45-53 Gilbert StreetAdelaide SA 5000
Property Details for 45-53 Gilbert St, Adelaide
Last Listing description (August 2024)
RWC Adelaide in conjunction with Knight Frank are excited to present for sale a significant investment opportunity within the city's trendy 'West End'
Triple fronted site of 1,175sqm* with some 34m frontage
Significant and diversified income stream from high profile tenant regime
Staggered lease expiry offers potential for rental uplift and owner occupation
Coveted position within the 'Gilbert Street' precinct
Exceptionally well presented built form of 1,017sqm*
Passing net income of $242,731* plus GST
A premium investment with unquestionable development upside
Auction onsite Friday 10 May 2024 at 11am ACST
For more information please contact the listings agents
Property History for 45-53 Gilbert St, Adelaide, SA 5000
- 18 Oct 2024Sold for $4,500,000
- 12 Apr 2024Listed for Sale Price on Application
- 27 Mar 2020Listed 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 18,783 properties. Over the last 5 years, Houses in Adelaide have seen a 44.76% increase in median value, while Units have seen a 34.32% increase. As at 28 February 2026:
- The median value for Houses in Adelaide is $1,195,229 while the median value for Units is $566,972.
- Houses have a median rent of $650 while Units have a median rent of $620.
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