59 King William Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

59 King William Street
Adelaide SA 5000

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Property Details for 59 King William St, Adelaide

Building Type
Commercial
Local Government
Adelaide
Lot/Plan
A600/F181442

Last Listing description (April 2023)

One of Adelaide's most iconic and historic buildings, Edmund Wright House is now for lease

The glamorous and timeless building offers potential for a variety of uses including flagship retail, offices, and high-end F&B/ events space.

Edmund Wright House was originally built in 1878, designed by Edmund Wright and Melbourne architect Lloyd Taylor. The historic building is located within the heart of Adelaide's CBD and corners King William Street and Gilbert Place. The entrance to the building is visible from King William/Hindley Street/ Rundle Mall intersection.


Features of the building include a grand entrance to the rear hall/ballroom, exclusive ground offices, high ceilings and prominent balconies overlooking King William Street. The building extends to 4 levels and includes a basement bunker/storage area. The prestigious architecture flourishes throughout every room and showcases incredible detail, especially throughout the ballroom area.

Edmund Wright House is a magnificent building awaiting to flourish once again.

Key Features:

Located in CBD core and walking distance to Hindley Street, Adelaide Oval, Victoria Square, Rundle Mall, and other tourist main attractions

Corner site to Gilbert Place and Kind William Street


FLOOR AREAS:

Basement- 283 sqm*

Ground Floor - 465 sqm*

First Floor - 214 sqm *

Second Floor- 222 sqm *

*approx.


For further discussion or to view the property, please contact either Jessica Mascione or Victoria Everett.

Property History for 59 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$6,380,000
18 Dec 2018
  • 07 Nov 2022
    Listed for Rent - Price not available
  • 03 Oct 2018
    Listed for Sale Contact Agent
  • 20 Aug 2018
    Listed for Sale Contact Agent
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About 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.
There are currently 142 properties listed for sale, and 93 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1243 properties were sold in the past 12 months in Adelaide.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.