1-3/127 Archer StreetNorth Adelaide SA 5006
Property Details for 1-3/127 Archer St, North Adelaide
Last Listing description (August 2023)
This gorgeous, beautifully renovated, Bluestone fronted Commercial premises (c1865 approx.) is in the retail square mile of upper North Adelaide directly across from the iconic North Adelaide Village, diagonally opposite the new 88 O'Connell retail precinct and directly next door to CIBO!
Position perfect with lots of foot traffic, excellent parking and scope for a myriad of retail or office uses. Currently in a secure lease with flexibility to December 2023 plus a 5-year renewable option, there is an opportunity for those who seek a WIWO opportunity to take over the current lease and operation of Gordana's Designer Boutique.
Completely renovated, rewired, replastered and replumbed throughout the entire building in 2015 by master craftsmen and under Heritage guidance by City of Adelaide Council, no expense was spared by the fastidious owners in the works & attention to detail of this superb building.
With its own door, large picture window to display wares, deep undercover pavement to the front and direct street parking in the leafy boulevard of Archer Street. There is ample storage, kitchen and bathroom facilities, reverse cycle air conditioning, hardwood floors, beautiful plaster ceilings & cove cornices and fresh bright white painted plaster walls. Simply stunning blue-chip Retail/Commercial premises with a commanding street frontage.
In such a prime Commercial & Residential location in the heart of North Adelaide, this is the only opportunity to acquire the final ground level offering ~ 127 Archer Street ~ within this iconic Bluestone Heritage building. There is no other like this and it is simply too good to miss!
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Council: City of Adelaide
CT: Volume 6244 Folio 5
Council Rates: $1,714.67 per annum
SA Water: $1,057.28 per quarter (shared meter)
ESL: $773.15 per annum
Community Rates: $266.50 per quarter
Internal Area: 39sqm (approx.)
Year Built: 1865 (approx.)
Zoning: City Main Street (City High Street).
Property History for 1-3/127 Archer St, North Adelaide, SA 5006
- 29 Aug 2023Listed for Sale $595,000 - $615,000
- 11 Mar 2022Listed for Sale $595,000 - $615,000
- 31 Aug 2012Sold for $475,000
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0About North Adelaide 5006
The size of North Adelaide is approximately 5.1 square kilometres. There are 40 parks, covering nearly 57.8% of the total area. The population of North Adelaide in 2016 was 6950 people. By 2021 the population was 6823 showing a population decline of 1.8% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation.In 2021, 50.60% of the homes in North Adelaide were owner-occupied compared with 48.80% in 2016.
North Adelaide has 4,897 properties. Over the last 5 years, Houses in North Adelaide have seen a 45.62% increase in median value, while Units have seen a 84.79% increase. As at 31 July 2026:
- The median value for Houses in North Adelaide is $1,620,421 while the median value for Units is $931,554.
- Houses have a median rent of $725 while Units have a median rent of $620.
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