242 Grenfell StreetAdelaide SA 5000
Property Details for 242 Grenfell St, Adelaide
Last Listing description (June 2021)
Stunning East End property to Suit Office, Retail or a Restaurant
This stunning building is located in Adelaide's picturesque East End precinct and has a range of potential opportunities for your current business or a place where you can start your new dream.
The uniqueness of this property allows for a multitude of options over 2 levels. Large double doors open into a well-lit downstairs open plan area with a separate toilet, hand wash facility, as well as an under-stair storage space. Upstairs is equipped with a new kitchenette and bathroom, open plan area with the added bonus of an easily accessible over-sized storage attic.
Only one street away from the bustling Rundle Street, a short walk to Rymill Park with public transport only metres away. This is the perfect location for a boutique office, restaurant, retail space.
Property Code: 1253
Property History for 242 Grenfell St, Adelaide, SA 5000
- 28 May 2020Listed for Sale $529,000 - $549,000
- 07 Apr 2020Listed for Rent $28,000 / year
Recent sales nearby
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About Adelaide 5000
The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the 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 18,816 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:
- The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
- Houses have a median rent of $670 while Units have a median rent of $620.
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