33-39 King William Street, Adelaide, SA 5000 sold on 22 December 2025 | OnTheHouse
 
SOLD
Sold on 22 Dec 2025 for $38,500,000

33-39 King William Street
Adelaide SA 5000

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Property Details for 33-39 King William St, Adelaide

Building Type
Commercial
Local Government
Adelaide
Lot/Plan
A91/F171200

Last Listing description (December 2023)

Absolute core CBD location

Cushman & Wakefield and CBRE are delighted to present 33 King William Street, Adelaide to the market. An iconic asset on King William Street's busiest corner.

At the doorstep of Rundle Mall retail and Adelaide's thriving laneways, 33 King William allows a perfect harmony of 'work and play'.


Key features of the property include:
- Prime location on King William Street, looking down Rundle Mall
- Landmark corner site (King William Street and Hindley Street) with CBD presence
- 20 level office tower (including basement)
- 10,920sqm of NLA with ideal floor plates of approx. 600sqm to meet target tenant market
- A building that allows you to 'work and play' quality office accommodation in the middle of quality amenity
- Estimated fully leased net income $3.674m per annum
- 2.34 year WALE (as at 1 December 2022)
- Circa 86% occupancy
- Three street frontages and excellent light on three sides
- Over 30% of the building comprises new spec suites
- Ground floor retail activation
- Progressive asset refurbishment
- Zero Stamp Duty
- 2-star NABERS Energy Rating

Arguably one of Adelaide's best connected office buildings, 33 King William Street is in walking distance to the best that the CBD has to offer.

For Sale by Expressions of Interest Wednesday 16th November 2022 at 3pm (ACDT).

For more information or to arrange an inspection please contact the agents.

*approx.

Cushman & Wakefield
RLA: 315 726

CBRE
RLA: 208 125

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Property History for 33-39 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$38,500,000
22 Dec 2025
  • 18 Oct 2022
    Listed for Sale Contact Agent
  • 18 Jan 2021
    Listed for Rent - Price not available
  • 19 Sep 2019
    Listed for Rent - Price not available
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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 18,498 properties. Over the last 5 years, Houses in Adelaide have seen a 42.19% increase in median value, while Units have seen a 34.49% increase. As at 30 November 2025:

  • The median value for Houses in Adelaide is $1,174,343 while the median value for Units is $580,952.
  • Houses have a median rent of $650 while Units have a median rent of $610.
There are currently 128 properties listed for sale, and 96 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1269 properties were sold in the past 12 months in Adelaide.

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