11/116 Melbourne StreetNorth Adelaide SA 5006
Property Details for 11/116 Melbourne St, North Adelaide
Last Listing description (April 2019)
Knight Frank is pleased to be favoured with instructions to offer Suite 11, 116 Melbourne Street for sale by private treaty.
The office suite is located within the Melbourne Street Gardens hub in the heart of Melbourne Streets bustling retail and lifestyle precinct. The office includes one ground level car-park, kitchenette, air-conditioning, alarm system and has excellent natural light.
We are proud to offer such a well presented office which we anticipate will appeal to investors and owner-occupiers looking to secure an open plan office.
The trendy Melbourne Street Melbourne precinct comprises a large variety of commercial offices, medical specialists, cafes, restaurants, wine bars, The Kentish Hotel, Old Lion Hotel, accommodation options and a vast range of fashion and specialty retail offerings.
Further details include:
Building Area: 134 sqm*
Car parking: One (1) ground floor
Zoning: Main Street - Melbourne East Zone (City of Adelaide)
Suite 11, 116 Melbourne Street, North Adelaide is being offered for sale by Private Treaty. For further information or to arrange an inspection please contact the below sales agents.
Property History for 11/116 Melbourne St, North Adelaide, SA 5006
- 18 Mar 2019Sold for $452,100
- 23 May 2018Listed for Sale $450,000 + GST
- 28 Nov 2016Sold for $765,000
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About 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 4,890 properties. Over the last 5 years, Houses in North Adelaide have seen a 60.44% increase in median value, while Units have seen a 92.65% increase. As at 30 April 2026:
- The median value for Houses in North Adelaide is $1,701,238 while the median value for Units is $914,050.
- Houses have a median rent of $725 while Units have a median rent of $590.
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