Adelaide SA 5000, Australia
909/160 Grote Street sits in Adelaide’s CBD, just minutes from the Central Markets and a variety of dining and entertainment venues. It was sold for $365,000 on 7 Jun 2024 and is leased to a tenant until 25 Apr 2025 with a weekly rent of $510, providing an immediate income stream.
The building offers secure swipe access, video intercom and onsite facilities including a gym and swimming pool, enhancing tenant convenience
Also written as Unit 909, 160 Grote Street.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 7 Jun 2024 | $365,000 | — |
The commercial property at 909/160 Grote Street is listed at $365,000
The property is situated in Adelaide’s central business district, which is covered by the extensive Adelaide Metro network of buses, trains and trams, giving easy access for staff and customers
Within 0.4 km you’ll find hostels (e.g., Sunny’s Adelaide Backpackers, Adelaide Central YHA), the Adelaide Central Market, several theatres (Her Majesty’s Theatre, Queen’s Theatre), and dining options such as the Tequila Sunrise Hostel, providing steady foot traffic
Yes, it sits just off Grote Street, a main city street, and is a short walk (≈0.1–0.4 km) from Gouger Street, Chinatown, Light Square and other key downtown locations
Proximity to popular destinations like the Adelaide Central Market, multiple hostels, and cultural venues means the area experiences regular pedestrian flow, which can translate into strong customer exposure for many commercial uses
The CBD hosts a mix of hospitality, retail, and cultural enterprises, creating a synergistic environment where new businesses can benefit from established supplier networks and shared customer bases
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