220 Melbourne StreetNorth Adelaide SA 5006
Property Details for 220 Melbourne St, North Adelaide
Last Listing description (May 2023)
Expressions of Interest | Thursday 13th April at 4pm (unless sold prior).
Beautifully elevated on the northern side of Melbourne St. and capturing views of Adelaide's rapidly changing skyline, the property enjoys a wide frontage of 16.15 sqm approx. and has been used as a suite of medical rooms until recently.
The future possibilities are exciting and there is ample opportunity to add value to the already functional property via renovation and/or further extension as a residence, offices, medical suites or partial redevelopment (subject to Planning Consents).
Amidst beautifully maintained grounds, the property comprises some 8 main rooms plus cellar and is characterised by high ceilings and large windows allowing masses of light. Multiple off-street carparks can be accessed at the rear.
The property is zoned Business Neighbourhood Zone and its prime location allows proximity to hospitals, the CBD, the Oval, the Linear Park as well as the Lion Hotel, Next Generation and O'Connell St.
IN CONJUNCTION WITH JED HARLEY & SAM ALEXANDER OF CUSHMAN & WAKEFIELD RLA: 315 726
Jed Harley | 0418 807 920
jed.harley@cushwake.com
Sam Alexander | 0457 888 213
sam.alexander@cushwake.com
Are you thinking of purchasing this property as an investment? Speak with our Property Management team on how we can assist you.
All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
Property History for 220 Melbourne St, North Adelaide, SA 5006
- 05 May 2023Sold for $2,907,000
- 16 Mar 2023Listed for Sale UNDER CONTRACT
- 30 May 2007Sold for $970,000
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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 4,891 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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