121-125 Melbourne Street, North Adelaide, SA 5006

Retail
|Land/Development
|Showrooms/Bulky Goods
'Best Offers' over $3,900,000
'Best Offers' over $3,900,000
Published on: 14 Apr 2025
Last updated on: 20 Jul 2025
121-125 Melbourne Street, North Adelaide, SA 5006
121-125 Melbourne Street, North Adelaide, SA 5006
121-125 Melbourne Street, North Adelaide, SA 5006
+22
121-125 Melbourne Street, North Adelaide, SA 5006
  • 22
  • 1
Property ID: 504838564
Translate to English

Key property information

Land Size
1,230.00 m2
Floor Area
336.00 m2

Premium High Street Investment and Development Opportunity

121-125 Melbourne Street, North Adelaide, SA 5006
- 3 shopfronts in the centre of Melbourne Street 
- Building area of 336 square metres* 
- Land area of 1,230 square metres* 
- Prime development potential up to 22 metres* STCC 
- Leased to three longstanding tenants with excellent future rental upside potential 
- Currently occupied by a café, a fashion boutique, and a barber 
- Minutes away from the Adelaide CBD 
- Zoned City Main Street (CMS) in the City of Adelaide 

121-125 Melbourne Street, North Adelaide is a generational opportunity to secure a premium commercial site comprising two torrens-titled properties in the centre of one of Adelaide's most vibrant high streets. Set on 1,230 square metres of land with a total building area of 336 square metres, the site features three established tenancies, substantial holding income and outstanding development potential. 

Ideally located on the eastern side of Melbourne Street, the property benefits from high foot traffic and close proximity within 2.5 kilometres from the Adelaide CBD. 121-125 Melbourne Street is zoned for City Main Street (CMS) in the City of Adelaide, providing capacity for development for up to 22 metres. 

Tenants include a longstanding café, fashion boutique and a barber shop— all beautifully fitted and trading with established clientele. 

Melbourne Street is a thriving retail and hospitality hub surrounded by high-density residential growth. Within close proximity to the site is the $250 million mixed-use development at 88 O'Connell, the $24 million Botten + Bowser high-density residential project and the $57 million Brougham luxury residential project, all within walking distance. 

Don't miss this opportunity to invest in a high-performing asset with excellent investment and development upside.

121-125 Melbourne Street, North Adelaide is available for sale with 'best offers' over $3,900,000. 

For further information or to arrange an inspection of 121-125 Melbourne Street, North Adelaide, please contact Saxon Smith from Higher Commercial (RLA 323 903) or Helen Gong from Refined Real Estate (RLA 217 949).

Disclaimer: 
This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903

Property Details

Basic Info

Property Type
RetailLand/DevelopmentShowrooms/Bulky Goods
Listing Status
On Market
Land Size
1,230.00 m2
Address
121-125 Melbourne Street, North Adelaide, SA 5006

Floorplans and tours

Floorplan
Saxon Smith
Saxon Smith
43 Sturt Street, Adelaide, SA 5000
Get in touch
Report this page

Contact Agent

Email enquiry to Higher Commercial

Saxon Smith
Saxon Smith
43 Sturt Street, Adelaide, SA 5000
What's your enquiry about?
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 504838564

      Original Property ID: 504838564
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.