the last 5 years, Houses in Adelaide have seen a 43.98% increase in median value, while Units have seen a 37.56% increase. As at 31 March 2026:
- The median value for Houses in Adelaide is $1,210,028 while the median value for Units is $585,713.
- Houses have a median rent of $670 while Units have a median rent of $620.
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