7/108 King William Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
 
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7/108 King William Street
Adelaide SA 5000

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Property Details for 7/108 King William St, Adelaide

Building Type
Commercial
Year Built
1972
Local Government
Adelaide
Lot/Plan
F7/C24484

Last Listing description (September 2021)

High Yielding Office Investment

Knight Frank Investment Sales is delighted to present Level 7/108 King William Street, Adelaide to the market for sale by Expressions of Interest. Covering the entirety of Level 7, ASF Audits have been in occupation for 10 + years and recent business growth has led to expansion throughout the building within Level 4. With strong income and tenure this investment ticks all the boxes for the astute investor.

Key investment highlights include:


- Long standing tenant profile, leased to national service provider ASF Audits who have been in occupation of the premises for 10 + years
- Brand new lease commencing 1 May 2021 with expiry in June 2026 and option through to 2031.
- Net income of approximately $143,837 per annum.
- Entire floor plate of 477 sqm*.
- Recent building upgrades of the main foyer and lifts easing strata concerns.
- Core CBD location within close proximity to Rundle Mall, positioned between the main business precincts of Pirie Street and Grenfell Street.

Level 7/108 King William Street, Adelaide is offered for sale by Expressions of Interest closing Thursday 27 May at 4pm.

For further information on this opportunity, please contact the exclusive selling agents.

*Approx.

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Property History for 7/108 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$1,125,000
28 Jan 2010
  • 17 Sep 2021
    Sold - Price Undisclosed
  • 30 Apr 2021
    Listed for Sale Seeking offers above $1.9 million
  • 18 Jan 2017
    Sold - Price Undisclosed
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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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