421-429 Morphett StreetAdelaide SA 5000
Property Details for 421-429 Morphett St, Adelaide
Last Listing description (June 2026)
Mastracorp Real Estate is pleased to present a versatile office/retail/showroom facility located at 427-429 Morphett Street, Adelaide for lease.
Situated in the heart of Adelaides CBD and surrounded by a mix of commercial, residential, and retail facilities, this high-exposure location offers an exceptional opportunity for businesses seeking a dynamic and well-connected address.
Positioned on a prominent city street, this property is perfect for a wide range of business operations.
Features of the property include:
- Office/Retail/Showroom Space
- 251 sqm* (approx.) | Total lettable area
- Rear access
- Roller door
- Bathroom facilities
- Ample car parking nearby
- Flexible lease terms and conditions
- INSPECTION IS A MUST.
If you would like to inspect the property or wish to further discuss, please contact our Commercial Leasing Team:
Lead Agent | Pasquale Mastrangelo 0409 465 863
Co-Agent | Dion Mastrangelo 0431 576 848
Co-Agent | Jordan House 0405 488 052
Property Code: 2597
Property History for 421-429 Morphett St, Adelaide, SA 5000
- 15 Jan 2026Listed for Rent - Price not available
- 02 Mar 2023Listed for Rent - Price not available
- 13 Jan 2016Listed for Rent - Price not available
Recent sales nearby
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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 18,817 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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