Yardize logo Yardize
Commercial Property

185 Morphett Street

185 Morphett Street, Adelaide SA 5000, Australia

1 Parking

Property Information

Business Name
iStay Precinct Adelaide
Business Type
Hotel
Status
Operational

About this commercial property

185 Morphett Street in Adelaide’s West End is a strata‑titled hotel built in 2009 and currently operated by iStay Precinct Adelaide, comprising two hotel units each leased at $650 per week until mid‑2026. The property provides a single parking space, quarterly strata fees of $1,573, and standard utility levies (ESL $431.75 PA, council rates and water/sewer charges set per unit). Sold for a price on 4 July 2025; contact the agent for further details.

Sales history

EventDatePricePrice per m²
Sold
Jul 2025
Unknown

Key details

Locality
Adelaide
State
SA
GNAF PID
GASA_424432275
Remoteness area
Metro
Property type
Commercial
Land Use Category
Commercial

Frequently asked questions

What commercial activity is currently operating at 185 Morphett Street?

The property is occupied by iStay Precinct Adelaide and operates as a hotel. It is listed as an operational hospitality business.

How many parking spaces are provided for the site?

The listing includes one dedicated parking space for the property.

What public transport options are available nearby for guests and staff?

The Adelaide CBD is served by the Adelaide Metro network, which includes extensive bus routes, a commuter rail line that stops at Adelaide railway station, and a tram line to Glenelg. These services provide easy access to the property from across the city and regional areas.

What nearby amenities support a hotel operation at this location?

Within a 0.3‑0.4 km radius there are several hospitality venues such as Quest on Franklin, Grace Emily Hotel, and multiple hostels (e.g., Sunny’s Adelaide Backpackers Hostel, Adelaide Central YHA). Cultural venues like Queen’s Theatre, Her Majesty’s Theatre and Light Square also attract foot traffic.

Is the location suitable for a hospitality business in terms of foot traffic and attractions?

Yes. The property sits in the heart of Adelaide’s central business district, close to major streets, theatres, a town square, and popular hostels, offering high pedestrian activity and proximity to events that drive demand for accommodation.

What nearby transport hubs can provide regional and interstate connections?

Adelaide Airport and Port Adelaide are the main air and sea gateways for the region, while the Adelaide railway station serves interstate and interstate rail services, all located within a short drive from the CBD.