153-155 Melbourne StreetNorth Adelaide SA 5006
Property Details for 153-155 Melbourne St, North Adelaide
Last Listing description (September 2023)
- Net Lettable Area: 364 square meters
- Function Centre approximately 340 square meters
- Brand new fitout including all cooking equipment, tables chairs and appliances
- Liquor License available for 200 people
- Iconic North Adelaide location with excellent exposure and foot traffic
153-155 Melbourne Street, North Adelaide is an excellent opportunity to secure a fully-fitted hospitality tenancy in a prime North Adelaide address.
This 340 square metre tenancy comes newly fitted with a full function centre fitout. Including tables, chairs, a full commercial kitchen, kitchen equipment and appliances, the tenancy is a walk-in-ready opportunity for a new business seeking an established space.
This ideal location is positioned in the heart of North Adelaide offers high foot traffic and ample parking, and has close proximity to the Adelaide CBD.
For more information or to book an inspection of 153-155 Melbourne Street, North Adelaide, please contact Saxon Smith from City Realty (RLA 323 903).
Property History for 153-155 Melbourne St, North Adelaide, SA 5006
- 22 Sep 2023Listed for Rent - Price not available
- 15 Aug 2023Sold for $2,695,000
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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 4,889 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:
- The median value for Houses in North Adelaide is $1,664,618 while the median value for Units is $904,969.
- Houses have a median rent of $710 while Units have a median rent of $600.
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