73 Lefevre TerraceNorth Adelaide SA 5006
Property Details for 73 Lefevre Tce, North Adelaide
Last Listing description (November 2022)
- Unprecedented opportunity to lease the iconic Princes Lodge Hotel
- 24 Room accommodation split over two levels and two buildings
- Including reception, multiple common areas, manager's suite, coach house and multiple balconies
- Outdoor entertaining and function areas
- Looking directly onto the Adelaide Park Lands
- Minutes from O'Connell Street and Melbourne Street
73 Lefevre Terrace presents a generational opportunity for hotel operators to establish their business in one of the most iconic Hotel Accommodation venues in Adelaide. The Princess Lodge Hotel is a prominent, two-storey building offering a 23-room accommodation business, currently trading successfully and ready to be passed on to a new operator.
Available for lease is the entire premises, which offers a fully fitted building including a reception, common areas, entertainment spaces and a coach house located at the rear. There are endless opportunities to generate revenue from this longstanding establishment, offered to the market for the first time in decades.
The Princes Lodge Motel is one of the most recognisable sites in North Adelaide. Since its construction in 1913 the site has remained an iconic location amongst both locals and tourists. Located only a short distance from the CBD, Rundle Mall, The Adelaide Women's and Children's Hospital, Adelaide Zoo and The Adelaide Aquatic Centre, the space offers comfortable accommodation perfectly designed to suit travellers, couples, and families.
For more information and to arrange an inspection of 73 Lefevre Terrace, North Adelaide, please contact Saxon Smith or Nova Gaud of McGees Property (RLA 1722)
(*sqm approx)
Property History for 73 Lefevre Tce, North Adelaide, SA 5006
- 22 Jul 2022Listed for Rent - Price not available
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About 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 4,887 properties. Over the last 5 years, Houses in North Adelaide have seen a 62.82% increase in median value, while Units have seen a 85.21% increase. As at 31 March 2026:
- The median value for Houses in North Adelaide is $1,650,313 while the median value for Units is $886,777.
- Houses have a median rent of $720 while Units have a median rent of $575.
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