90-100 Grenfell St, Adelaide is a bedroom, bathroom Car Space. The property has a land size of 2416m2. While the property is not currently for sale or for rent, it was last transferred in April 2021.
CBRE in conjunction with Knight Frank are pleased to exclusively offer for sale a 100% freehold interest in 90-100 Grenfell Street, Adelaide. The Grenfell Carpark represents a rare opportunity to secure a 500* bay CBD car park with effective income underpinned by Secure Parking, a wholly owned subsidiary of Tokyo-listed, PARK24 Co. Ltd, (TSE: 4666), one of the worlds largest parking operators.Located in the heart of the CBD and directly adjacent to Adelaides premier retail precinct, the asset delivers growing income with minimal capital requirements. It is also located a short distance to the citys primary office, hotel, university and hospital precincts, ensuring consistent, diversified demand, 7-days a week.Positioned on a significant 2,416 sqm* site, the Grenfell Street Car Park presents a unique opportunity for future development potential (STCA). Highlights:- 7 level multi-deck car park providing 500* bays.- Leased to Secure Parking until 31 August 2031, a subsidiary of one of the worlds largest car park operators. - Inbuilt income upside includes fixed annual increases plus additional turnover rent.- Significant 2,416sqm* site with development potential (STCA).- Absolute prime CBD location for 7-day shopping precinct.A 100% freehold interest is offered by International Expressions of Interest closing at 3pm (AEST) on Wednesday 3 June 2026.*approximately
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 18,816 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:
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