38-40 Carrington StreetAdelaide SA 5000
Property Details for 38-40 Carrington St, Adelaide
Last Listing description (May 2022)
Colliers are proud to act as exclusive agents for the freehold sale of this prime owner occupier/investment opportunity at 38-40 Carrington Street, Adelaide.
38-40 Carrington Street is located in Adelaide's rapidly emerging south eastern CBD precinct within close proximity to the new $345 million Calvary Adelaide Hospital, the new South Australian Police Headquarters, Adelaide's traditional court and legal precinct and a myriad of residential and mixed-use developments.
The location is reinforced by its proximity to the convenience of the Adelaide Central Market, Rundle Malls retail offering, Rundle Street and Hutt Streets cosmopolitan cafe and restaurant district and the southern parklands which are all within a short walk from the property.
The improvements comprise a multi level building of approximately 600 sqm (NLA).The premises provides 3 floors of adaptable office accommodation with amenities involving kitchen toilets, and rear parking and bike storage.
Encompassing a prime 319.8 sqm* site, the property's location and favourable Capital City zoning, which allows for development up to 53m (STCC) combine to enable a multitude of redevelopment, repositioning or owner occupier opportunities.
For sale by Private Treaty.
To arrange an inspection or for more information please contact the exclusive selling agents:
Jordan Schmidt +61 403 422 762
Alistair Mackie + 61 412 817 977
Rhys Newman +61 477 881 265
Property History for 38-40 Carrington St, Adelaide, SA 5000
- 03 Aug 2022Sold for $3,410,000
- 02 Mar 2021Listed for Sale Please contact agent
- 30 Nov 2015Sold for $2,665,000
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 18,504 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.
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