FOR SALE
Sale Price Unavailable

707/160 Rundle Mall
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 27m2
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PRIME INVESTMENT OPPORTUNITY IN ADELAIDE CBD

LOCATION: 707/160 RUNDLE MALL ADELAIDE SA 5000
PRICE: BEST OFFER
INSPECTION: By Appointment Only
Seize the chance to invest in a highly sought-after student accommodation, situated on the 7th floor which is ROOFTOP and offering breathtaking north and east-facing views of the hills and city skyline. This stylish and fully furnished one-bedroom apartment is designed with comfort and convenience in mind, featuring a separate living area, a well-appointed kitchen/meals zone, and a modern bathroom. The split-system air conditioning ensures year-round comfort.
What sets this property apart is its hassle-free management setup, making it a perfect hands-off investment. The building offers a range of shared amenities, including on-site management, communal TV rooms, kitchens, and laundries on each level, plus a rooftop entertaining area for residents to unwind and socialize.
Located within easy walking distance to major city universities, trendy cafes, vibrant restaurants, Rundle Mall shopping, and excellent public transport options, the property is ideally positioned for international students seeking the ultimate in convenience.
Leased periodically at $350 per week, this is a secure investment with a lease specifically catering to the international student market.
This is an unbeatable opportunity for investors looking for a reliable, low-maintenance addition to their portfolio.
SUBMIT AN OFFER:
https://form.jotform.com/240064088547863
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Property Details for 707/160 Rundle Mall, Adelaide

707/160 Rundle Mall, Adelaide is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 27m2. The place is currently for sale with EXP AUSTRALIA SA.

Building Type
Apartment
Land Size
27m2

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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 18,026 properties. Over the last 5 years, Houses in Adelaide have seen a 54.85% increase in median value, while Units have seen a 28.95% increase. As at 31 December 2024:

  • The median value for Houses in Adelaide is $1,134,486 while the median value for Units is $535,077.
  • Houses have a median rent of $620 while Units have a median rent of $590.
There are currently 155 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1022 properties were sold in the past 12 months in Adelaide.

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Vin Sran
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