Century21 Commercial Adelaide is proud to present 11 O'Connell Street, North Adelaide — a rare opportunity to own a premium commercial property in one of Adelaide's most iconic and tightly held lifestyle precincts.
Perfectly positioned among North Adelaide's established retail, dining, and entertainment destinations, this ground-floor strata unit offers excellent street exposure, strong passing foot traffic, and a highly flexible layout to suit hospitality, retail, office, or consulting uses (STNC).
Ideal for investors
Key Highlights:
- Floor Area 125 sqm*
- One Car Park Included
- Freshly new lease
- Yearly net income $60,000
- 5 Years lease with 2 renewals
- Walkable to Adelaide Oval, the CBD, hospitals, and residential zones
- Stone throw from $300M Eighty Eight O'Connell development
- 158 high-end luxury apartments now complete with estimated 450+ new residents on the doorstep
- 17+ new ground-level retail spaces activating the precinct
- Apartment sales ranging from $2M–$3M, supporting strong local spending power
Property Overview:
This is your chance to secure a fully serviced commercial premises in a high-profile, rapidly growing inner-city location. With recent major developments bringing a wave of affluent residents and fresh energy to O'Connell Street, this property is uniquely positioned to benefit from long-term capital growth, consistent trade, and high tenant demand.
Perfect for investors seeking a quality commercial holding in one of Adelaide's most recognisable streets — this is an opportunity not to be missed.
Contact agents for pricing details, strata information, and inspection arrangements.
Contact:
Matt Lazarus – 0430 745 100
Ronald Ozeri – 0413 003 029
Century 21 Commercial Adelaide
195 Wakefield Street, Adelaide
Phone: (08) 7477 7613
Email: admin@c21commercial.com.au
Website: www.c21commercial.com.au
*All areas are approximate
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 4,891 properties. Over the last 5 years, Houses in North Adelaide have seen a 58.55% increase in median value, while Units have seen a 86.85% increase. As at 31 May 2026:
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