28 Franklin Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
 
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28 Franklin Street
Adelaide SA 5000

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Property Details for 28 Franklin St, Adelaide

Building Type
Commercial
Year Built
1916
Local Government
Adelaide
Lot/Plan
A802/D86151

Last Listing description (October 2022)

MODERN NEW YORK STYLE FUNKY OFFICE

A stunning transformation of a CBD Icon. No expense has been spared with the refurbishment of this Adelaide landmark with a complete upgrade of the facade. Internally, the accommodation combines the character of the property with the modern feel of contemporary office accommodation.

The lower ground floor area of 227sqm* is available architecturally designed, this funky and modern office accommodation provides an open plan area, meeting room, good sized kitchen / break out area, store room and recreation space or informal boardroom.


A shared rooftop entertaining area is perfect for staff lunches or business functions.

Centrally located within the CBD, its position ensures ease of access to the Central Markets and Law Courts Precinct.

*approx.

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Property History for 28 Franklin St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$12,185,000
15 Dec 2021
  • 16 Dec 2021
    Sold - Price Undisclosed
  • 20 Oct 2021
    Listed for Rent - Price not available
  • 14 Sep 2021
    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 18,506 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.
There are currently 139 properties listed for sale, and 97 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1248 properties were sold in the past 12 months in Adelaide.

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