264 North TerraceAdelaide SA 5000
Property Details for 264 North Tce, Adelaide
Last Listing description (October 2023)
With magnificent ornate and character features throughout in this central city location overlooking the beautiful architecture of the Adelaide University.
Enviably located in the most beautiful part of Adelaide city, with Rundle Street and the East End a short walk away, as is the River Torrens, Botanic Gardens, Art Gallery, Riverbank precinct and Adelaide Oval.
Currently the property is utilised and leased as consulting rooms on a 10 + 5 + 5 year lease, with a commencement date of 20/9/2019, and with a commencement rent of $123,120 per annum (plus GST and outgoings).
The opportunity for vacant possession is also possible by agreement and negotiation, for a purchaser wishing to continue to utilise as their own office, or to reside in as a city residence (subject to necessary council consents).
Comprising some 10 main rooms with great flexibility as to how you would wish to dispose them, could be up to 5 bedrooms if required.
Magnificent front lounge room with superb fireplace and north facing bay window, as well as large cellar.
A magnificent and recently restored balcony is superb for entertaining or relaxing and opens out from what could be the master bedroom upstairs.
Valuable rear access off Frome Street.
This most appealing and prestigious residence offers great flexibility both in terms of layout and use, surrounded by all the best that Adelaide city has to offer.
Please contact Charles Booth 0408 898 287 or Jack Booth 0418 818 925 for further details and the information memorandum.
AGENTS: Charles Booth 0408 898 287 & Jack Booth 0418 818 925
RLA: 294724 & 316780
Property History for 264 North Tce, Adelaide, SA 5000
- 16 Oct 2024Sold for $2,299,999
- 14 Aug 2018Listed for Sale $2,300,000
- 26 Jun 2007Transferred
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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 18,503 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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