Nestled on Grenfell Street within the East-end of the Adelaides CBD, only one street over and parallel to Adelaides most active Caf, Restaurant and Retail precincts that is Rundle Street lies an iconic and historical faade home to an assembly of boutique retail shops, cafs and office occupiers. Mastracorp is proud to offer For Sale an opportunity to acquire number 238 (Grenfell Street), a piece of this unique strip of shops which presents numerous possibilities to both the business occupiers and astute investors.
Enjoying 71 sqm of total floor area, distributed over two levels, the property has all the charm that is expected from a place of heritage significance but without compromise, as it relishes the natural light via the vibrant Victorian-era window front and clean, modernised internal fit-out.
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:
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