377-379 King William StreetAdelaide SA 5000
Property Details for 377-379 King William St, Adelaide
Last Listing description (September 2018)
379 King William Street is a fully leased investment anchored by a ten year lease to a proven tenant.
Constructed in 2014, the property comprises an exceptionally well-presented serviced apartment tower trading as Quest Apartment Hotels.
The property is conveniently located in Adelaide s central business district within short walking distance to the CBD core and Adelaide Central Markets and Chinatown precincts.
Fully leased investment generating secure income
10 + 5 + 5 year lease to the anchor tenant
Fixed 4% annual increases
Prime King William Street location
2014 construction with exceptional presentation
Substantial building allowance and depreciation benefits
Please contact the exclusive selling agents to obtain any further information or to arrange an inspection.
Property History for 377-379 King William St, Adelaide, SA 5000
- 09 Nov 2016Listed for Sale Not Disclosed
- 20 May 2014Listed for Rent $65,000 / year
- 12 Feb 2014Listed for Rent - Price not available
Recent sales nearby
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0About 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 18,718 properties. Over the last 5 years, Houses in Adelaide have seen a 49.03% increase in median value, while Units have seen a 34.05% increase. As at 31 January 2026:
- The median value for Houses in Adelaide is $1,207,276 while the median value for Units is $568,990.
- Houses have a median rent of $650 while Units have a median rent of $620.
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