702/185 Morphett Street

702/185 Morphett Street is listed as a commercial property with a price of $346,500. The price reflects a sale on the commercial market, not a rental or lease rate

The unit sits on Morphett Street in the heart of Adelaide’s central business district, within a few hundred metres of Light Square, Queen’s Theatre and the Adelaide Fringe Festival venues. It is essentially inside the CBD, making it highly visible to pedestrians and commuters

Adelaide Metro’s bus and tram network runs directly along nearby streets such as Hindley and Grote Streets, providing easy access to the city’s tram line to Glenelg and multiple bus routes. The main Adelaide railway station is also a short walk away, linking the site to the wider metropolitan rail system

The immediate vicinity includes hostels (Adelaide Central YHA, Tequila Sunrise Hostel), hotels (Grace Emily Hotel, Quest on Franklin), performing‑arts venues (Queen’s Theatre, Her Majesty’s Theatre), and the Adelaide College of the Arts. These attract both locals and visitors, creating foot traffic ideal for retail, hospitality or service‑oriented enterprises

Given its central CBD position, high pedestrian flow and proximity to cultural venues and accommodation, the site is well‑suited for retail showrooms, cafés or restaurants, professional offices, or small‑scale hospitality concepts. The mix of nearby entertainment and tourism assets supports a variety of customer‑focused businesses

The property can be accessed via Grote Street and Hindley Street, both major arterial roads that connect to the city’s inner ring route and the wider road network. These streets also link to the Southern Expressway and other key thoroughfares, facilitating smooth vehicle movements for customers and deliveries