16-18 Phillips StreetThebarton SA 5031
Property Details for 16-18 Phillips St, Thebarton
Last Listing description (October 2021)
JLL is pleased to present 16-18 Phillips Street, Thebarton for sale by Public Auction - a fully leased investment with a blue-chip tenant in a major inner-metro growth area.
The property is fully leased to Southern Quarries, a wholly owned subsidiary of ASX-200 ADBRI Limited (formerly Adelaide Brighton Cement). Southern Quarries operates in South Australia as part of the Concrete and Aggregates Division of ADBRI.
16-18 Phillips Street, Thebarton is set over two titles encompassing a large 1,391sqm* corner site, with modern office improvements of 609sqm* NLA in Adelaide's rapidly growing inner-West.
Property highlights:
Securely leased to Southern Quarries, wholly owned subsidiary of ADBRI Limited (ASX: ABC)
Brand New 3 + 3 Year lease from 1 August 2021
Net income of approximately $168,356 * per annum (plus GST and outgoings)
Prominent corner site of 1,391* square metres set across two titles
Single storey building of 609* square metres
Exceptional on-site car parking for 24 vehicles
16-18 Phillips Street, Thebarton is offered for sale by Public Auction onsite Thursday 28 of October at 11am.
For more information or to arrange an inspection please contact the selling agents.
*Approx.
Property History for 16-18 Phillips St, Thebarton, SA 5031
- 29 Nov 2021Sold for $3,475,000
- 28 Sep 2021Listed for Sale Contact Agent
- 01 Jun 2016Sold for $2,310,000
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About Thebarton 5031
The size of Thebarton is approximately 1.2 square kilometres. It has 6 parks covering nearly 1.9% of total area. The population of Thebarton in 2016 was 1431 people. By 2021 the population was 1442 showing a population growth of 0.8% in the area during that time. The predominant age group in Thebarton is 20-29 years. Households in Thebarton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thebarton work in a professional occupation.In 2021, 49.80% of the homes in Thebarton were owner-occupied compared with 48.90% in 2016.
Thebarton has 1,102 properties. Over the last 5 years, Houses in Thebarton have seen a 82.96% increase in median value, while Units have seen a 97.87% increase. As at 30 November 2025:
- The median value for Houses in Thebarton is $1,100,045 while the median value for Units is $743,335.
- Houses have a median rent of $645 while Units have a median rent of $468.
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