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Commercial Property

261 Wright Street

261 Wright Street, Adelaide SA 5000, Australia

1 Parking
232 m² Land size
$826,000 Last sale

Property Information

Business Name
Unknown (likely commercial business)

About this commercial property

261 Wright Street is a heritage‑grade bluestone building positioned on roughly 232 m² of land in Adelaide’s South West Market Precinct, offering a Torrens Title and a separate utility/workshop area that can accommodate light commercial or office operations. The site includes one off‑street parking space and benefits from easy pedestrian access to the Central Market, Gouger St and nearby public transport routes. It sold for $826,000 on 15 Apr 2019.

Sales history

EventDatePricePrice per m²
Sold
Apr 2019
$826,000$3,560

Price per m² based on land size of 232 m².

Key details

Locality
Adelaide
State
SA
GNAF PID
GASA_415499725
Legal parcel ID
F/167831/A/92
Remoteness area
Metro
Property type
Commercial
Land size
232 m²
Land Use Category
Commercial

Frequently asked questions

What parking facilities are included with the property at 261 Wright Street?

The listing includes one dedicated parking space. This provides immediate on‑site parking for staff or customers, which is valuable in the central business district where parking is at a premium.

How well is 261 Wright Street served by public transport?

The site is within walking distance of the Adelaide Metro network, including bus routes, the O‑Busway and several commuter rail stations. Nearby tram services also connect the city centre to the coastal suburb of Glenelg, offering convenient access for employees and visitors.

What nearby amenities could benefit a business operating from 261 Wright Street?

The property is surrounded by a mix of cultural, civic and retail landmarks such as the Central Adelaide Mosque, Sturt Street, Gouger Street dining precinct, Chinatown and the Adelaide Trades Hall. These amenities create a vibrant environment that can attract foot traffic and support hospitality, professional services and retail operations.

How close is the property to major transport hubs like the airport and port?

261 Wright Street is located in central Adelaide, approximately 10–12 km from Adelaide Airport and about 8 km from Port Adelaide. This proximity facilitates easy logistics for businesses that require air freight or sea‑based shipping.

What was the recent transaction price for this commercial property?

The property sold for $826,000. This price reflects its central location, existing parking provision and the surrounding commercial activity in the Adelaide CBD.

Is the location suitable for office or retail use?

Being in the heart of Adelaide’s business district, the site benefits from high pedestrian activity, extensive public transport links and proximity to key services and eateries, making it well‑suited for both office and retail concepts.