317-319 Morphett Street, Adelaide, SA 5000 sold on 27 February 2026 | OnTheHouse
SOLD
Sold on 27 Feb 2026 for $3,220,000

317-319 Morphett Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 485m2
Save

Property Details for 317-319 Morphett St, Adelaide

Building Type
Commercial
Year Built
1880
Land Size
485m2
Local Government
Adelaide
Lot/Plan
A1/F148250

Last Listing description (May 2026)

A rare opportunity to secure a turn-key hospitality venue in Adelaide's rapidly growing west-end / CBD fringe precinct. Formerly operating as the well-known Mismatch Brewery, this high-profile corner property is fully equipped, allowing an incoming operator to commence trading immediately with minimal downtime.

Key Highlights
Approx. 866 sqm lettable area

All plant & equipment included in the lease
Fully fitted commercial kitchen, bar and brewery infrastructure
Existing services, exhaust, cold rooms and amenities in place
Ideal for brewery, bar, restaurant, hospitality or entertainment use (STCC)
Flexible internal layout with strong street presence
Prominent corner position with excellent exposure along Morphett Street
Available for immediate occupation

Surrounding Residential Catchment
Located within close proximity to multiple high-density apartment developments, providing a strong and growing local customer base
Surrounded by established and emerging residential towers housing thousands of residents within walking distance
Ongoing inner-city residential growth continues to drive demand for food, beverage and lifestyle offerings in this precinct

Location Benefits
CBD fringe location minutes from Adelaide's commercial core
Strong day-time and night-time trade potential
Excellent access to public transport and major arterial roads
Positioned among popular dining, retail and entertainment destinations

The Opportunity
This is a genuine walk-in, start-trading opportunity - ideal for experienced operators looking to capitalise on an established fit-out and a rapidly expanding inner-city population.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.

Harcourts Prohomes | RLA292426

Property History for 317-319 Morphett St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$3,220,000
27 Feb 2026
Listed for Rent
$5.56k/w
10 Feb 2026
  • 27 Feb 2026
    Sold for $3,220,000
  • 09 Feb 2026
    Listed for Rent - Price not available
  • 24 May 2019
    Sold for $1,800,000
Sign in to see more transactions
Commute Calculator

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 18,807 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.
There are currently 165 properties listed for sale, and 92 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1255 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

Market Insights
Adelaide Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Adelaide Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.