151 South Terrace, Adelaide, SA 5000 sold on 01 May 2026 | OnTheHouse
SOLD
Sold on 01 May 2026 for $18,150,000

151 South Terrace
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: 140
Land area: 1300m2
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Property Details for 151 South Tce, Adelaide

Building Type
Commercial
Land Size
1300m2
Local Government
Adelaide
Lot/Plan
A3/D22151

Last Listing description (April 2023)

151 South Terrace provides 3,321 square metres* of professional offices, over 3 levels and includes 44% interest in Holland Street Car Park. The 3-level building has undergone an extensive upgrade including new services, utilities and modern amenities being integrated into the building to a high standard, achieving a NABERS Rating of 4.5 stars, and positioning 151 South Terrace as a fantastic low maintenance, passive investment opportunity.

The building is 100% occupied by reputable and well established businesses including Relationships Australia, Myob and Barkuma providing a diversified and secure income stream.

The key investment features of this offering include:

-Recently upgraded building with a 4.5 star NABERS rating
-Estimated fully leased net income of $1,134,008
-3 levels comprising 3,321sqm* with additional activated laneway access
-140 bays (44% interest) in Holland Street Car Park
-Enviable 7.7 year WALE
-Located at the gateway of the CBD
-5 minute tram ride to city centre
-Fully leased to established and quality tenants, offering diversified and secure income stream.

151 South Terrace, Adelaide and a portion of Holland Street Car Park is being offered For Sale by Private Treaty.

For more information or to arrange an inspection please contact the agents.

Property History for 151 South Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$18,150,000
01 May 2026
Listed for Rent
$7/w
12 Jul 2021
  • 01 May 2026
    Sold for $18,150,000
  • 11 Jul 2022
    Listed for Sale Please contact agent
  • 28 Oct 2019
    Listed for Sale POA
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the 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 18,798 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:

  • The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 158 properties listed for sale, and 89 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1279 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.