241-245 Waymouth StreetAdelaide SA 5000
Property Details for 241-245 Waymouth St, Adelaide
Last Listing description (November 2023)
*********UNDER CONTRACT *************
Leased investment with future redevelopment upside in the burgeoning West End.
These CBD warehouses are becoming increasingly more difficult to find.
245 Waymouth Street, Adelaide presents as an unmissable opportunity. Currently leased until October 2024, there is the option for continued investment, owner occupation, or redevelopment (STCC).
KEY FEATURES
Rare and versatile CBD workshop/warehouse
534 square metres* Gross Building Area
505 square metres* Site Area
17.4 metre* frontage to Waymouth Street
Comprised of workshop/warehouse, office, and amenities
Front and rear roller doors with valuable rear laneway access
The property has been recently refurbished and presents extremely well
Leased until 31/10/2024 with one option for a further 3 years
No stamp duty or GST
Zoned Capital City 43 Metre Height Limit
6 month redevelopment clause
Easy access to public transport and nearby University campuses, Chinatown and the Adelaide Central Markets
This location in the western quadrant of the Adelaide CBD is undergoing unprecedented growth with a number of successful new apartment developments on the doorstop. Do not miss out on your chance to secure this exceptional property.
Inspections are strictly by appointment with the selling agents.
For more information or to arrange an inspection of 245 Waymouth Street, Adelaide, please contact the exclusive selling agents at Belle Property Commercial.
David Buenfeld or Alan Lim for more information.
*approx
RLA 287133
Property History for 241-245 Waymouth St, Adelaide, SA 5000
- 16 Oct 2023Listed for Sale Under Contract
- 06 Aug 2021Listed 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 18,503 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.
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