21 Franklin StreetAdelaide SA 5000
Property Details for 21 Franklin St, Adelaide
Last Listing description (March 2022)
An opportunity to purchase this Iconic & stylish CBD building, 'Faraway House' at 21 Franklin Street, Adelaide is now available!
- High profile site of 444 sq m with a very significant right of way from Franklin through to Grote Street.
- High Rise development prospects (stcc)
- 12 month leaseback available.
- Substantial future development potential close to Adelaide Central Markets, Adelaide Bus station, Chinatown, Courts & Legal precincts, and to Victoria Square.
- Valuable 9 meter exposure to Franklin Street & additional frontage to Trades Hall Lane.
- Easy walk to Uni SA, Rundle Mall and to North Terrace Medical Precinct
Expressions of Interest close on Thursday, 18th November 2021 at 4.00pm (ACST) (unless sold prior)
To discuss this opportunity further or to request a copy of the Information Memorandum, please call Tony Ricketts on 0418 827 911, or email on tony.ricketts@raywhite.com
Property History for 21 Franklin St, Adelaide, SA 5000
- 31 Jan 2022Sold for $4,700,000
- 07 Oct 2021Listed for Sale Expression of Interest
- 17 Apr 2008Listed for Rent - Price not available
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 18,502 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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