261 Sturt Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
 
OFF MARKET

261 Sturt Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 423m2
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Property Details for 261 Sturt St, Adelaide

Building Type
Commercial
Land Size
423m2
Local Government
Adelaide
Lot/Plan
A1/F15926

Last Listing description (June 2019)

Colliers International is pleased to present the opportunity to purchase 261 Sturt Street, Adelaide. A stand alone updated character office building over two levels, ideally positioned within the western frame of the City of Adelaide, buoyed by its residential development renaissance, making it perfectly suited to an owner occupier, astute investor or land banker.
Key Investment Features include:
Ideally located on the Adelaide CBD Frame towards the intersection of Sturt Street and West Terrace

Rear lane access via Reeces Lane offering valuable on-site car parking for up to 6 vehicles
Unencumbered city frame site of 420sqm*
Improvements of 287sqm* split across two levels, providing quality updated character styled office accommodation
Zoned City Living (33) within the City of Adelaide providing distinct medium density residential outcomes (stcc)
Offered with vacant possession, providing ultimate flexibility
For sale by Public Auction to be held on-site Wednesday 4th July at 11.00am (ACST).
An information memorandum is available upon request.
*approx.
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
Jack Dyson +61 448 685 593
Tom Isaksson +61 422 154 570

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Property History for 261 Sturt St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$1,342,000
19 Oct 2018
  • 19 Oct 2018
    Sold for $1,342,000
  • 01 Jun 2018
    Listed for Sale Please 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 18,719 properties. Over the last 5 years, Houses in Adelaide have seen a 49.03% increase in median value, while Units have seen a 34.05% increase. As at 31 January 2026:

  • The median value for Houses in Adelaide is $1,207,276 while the median value for Units is $568,990.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 143 properties listed for sale, and 93 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1233 properties were sold in the past 12 months in Adelaide.

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