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Commercial Property

1207/160 Grote Street

160 Grote Street, Adelaide SA 5000, Australia

- Parking
$345,000 Last sale

Property Information

Business Name
Unknown (likely commercial business)

About this commercial property

1207/160 Grote Street, located in the heart of Adelaide’s CBD, was sold for $345,000 on 15 Jan 2024. The site is zoned Capital City and offers sub‑10‑minute access to major city amenities, making it suitable for a range of commercial or investment purposes. It delivered a gross rental return of roughly 6.8%, with a weekly rental income of $470.

Alternate search: Unit 1207, 160 Grote Street.

Sales history

EventDatePricePrice per m²
Sold
Jan 2024
$345,000

Key details

Locality
Adelaide
State
SA
GNAF PID
GASA_719515005
Legal parcel ID
C/40896/F/1207
Remoteness area
Metro
Property type
Commercial
Land Use Category
Commercial

Frequently asked questions

What kind of commercial property is offered at 1207/160 Grote Street?

1207/160 Grote Street is a standalone commercial unit listed for sale. It is positioned within Adelaide’s central business district, making it suitable for a range of professional or retail operations.

How well is the property connected to Adelaide’s public transport network?

The site sits in the heart of the city where Adelaide Metro provides extensive bus, train and tram services. The main railway terminus at Adelaide railway station and the nearby airport and Port Adelaide also offer regional and interstate connectivity.

What nearby amenities could benefit a business operating from this location?

The property is within walking distance of popular destinations such as Chinatown, the Adelaide Central Market, Her Majesty’s Theatre and Queen’s Theatre. These attractions generate steady pedestrian traffic that can increase visibility for retail or hospitality ventures.

Is the area suitable for a service‑oriented business such as an office or medical practice?

Yes, the central location provides easy access for clients and staff, with nearby hotels, hostels and a range of dining options. The proximity to major transport hubs further enhances convenience for appointments and meetings.

What is the listed price for the commercial unit at 1207/160 Grote Street?

The property is listed for sale at $345,000, offering a competitive entry point for businesses looking to establish a presence in Adelaide’s CBD.

How does the surrounding urban layout support vehicle access and deliveries?

Adelaide’s grid‑based city plan, designed by Colonel William Light, provides wide, multi‑lane roads that facilitate smooth vehicle movement. Major arterial routes and expressways run close by, helping with efficient freight and delivery operations.