301-303 Morphett StreetAdelaide SA 5000
Property Details for 301-303 Morphett St, Adelaide
Last Listing description (November 2023)
Belle Property Commercial Adelaide is delighted to offer 301-303 Morphett Street, Adelaide to the market For Sale by Expressions of Interest.
Key highlights include:
- 270 sqm* fully built up
- Most favourable location in the fast-developing western quadrant of the CBD
- Overflow development from Chinatown and Central Market
- Surrounded by high rise apartments
- Valuable rear access and off-street parking
- Redevelopment opportunity for high-rise (Zoned Capital City) (STCC)
This is a highly appealing opportunity to both investors and future developers as it is undoubtedly a booming location. The property is sure to provide strong capital appreciation and rental growth over the years as well as many options to utilise existing improvements or future redevelopment into multi-rise residential, commercial or mixed-use (STCC).
Strategically situated on Morphett Street and only footsteps away from neighbouring shops, restaurants, the renowned Adelaide Central Markets, Chinatown and public transport.
For Sale via Expressions of Interest closing Friday 8th of December 2023 at 4pm(ACDT).
For more information on this opportunity, please contact the exclusive selling agent, Alan Lim of Belle Property Commercial Adelaide.
RLA 287133
*approx
*Subject to council consents
Property History for 301-303 Morphett St, Adelaide, SA 5000
- 24 Jun 2024Sold for $2,280,000
- 23 Nov 2023Listed for Sale Contact agent
- 08 Dec 2022Listed for Rent - Price not available
Recent sales nearby
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Adelaide has 18,817 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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