About this commercial property
Alternate search: Unit 18, 172 Wakefield Street.
172 Wakefield Street, Adelaide SA 5000, Australia
Alternate search: Unit 18, 172 Wakefield Street.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sold | Jan 2019 | $465,000 | — |
The property includes two dedicated parking spaces, providing convenient on‑site vehicle storage for staff and clients.
Situated in the Adelaide CBD, the site is within walking distance of multiple Adelaide Metro bus routes, the tram line to Glenelg, and the central railway station, offering quick connections across the city and to Adelaide Airport and Port Adelaide.
The building is surrounded by hotels (Adabco Boutique Hotel, Mantra Hindmarsh Square), medical facilities (Calvary Adelaide Hospital, Calvary Wakefield Hospital), a radio station (Nova 919), and cultural venues such as the Tandanya National Aboriginal Cultural Institute, providing a vibrant environment for client meetings and staff convenience.
Yes – the proximity to hospitals, clinics, and business services, combined with easy public‑transport links and on‑site parking, makes the space well‑suited for practices, legal firms, or consulting agencies that benefit from high foot traffic and accessibility.
Wakefield Street is located near major arterial roads including the A21 inner ring route and the South Road corridor, providing straightforward access for delivery trucks and logistics providers while still being within the regulated CBD traffic zones.
At $465,000, the asking price is competitive for a central Adelaide commercial unit, reflecting the premium of a CBD location with parking, while still offering value relative to similar properties that often command higher prices due to limited parking and lesser proximity to key amenities.