145 Franklin Street, Adelaide, SA 5000 sold on 16 July 2025 | OnTheHouse
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Sold on 16 Jul 2025 - Price Unavailable

145 Franklin Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 935m2
Land area: 1043m2
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Property Details for 145 Franklin St, Adelaide

Building Type
Commercial
Floor Size
935m2
Land Size
1043m2

Last Listing description (July 2025)

RWC Adelaide are proud to exclusively present for sale 145 Franklin Street, Adelaide SA.

Positioned on one of the main intersections of the Adelaide CBD, 145 Franklin Street offers developers the chance to reshape Adelaide's skyline.

With valuable holding income in place, no GST applicable and no stamp duty payable, it's hard to look past what will be one of the best development site offerings of 2025.

Key property attributes:

• High profile Adelaide CBD positioning on the corner of Franklin Street & Morphett Street
• Large single titled allotment of 1,043sqm* with dual street frontages of 32m*
• Impressive modern built form offering 935sqm* NLA across five tenancies, plus common areas, courtyard, staff amenities and storage space
• Varying lease profiles offering strong holding income, with redevelopment clauses within leases
• Favourable Capital City zoning suiting high-rise mixed-use development up to 53m
• Potential for student accommodation, hotel, commercial offices, retail, apartments (stcc)
• No GST and no stamp duty payable

145 Franklin Street, Adelaide, is offered for sale by Expression of Interest closing Thursday 12th June at 4pm (ACST).

For further information please contact the exclusive selling agents at RWC Adelaide.

*Approx.

Property History for 145 Franklin St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
16 Jul 2025
Listed for Rent
$1.84k/w
04 Dec 2025
  • 04 Dec 2025
    Listed for Rent - Price not available
  • 16 Jul 2025
    Sold
  • 12 May 2025
    Listed for Sale Contact listing agent
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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 18,493 properties. Over the last 5 years, Houses in Adelaide have seen a 42.19% increase in median value, while Units have seen a 34.49% increase. As at 30 November 2025:

  • The median value for Houses in Adelaide is $1,174,343 while the median value for Units is $580,952.
  • Houses have a median rent of $650 while Units have a median rent of $610.
There are currently 127 properties listed for sale, and 96 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1248 properties were sold in the past 12 months in Adelaide.

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Oliver Totani
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Jack Dyson
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RWC 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.