64 Grote Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
 
OFF MARKET

64 Grote Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 176m2
Land area: 176m2
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Property Details for 64 Grote St, Adelaide

Building Type
Commercial
Year Built
2016
Floor Size
176m2
Land Size
176m2
Local Government
Adelaide
Lot/Plan
A361/F181203

Last Listing description (August 2022)

Belle Property Commercial Adelaide is delighted to present for sale this trophy retail building in Adelaide's world-renowned Market Precinct directly opposite the famous Adelaide Central Market and Chinatown. This striking building is also neighbour to the world-class Her Majesty's Theatre which recently completed a $68 million redevelopment. The soon to commence $400m ' Market Square' development is also only metres away. The location simply doesn't getting any better than this.

We highlight the following key attributes:
Striking modern two storey commercial building architecturally designed and constructed in 2016

Unmatched location
Premium retail and office accommodation of 340 square metres*
Two secure leases with a Net Passing Income of $168,860 pa*
Rear access to warehouse/storage/car parking with auto roller door
Security monitoring, zoned ducted reverse cycle air conditioning and LED lighting throughout

64 Grote Street represents an outstanding opportunity for the astute investor.

For more information, please contact David Buenfeld or Alan Lim.

RLA 287133

*approx

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Property History for 64 Grote St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$3,300,000
15 Feb 2023
Listed for Rent
06 Aug 2021
  • 15 Feb 2023
    Sold for $3,300,000
  • 19 Nov 2020
    Listed for Sale Contact Agent
  • 19 Nov 2020
    Listed for Rent - Price not available
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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 18,835 properties. Over the last 5 years, Houses in Adelaide have seen a 47.46% increase in median value, while Units have seen a 49.35% increase. As at 30 April 2026:

  • The median value for Houses in Adelaide is $1,267,157 while the median value for Units is $605,534.
  • Houses have a median rent of $665 while Units have a median rent of $620.
There are currently 152 properties listed for sale, and 85 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1271 properties were sold in the past 12 months in Adelaide.

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