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Commercial Property

13/196 North Terrace

196 North Terrace, Adelaide SA 5000, Australia

- Parking
$310,000 Last sale

Property Information

Business Name
Unknown (likely commercial business)

About this commercial property

13/196 North Terrace occupies the top floor of a 1930 Gothic‑style building that contains only 14 apartments on a CC‑zoned strata plan, situated just east of Gawler Place with views of the State Library and War Memorial. The unit enjoys direct tram access at its doorstep and is positioned between City West Campus, Adelaide University and UniSA, currently yielding $510 per week under UniLodge management with flexibility for private or owner‑occupied use. Sold for $310,000 on 26 Jun 2024.

Alternate search: Unit 13, 196 North Terrace.

Sales history

EventDatePricePrice per m²
Sold
Jun 2024
$310,000

Key details

Locality
Adelaide
State
SA
GNAF PID
GASA_415861364
Legal parcel ID
C/26167/F/113
Remoteness area
Metro
Property type
Commercial
Land Use Category
Commercial

Frequently asked questions

What types of businesses are most suitable for 13/196 North Terrace?

The site is positioned within Adelaide’s government and commercial corridor on North Terrace, making it ideal for professional services, consultancy firms, research organisations, and cultural or government‑related enterprises. Its proximity to major institutions such as the State Library, the South Australian Museum and several university campuses supports knowledge‑based and public‑sector businesses.

How well is the property connected to public transport?

A tram stop for the Glenelg line is located at the nearby Art Gallery stop, providing direct tram access to the city centre and the beachside suburb of Glenelg. Adelaide Metro’s bus and train networks also serve the area, with the main railway station just a short walk away, ensuring easy commuter access.

What nearby amenities can support daily business operations?

Within a few hundred metres you’ll find the Rundle Mall pedestrian precinct, the Myer Centre and Adelaide Central Plaza for shopping and dining, as well as numerous cafés, banks and service providers. Cultural venues such as the South Australian Museum, the Art Gallery and the State Library add prestige and networking opportunities for client meetings and events.

What are the major road and transport links to regional hubs like the airport and port?

North Terrace links directly to Adelaide’s inner‑city arterial network, providing quick car access to the Southern Expressway and Port River Expressway, which connect to Adelaide Airport and Port Adelaide respectively. The well‑planned road grid means a drive to either hub typically takes under 20 minutes under normal traffic conditions.

What is the listed price for the commercial unit?

The property is listed at a price of $310,000.

How does the location benefit businesses seeking a prestigious address?

Being on North Terrace places the premises among iconic government buildings, cultural institutions and major corporate headquarters, offering a high‑profile address that can enhance brand perception and attract clientele seeking a central, reputable location.

What zoning environment surrounds 13/196 North Terrace?

The site lies within Adelaide’s central business district where commercial and mixed‑use zoning predominates, supporting a wide range of office, retail and institutional uses consistent with the surrounding government‑ and business‑oriented developments.