187 Franklin Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

187 Franklin Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 874m2
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Property Details for 187 Franklin St, Adelaide

Building Type
Commercial
Land Size
874m2
Local Government
Adelaide
Lot/Plan
A346/F181188

Last Listing description (June 2022)

The property is located in the western precinct of the CBD, where significant development has been experienced over recent years, particularly by new high rise apartments, hotels, retail and office developments.

Close proximity to the upgraded University campus district, SAHMRI, Bio Medical precinct and the new Royal Adelaide Hospital.

A variety of public services are within walking distance including Victoria Square & China Town, together with a wide-ranging mix of cafes, restaurants and service based commercial businesses.

Importantly, the property is at the corner of Franklin Street and Byron Place where it enjoys good prominence and exposure.

The property presents as functional accommodation measuring some 555sqm which is suited to a variety of categories, ideally large format and service trade.

Features of the tenancy include; high clearance exposed ceiling, suspended high bay LED lighting, air-conditioning, tiled floor and staff amenities.

Strong street front elevation with generous signage opportunity (plus pylon signage).

- Automated glazed double door entry on shopfront
- 2x roller access doors along the Bryon Place frontage
- 10x dedicated onsite car parks together with additional street parking.

Property History for 187 Franklin St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Listed for Rent
$2.36k/w
07 Feb 2022
  • 30 Jan 2020
    Listed for Rent - Price not available
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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 18,503 properties. Over the last 5 years, Houses in Adelaide have seen a 44.25% increase in median value, while Units have seen a 37.95% increase. As at 31 December 2025:

  • The median value for Houses in Adelaide is $1,194,887 while the median value for Units is $586,935.
  • Houses have a median rent of $630 while Units have a median rent of $615.
There are currently 136 properties listed for sale, and 95 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1248 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Cotality Copyright and Legal Disclaimers about Property Data
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.