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Commercial Property

404/185 Morphett Street

185 Morphett Street, Adelaide SA 5000, Australia

- Parking
$235,000 Last sale

Property Information

Business Name
Unknown (likely commercial business)

About this commercial property

Located in the West End City Precinct, 404/185 Morphett Street was sold for $235,000 on 14 Aug 2019. The property can be operated under the Oaks Hotels and Resorts management arrangement, offering a guaranteed rental return of $1,370.79 per month after management and cleaning fees. Its central position provides easy access to major city amenities and transport links, supporting a range of commercial uses.

Alternate search: Unit 404, 185 Morphett Street.

Sales history

EventDatePricePrice per m²
Sold
Aug 2019
$235,000

Key details

Locality
Adelaide
State
SA
GNAF PID
GASA_424522801
Legal parcel ID
C/25362/F/404
Remoteness area
Metro
Property type
Commercial
Land Use Category
Commercial

Frequently asked questions

What type of commercial enterprises could benefit most from 404/185 Morphett Street?

The property sits in Adelaide’s central business district, making it ideal for retail outlets, cafés, professional offices or small hospitality venues that rely on high pedestrian traffic and visibility.

How well is the location served by public transport?

Morphett Street is within walking distance of Adelaide Metro’s extensive bus, tram and train services, giving easy access for staff and customers from across the metro area.

What nearby amenities can support a business operating from this site?

The address is surrounded by hostels, hotels, theatres (Queen’s Theatre, Her Majesty’s Theatre), the Adelaide Fringe Festival venue, and the Adelaide College of the Arts, providing a steady flow of visitors and potential clientele.

Is the property located in a high‑foot‑traffic area?

Yes, being in the heart of the CBD and adjacent to popular cultural and tourism spots ensures strong foot traffic throughout the day and especially during events and festivals.

What are the key transport links near the property for vehicle access?

The site benefits from Adelaide’s well‑planned road network, with nearby arterial roads and convenient connections to the city’s freeways, making deliveries and client visits straightforward.

What is the listed price for this commercial property?

The commercial unit at 404/185 Morphett Street is listed for $235,000.

How does the Adelaide business environment enhance the suitability of this location?

Adelaide is a Gamma + global city with a strong government and financial sector, extensive transport infrastructure and a reputation for livability, all of which create a supportive backdrop for new and expanding businesses.