Prime gateway into the Adelaide CBD
438 King William Street and 168 South Terrace collectively comprise the last opportunity to acquire a development site on Adelaide???s premier commercial boulevard at the gateway of the CBD.
With a combined frontage to South Terrace of over 60 metres and the opportunity to capitalise on unobstructed views over the Adelaide Park Lands, this is a once in a lifetime opportunity to create an iconic gateway development. The properties??? accessibility, aspect, and high level of surrounding amenity are likely to generate strong interest from a range of commercial and residential occupiers. We strongly endorse this opportunity and highlight the following key characteristics for your consideration:
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:
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