100 Melbourne StreetNorth Adelaide SA 5006
Property Details for 100 Melbourne St, North Adelaide
Last Listing description (April 2025)
Located in the vibrant heart of North Adelaide, 100 Melbourne Street offers an exceptional investment opportunity. Spanning approximately 145 sqm of land with a 70 sqm building area, this property combines strategic location with practicality, making it ideal for astute investors.
Key Features:
The property is tenanted by Butter & Toast Pty Ltd, a well-loved café renowned on Melbourne Street. With a stable lease in place until 2027, it ensures a secure rental income.
The current rent stands at $36,070.60 per annum (plus GST plus Outgoings), offering a reliable return on investment.
Torrens title.
Self-contained kitchen equipped with a large canopy and cool room.
Separate toilet facility at the rear.
Additional storage room for convenience.
Parking & Accessibility:
Back access from the side street.
Rear space accommodates up to two cars.
A grease trap is installed, and the property layout supports efficient restaurant operations.
Proximity to Adelaide CBD enhances its appeal and foot traffic.
Zoned under City Main Street (CMS) and City High Street (CiHS) subzones, providing long-term growth potential.
For more details or to arrange an inspection, please reach out to Simon Hou on 0423807866.
Property History for 100 Melbourne St, North Adelaide, SA 5006
- 22 Apr 2025Sold for $740,000
- 21 Mar 2025Listed for Sale $850000.00
- 12 Dec 2024Listed for Sale $850,000
Recent sales nearby
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0About North Adelaide 5006
The size of North Adelaide is approximately 5.1 square kilometres. It has 40 parks covering nearly 57.8% of 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 4,884 properties. Over the last 5 years, Houses in North Adelaide have seen a 57.47% increase in median value, while Units have seen a 74.19% increase. As at 31 December 2025:
- The median value for Houses in North Adelaide is $1,631,467 while the median value for Units is $831,729.
- Houses have a median rent of $700 while Units have a median rent of $550.
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