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1612/152-160 Grote Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Fantastic Investment Opportunity with Great Rental Return in Adelaide City!!!

Great apartment with approximately 6+% gross rental return in Adelaide CBD!
The location gives you unlimited access to all the places around city under 10 mins and surrounded by a lot of restaurants, cafés and markets. This luxurious apartment situated at Grote Street right in the heart of Adelaide CBD allowed you and your family to maintain a quality lifestyle in your busy city life.
Apartment features you will love:
• Private Gym
• A luxurious infinity pool
• A theatre room
• A billiards room
• A rooftop entertainment/ BBQ area/ spectacular city view
• Secure building access with an intercom system
For interior of the apartment, it consists quality benchtop, quality brand kitchen appliances, bedroom with build in wardrobe, carpet flooring and a reverse cycle ducted air-conditioning system.
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Property Details for 1612/152-160 Grote St, Adelaide

1612/152-160 Grote St, Adelaide is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Harcourts Prohomes.

Building Type
Apartment

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,968 properties. Over the last 5 years, Houses in Adelaide have seen a 53.55% increase in median value, while Units have seen a 20.33% increase. As at 31 August 2024:

  • The median value for Houses in Adelaide is $1,105,627 while the median value for Units is $502,014.
  • Houses have a median rent of $613 while Units have a median rent of $570.
There are currently 178 properties listed for sale, and 84 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1083 properties were sold in the past 12 months in Adelaide.

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Peggie Sim
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Oscar Sheng
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Harcourts Prohomes
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.