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Commercial Property

405/246 Franklin Street

246 Franklin Street, Adelaide SA 5000, Australia

1 Parking
102 m² Internal area
$390,000 Last sale

Property Information

Business Name
Unknown (likely commercial business)

About this commercial property

405/246 Franklin Street occupies a corner position at Franklin and Gray Streets in Adelaide, providing clear vehicle access and a single‑car garage parking space. The site sold for $390,000 on 17 Dec 2012, establishing its recent market value. Its central location and dedicated parking make it suitable for a variety of commercial operations.

Alternate search: Unit 405, 246 Franklin Street.

Sales history

EventDatePricePrice per m²
Sold
Dec 2012
$390,000

Key details

Locality
Adelaide
State
SA
GNAF PID
GASA_721259340
Legal parcel ID
D/83878/A/1000
Remoteness area
Metro
Property type
Commercial
Internal area
102 m²
Land Use Category
Commercial

Frequently asked questions

What parking is available for this commercial unit?

The property includes one dedicated parking space, which was sold for $390,000. No additional on‑site parking is mentioned.

How well is the site connected to public transport?

Located on Franklin Street in the Adelaide CBD, the unit is within walking distance of Adelaide Metro’s bus, train and tram services, providing easy access for employees and customers.

What nearby businesses could complement a retail or hospitality operation?

The premises sit close to several hostels (e.g., My Place & Adelaide Backpackers Hostel), hotels such as Grace Emily Hotel and Adelaide Riviera Hotel, and the Adelaide College of the Arts, offering steady foot traffic from tourists and students.

Is the location suitable for a hospitality‑focused business?

Yes. Being in the city centre and adjacent to multiple hostels, hotels and the popular Waymouth and Franklin streets, the site benefits from high pedestrian volumes and proximity to dining and accommodation venues.

What major roadways provide vehicle access to the property?

The unit is near Sir Donald Bradman Drive and other inner‑city arteries such as Currie Street and Grote Street, giving good connectivity for deliveries and client visits.

Is zoning information available for this address?

Specific zoning details for 405/246 Franklin Street are not provided in the available data.