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Commercial Property

1607/160 Grote Street

160 Grote Street, Adelaide SA 5000, Australia

- Parking
$328,000 Last sale

Property Information

Business Name
Unknown (likely commercial business)

About this commercial property

1607/160 Grote Street sold for $328,000 on 14 Apr 2022. Built in 2017 and zoned Capital City, the centrally located property in Adelaide’s CBD provides secure building access and a recorded rental income of $420 per week, supporting a range of commercial or investment applications.

Alternate search: Unit 1607, 160 Grote Street.

Sales history

EventDatePricePrice per m²
Sold
Apr 2022
$328,000

Key details

Locality
Adelaide
State
SA
GNAF PID
GASA_719514775
Legal parcel ID
C/40896/F/1607
Remoteness area
Metro
Property type
Commercial
Land Use Category
Commercial

Frequently asked questions

What is the purchase price of 1607/160 Grote Street?

The commercial unit is listed for sale at $328,000. This price reflects a single‑lot office/retail space in the Adelaide CBD.

How close is the property to major commercial and dining amenities?

The site sits in the heart of the city, within 0.4 km of Adelaide Central Market, Chinatown, Her Majesty’s Theatre, and several hotels and hostels. These nearby amenities provide high foot traffic and support a variety of business types.

What public‑transport options serve the location?

Adelaide Metro’s extensive bus and tram network runs along nearby streets, giving easy access to the CBD’s main tram line on Hindmarsh and several bus routes. The central railway station is also a short drive away, linking the area to regional and interstate services.

Is the property suitable for retail or hospitality use?

Yes – its central position and proximity to markets, eateries, hotels, and cultural venues make it ideal for cafés, boutique retail, or service‑oriented hospitality concepts. The steady flow of tourists and locals supports high‑visibility businesses.

What is the surrounding business environment like?

The Adelaide city centre is a dense commercial hub with a mix of retail, hospitality, government offices, and cultural institutions. The area benefits from strong pedestrian activity and a well‑established network of supporting services.

How accessible is the site for regional and international visitors?

Adelaide Airport, the city’s primary international gateway, is located a short drive from the CBD, while the central railway station provides interstate connections. The location’s centrality ensures convenient access for both local and visiting customers.