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

209 Franklin Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 254m2
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Property Details for 209 Franklin St, Adelaide

Building Type
Commercial
Land Size
254m2
Local Government
Adelaide
Lot/Plan
A104/D42366

Last Listing description (December 2020)

209 Franklin Street represents a rare opportunity for owner occupiers, investors and developers to acquire a charming character building situated on a prime corner site in Adelaides rapidly developing west end.

This unique mixed-use property is currently disposed as ground floor professional offices with a beautiful light filled residence above.

We further highlight some key details for your consideration:

Character Bluestone Building (no heritage)
380 sqm over 2 levels
Offices + Apartment Upstairs
254 sqm corner site
2 car carport
Zoned Capital City 53m height limit

With an ideal city centre location, the property sits strategically on the corner of Franklin Street and Morney Street. Franklin Street is a main street in the centre of Adelaide, South Australia which terminates at its western end at West Terrace. The eastern end merges into the northern edge of Victoria Square and continues across King William Street as Flinders Street.

This location in the western quadrant of the Adelaide CBD is undergoing unprecedented growth due in part to the new Royal Adelaide Hospital, the development of the Biomedical Precinct along North Terrace, and the continuing expansion of the Universities.

The property is within walking distance to Light Square and the vibrant Hindley Street and North Terrace, as well as Adelaides renowned Central Market and Chinatown Precinct, and a short distance from the CBD core.

Contact the exclusive selling agents for more details.

David Buenfeld
Alan Lim

*Approx.

RLA 287133

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Property History for 209 Franklin St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$1,936,000
01 May 2023
  • 01 May 2023
    Sold for $1,936,000
  • 18 Dec 2020
    Sold for $1,595,000
  • 28 Aug 2020
    Listed for Sale Contact Agent
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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 18,506 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 139 properties listed for sale, and 97 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1248 properties were sold in the past 12 months in Adelaide.

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