96 Gilles StreetAdelaide SA 5000
Property Details for 96 Gilles St, Adelaide
Last Listing description (July 2020)
Due to current government requirements, this property will be available for Private Appointments. Should you wish to view the property please register your interest with the listing agent to be notified of the next upcoming private appointment.
A magnificent leased offering with so much scope, it is well worth doing some numbers...
City Living ZONE (Policy 32) South Central Policy Area
A location where the south side of the CBD is getting some traction. Close to both King William St and Pulteney St. Right opposite Pulteney Grammer School and many residential properties, it has decent passing traffic. The area is in a growing community that has expanded with many new residents living in the townhouses and apartments that surround. Plenty of cafes and restaurants are a few hundred metres of walking. Other services include a post office and supermarkets within the block.
- Valuable rear lane access of Hallett Street
- 20 months into a 5 year lease - Currently at $32,500 plus OUTGOINGS with increases in place
- 148 sqm* of lettable space
- 148 sqm* of land holding
- Zoned City Living Zone-Policy 32 South Central Policy Area in the City of Adelaide
- Flexible floor plan
- Plenty of opportunities to go create a stronger cash flow
Please call for an inspection time
Business as usual for the current tenant - Sibling Cafe
Ray White Norwood are working directly with the current government requirements associated with Private Appointments, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that restrictions on numbers attending any one home are in place and social distancing will be required.
We strongly recommend that if you have recently returned from travel interstate or overseas or are feeling unwell at this time, please contact the listing agent to discuss alternative ways to view or bid at any upcoming auctions and/ or appointments.
Property History for 96 Gilles St, Adelaide, SA 5000
- 09 Oct 2020Sold for $700,000
- 25 Nov 2019Listed for Sale Auction On Site Thursday 5th December 11:00AM
- 16 Jan 2018Listed for Rent - Price not available
Recent sales nearby
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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 18,812 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:
- The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
- Houses have a median rent of $670 while Units have a median rent of $620.
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