193-197 Waymouth StreetAdelaide SA 5000
Property Details for 193-197 Waymouth St, Adelaide
Last Listing description (March 2023)
CBRE Metropolitan Investments are excited to present to market the next logical site in the continued development of the western end of the Adelaide CBD.
The west of Adelaide's CBD has gone from strength to strength over the past few years as the Biomedical Precinct and Universities continue to grow and evolve. Located in close proximity to this exciting hive of activity, 193-197 and 198 Waymouth Street is perfectly located to capitalise on this current growth.
Having been occupied by Koorong Books since 1998, the existing improvements on 198 Waymouth Street total roughly 1,349sqm* of retail showroom on 1,374sqm* of land. Directly across the road is 193-197 Waymouth Street which consists of 19 car parks on 543sqm* of land.
Offered in one line or individually, the site has holding income until the end of June 2024. For groups looking to redevelop the property earlier there are vendor favourable redevelopment clauses contained in the lease.
With a successful apartment project already coming out of the ground next door, 193-197 and 198 Waymouth Street is a site not to be missed.
Other key highlights include:
Total site area of 1,917sqm*
Offered with holding income until June 2024
Zoned Capital City allowing up to 43m* of development
Close proximity to Biomedical Precinct and Universities
Over 40m* of total frontage to Waymouth Street
No stamp duty applicable
193-197 and 198 Waymouth Street, Adelaide are offered for sale in one line or individually
Please contact the sole marketing agents with any other questions:
Harry Einarson: +61 421 747 442
Ned Looker: +61 448 689 573
Rhyce Scott: +61 422 960 585
Approx*
Property History for 193-197 Waymouth St, Adelaide, SA 5000
- 20 Mar 2023Sold for $2,715,000
- 20 Jul 2022Listed for Sale Contact Agent
- 06 Mar 1998Sold for $725,000
Recent sales nearby
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0About 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 18,504 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.
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