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Commercial Property

160 Grote Street

160 Grote Street, Adelaide SA 5000, Australia

1 Parking
$550,000 Last sale

Property Information

Business Name
Central Adelaide Apartments
Business Type
Apartment building
Status
Operational

About this commercial property

160 Grote Street is a centrally located apartment building in Adelaide’s CBD, presently occupied by Central Adelaide Apartments and providing one on‑site parking space. The property sold for $550,000 on 17 Oct 2023 and benefits from immediate access to major transport corridors, nearby retail and hospitality precincts, and a secure car park, making it a versatile asset for investment or corporate accommodation.

Sales history

EventDatePricePrice per m²
Sold
Oct 2023
$550,000

Key details

Locality
Adelaide
State
SA
GNAF PID
GASA_416459860
Remoteness area
Metro
Property type
Commercial
Land Use Category
Commercial

Frequently asked questions

What type of business currently operates at 160 Grote Street?

The property is currently occupied by Central Adelaide Apartments, which operates as an apartment building. The business status is listed as operational.

What is the occupancy status of the building?

160 Grote Street is fully occupied by Central Adelaide Apartments and is actively in use. The occupant is the existing apartment building business.

How many parking spaces are available for the property?

The site provides one dedicated parking space for building occupants and visitors.

What nearby amenities could support a commercial venture at this location?

The building is within walking distance of Adelaide Central Market, Chinatown, Her Majesty's Theatre, Queen's Theatre, Light Square and several hostels such as Sunny's Adelaide Backpackers Hostel. These venues generate steady foot traffic and offer catering, retail and hospitality opportunities.

How accessible is 160 Grote Street via public transport?

Located in the Adelaide CBD, the property is served by Adelaide Metro’s bus, train and tram networks, with the main railway terminus and several tram stops a short walk away. Major road arteries also provide easy car access.

Is 160 Grote Street situated within the central business district?

Yes, Grote Street runs through the heart of Adelaide’s central business district, placing the property in the city’s primary commercial hub.

What kinds of businesses are well‑suited to this location?

Given the proximity to tourism‑focused hostels, the Central Market, and cultural venues, hospitality, food‑and‑beverage, boutique retail and service‑oriented businesses would be a strong fit for this site.