Commercial Property

27/36 Franklin Street

Adelaide SA 5000, Australia

- Parking
57 m² Land size
- Internal area
$145,000 Last sale (2004)

Snapshot

Key points for 27/36 Franklin Street.

  • Estimated market value: $380,000
  • Land size: 57 m²
  • 4‑star aparthotel operating within the building at 36 Franklin St, providing short‑stay accommodation
  • Unit floor area 57 m²
  • Block size approx 346 m² (entire lot)

About this commercial property

Unit 27 is part of the Franklin Apartments building on Franklin Street in the Adelaide city centre. The building hosts a 4‑star aparthotel offering short‑stay accommodation and includes a mix of residential units. The unit occupies a floor area of 57 m² within the multi‑unit block and is situated on a parcel of land measured at 57 m²

Also written as Unit 27, 36 Franklin Street.

Key details

Locality
Adelaide
State
SA
Coordinates
34.92658291 / 138.59757695
GNAF PID
GASA_414892940
Legal parcel ID
C/20190/F/63
Remoteness area
Metro
Property type
Commercial
Unit land size
57 m²
Unit internal area
-
Bushfire risk
Present
Flood risk
Present
Heritage overlay
Detected
Land Use Category
Commercial

Commercial property information

Franklin Apartments
Hotel
Not verified / may have moved

Listed in business directory top‑panel as a 4‑star aparthotel located at 36 Franklin St.

4‑star aparthotel offering serviced apartments in Adelaide CBD.
Living Slim
Cafe
Not verified / may have moved

Appears in business directory "Most popular places at this address" snippet as a café/health‑food outlet.

Rosé Bagels
Bagel shop / Café
Not verified / may have moved

business directory lists as a popular bagel shop at the address with 4.9 ★ rating from 296 reviews.

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$695
Expected property value
$380,000
Estimated yield
9.51%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
1 Mar 2004
$145,000—
Sale
1 Dec 1998
$149,000—

Property insights

Building profile

Franklin Apartments is a low‑rise mixed‑use building that includes a 4‑star aparthotel and residential units. The block contains 71 units, with the majority owner‑occupied
  • 4‑Star aparthotel operating within the building at 36 Franklin St, providing short‑stay accommodation

Property Features

  • Unit floor area 57 m²
  • Block size approx 346 m² (entire lot)
  • Heritage protection planning control present
  • Estimated weekly rent $555 /week (7.6% gross yield)
  • Valuation range $325 k – $435 k (mid $380 k)

Real Estate Agencies

Ordered by:
Harris Real Estate - Kent Town RLA 226409
1.8 km
Exp Real Estate Australia - RLA300185
2.6 km
Harris Real Estate - Glenelg RLA 343664
9.3 km
Boffo Real Estate - RLA313174
3.7 km
Eclipse Real Estate - RLA 277085
3.9 km
Belle Property Glenelg / Henley Beach - RLA 254416 / RLA 329240
9.8 km
Harris Real Estate - Daw Park RLA 333839
5.7 km
Belle Property - Norwood
2.4 km
Belle Property Adelaide City
0.5 km
Bailey Property - Tea Tree Gully / Greenwith
16.2 km
Belle Property Mawson Lakes
13.9 km
Harcourts Tagni - (RLA 255915)
17.8 km
D B Philpott Real Estate RLA 46442 - Prospect
4.7 km
Harcourts Prohomes RLA292426 - NORTH ADELAIDE
2.0 km
Fox Real Estate - Adelaide (RLA 226868)
2.1 km
Alexander Real Estate - (RLA 308922)
5.8 km
AC Real Estate - ADELAIDE
0.8 km
Harcourts Packham Property - RLA 270 735,281342
9.5 km
Harcourts - St Peters
4.3 km
All Adelaide - City Edge RLA213674
5.9 km
Auta Real Estate - Fullarton RLA 281476
4.5 km
Harcourts - Adelaide City
0.7 km
Harcourts - Property People (RLA 60810)
6.6 km
* Approximate straight-line distances

Frequently asked questions

What is the estimated market value for the unit?

The mid‑range estimate is approximately $380,000

What type of property is unit 27 at 36 Franklin Street?

It is an apartment/unit within a mixed‑use aparthotel building

How large is the unit floor area?

The unit has a floor area of 57 m²

What is the estimated weekly rent for the unit?

The Estimated weekly rent is about $555 per week

Which notable place is located nearest to the property?

The Adelaide General Post Office is approximately 0.2 km away

What kind of property is this?

27/36 Franklin Street is listed as Commercial in Adelaide, SA

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

27/36 Franklin Street is described with land size of 57 m²

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $380,000, the calculated weekly rent is $695 per week, and the indicative gross yield is 9.51%

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