16 Grenfell StreetAdelaide SA 5000
Property Details for 16 Grenfell St, Adelaide
Last Listing description (May 2017)
A quality two-storey retail or office building located in the heart of Grenfell Street in the Adelaide CBD. Ideally suited to a service industry provider requiring prominent ground level exposure with provision for some additional office accommodation on the first floor. The building is located on the northern side of Grenfell Street between King William Street and James Place in the heart of the Adelaide CBD. Valuable rear access from Imperial Place is available.
16 Grenfell Street is the perfect opportunity to be situated in a prominent CBD location with excellent ground floor exposure. The property offers good natural light, high volume of passing traffic, a central location with a short walk both to Rundle Mall & King William Street and rear access. The property is offered for sub-lease until July, 2013, an assignment of lease (3 year option period) or alternatively a longer lease term could be negotiated with the Landlord.
Prominent signage opportunities are available subject to the appropriate consents.
Property History for 16 Grenfell St, Adelaide, SA 5000
- 30 Jun 2016Listed for Rent $58,800 / year
- 11 Apr 2016Listed for Rent $52,500 / year
- 12 Jan 2016Listed for Rent $58,800 / year
Recent sales nearby
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0About 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 18,816 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.
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