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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

3901/21-59 Grote Street
Adelaide, SA 5000

$5,250,000

Apartment 4 beds 4 baths 2 cars
Listed Date: 3rd Jun 2026
Overview

Private House-Sized Luxury Above the Heart of Adelaide ---- A Once-in-a-Generation Sub Penthouse at

This exceptional Level 39 Sub Penthouse residence offers a rare opportunity to own one of Adelaide's most significant private homes, situated high above the city within the prestigious Market Square precinct. Designed for discerning owner-occupiers, this apartment combines the grandeur and scale of a private house with the security, convenience, and lifestyle benefits of a world-class city address.

Market Square is a landmark mixed-use development that transforms one of Adelaide's most historic and recognized locations into a vibrant precinct featuring residences, hospitality venues, commercial spaces, curated retail, dining options, public areas, private resident amenities, and the enduring culture of the Adelaide Central Market.

Located above the 150-year-old Adelaide Central Market, this unique setting cannot be replicated. The Central Market has long been a hub for growers, makers, traders, restaurants, families, locals, and visitors, making Market Square a new era of city living that honors this heritage.

For those seeking the finest in Adelaide living without the upkeep of a large estate, these residences provide a secure, private, and beautifully appointed sky home in the heart of the city.

Only two residences are available, with Residence 3901 featuring 4 bedrooms, 4 bathrooms, and 2 car spaces. The internal area is approximately 376 square meters, complemented by a balcony area of about 78.9 square meters, totaling approximately 437.6 square meters. This residence faces north and is priced at $5,250,000.

Each home is designed on a scale rarely seen in Adelaide apartments, offering ample space for family living, entertaining, working from home, hosting guests, and maintaining clear separation between private and shared zones. The floor plan includes expansive open-plan living and dining areas, a separate lounge, a substantial study, generous bedrooms, four bathrooms, and a large private balcony ideal for elevated outdoor living and entertaining.

This residence is suitable as a prestigious full-time city home, a secure Adelaide base, or a luxury lock-up-and-leave property, combining practicality with exceptional quality.

The kitchen is fitted with premium fixtures and fittings, including Miele appliances, an integrated Liebherr fridge/freezer, stone and marble-inspired finishes, Blum soft-close hardware, and a sophisticated contemporary light interior scheme. The master suite offers a generous walk-in robe, a luxurious ensuite with a freestanding bath, brushed nickel tapware, and carefully selected finishes throughout.

This home is designed for those who value privacy, convenience, security, and quality.

Residents can enjoy waking up above the city and walking downstairs to the Central Market, Chinatown, Gouger Street dining precinct, cafes, restaurants, and daily essentials. The residence provides a true scale for entertaining guests and the convenience of city living without compromising on space, prestige, or comfort.

The development offers exceptional resident amenities, including lounges, private dining spaces, a cinema and games room, outdoor kitchen, health and wellbeing areas, co-working spaces, car wash facilities, EV charging stations, parcel storage, and more.

This is a landmark project that Adelaide may not see again, offering a landmark home above a landmark market within a landmark precinct. For buyers seeking scale, privacy, prestige, and an irreplaceable city address, these Level 39 Sub Penthouse residences represent one of the most important residential offerings in Adelaide.

Key Features:

  • Landmark Market Square Adelaide address
  • Positioned on Level 39 above the Adelaide Central Market precinct
  • Approximately 437.6 square meters total area
  • 4 bedrooms, 4 bathrooms, and 2 car spaces
  • Expansive approximately 78.9 square meters private balcony
  • House-sized proportions with multiple living zones
  • Separate lounge, dining, living, and study areas
  • Ideal for owner-occupiers seeking space, privacy, and convenience
  • Premium kitchen with Miele appliances
  • Integrated Liebherr fridge/freezer
  • Blum soft-close hardware
  • Contemporary light interior scheme
  • Luxurious master suite with walk-in robe and ensuite
  • Freestanding bath and brushed nickel bathroom fittings
  • Secure, low-maintenance lock-up-and-leave lifestyle
  • Resident amenities including lounges, private dining, cinema, wellbeing, co-working, car wash, and EV charging
  • Moments from Chinatown, Gouger Street, Victoria Square, cafes, restaurants, and public transport
  • A rare large-format Sub Penthouse offering in one of Adelaide's most significant mixed-use precincts

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
3901/21-59 Grote Street
Adelaide SA 5000
Measurements
Type Dimensions
Floor Area 376 m²
Market Insights for Adelaide SA 5000
New Listings (last 30 days)
7
Average price
$714,857
Lowest price
$370,000
Highest price
$1,250,000
Other properties in this postcode

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