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

97 King William Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2564m2
Land area: 2599m2
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Property Details for 97 King William St, Adelaide

Building Type
Commercial
Floor Size
2564m2
Land Size
2599m2
Local Government
Adelaide
Lot/Plan
A104/D31102

Last Listing description (November 2021)

100% LEASED TO A TOP 5 ASX LISTED COMPANY

Elegance and character encompass the facade while the city's grandest banking chamber awaits within.


97 King William Street's large flexible floor plates comprise the perfect marriage of boutique heritage design with the modern workplace. The 28 basement car spaces are rare in this central location and are highly sought-after.

The building is located on Adelaide's premier boulevard in the absolute core of the CBD with close proximity to Rundle Mall, Adelaide's prime shopping precinct.


Property highlights:

- 4.9 Year WALE plus up to 20yrs of options
- NLA 15,115sqm (approx)
- Site area 2,564sqm (approx)
- Estimated net passing income of $2,008,918 pa as at 1 November 2021
- 4.5 star NABERS energy rating
- Convenient location for public transport and access to Rundle Mall shopping precinct

For Sale by Expressions of Interest closing 3pm (ACDT) Thursday 11 November 2021.

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Property History for 97 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$43,000,000
31 Jan 2022
  • 31 Jan 2022
    Sold for $43,000,000
  • 18 Oct 2021
    Listed for Sale Contact Agent
  • 14 Nov 2016
    Sold for $29,000,000
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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, 1238 properties were sold in the past 12 months in Adelaide.

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