17/238 Grenfell Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

17/238 Grenfell Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 43m2
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Property Details for 17/238 Grenfell St, Adelaide

Building Type
Commercial
Land Size
43m2
Local Government
Adelaide
Lot/Plan
U17/S13337

Last Listing description (August 2020)

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.


For those seeking to owner-occupy the property adding their own business application to the already diverse boutique strip. Of course, this is without comprise as it is the perfect addition to any portfolio with consistent and healthy low-risk returns and simultaneously appreciating in capital growth over time.

Features of note include:

- 71 sqm* Total Building Area distributed over Two Levels

- 12m Frontage to Grenfell Street

- Character timber floor boards throughout

- Zoned: Capital City State Heritage Place

- Steps from Rundle Street and Parklands

- Inspection A Must!

If you would like more information or to view this property contact Nicolas Mastrangelo on 0401 790 753 or Pasquale on 0409 465 863 or the Mastracorp Real Estate office on 08 8212 0140

*Approx.

Property Code: 1806

Property History for 17/238 Grenfell St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$528,000
11 Dec 2020
  • 11 Dec 2020
    Sold for $528,000
  • 15 Oct 2019
    Listed for Sale $539,750
  • 28 Jun 1995
    Sold for $150,000
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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 18,816 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.
There are currently 167 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1261 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.