71/227 North TerraceAdelaide SA 5000
Property Details for 71/227 North Tce, Adelaide
71/227 North Tce, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (October 2024)
Price adjusted to sell this weekend .FABULOUS INVESTMENT - Currently rented at $585 per week until 31/1/25 at Approximately 7% yield . Speak with the agent for details.
EASY TO RENT -BALCONY VIEWS
**Contact agent for inspection to suit you**
Positioned on North Terrace in the heart of Adelaide's educational and cultural precinct, this exciting investment opportunity presents a one bedroom fully furnished apartment for the astute investor. Speak with the agent soon if this is your intention as the property will soon be re leased.
This vibrant apartment building is optimally located to attract student residents. Within steps is the University of South Australia's City East campus, the University of Adelaide, the Adelaide Museum, the Art Gallery of South Australia, the State Library and popular shopping and dining destinations. Apartment 71 delivers a fresh and stylish one bedroom accommodation featuring open plan living, a modern kitchen, laundry facilities and a fully-tiled bathroom.
PROPERTY FEATURES
*Completely furnished accommodation
*Secure and private front entry
*Open plan living and dining with lovely balcony views.
*Ducted air conditioning
*Fully carpeted in bedrooms, lounge & dining rooms.
*Modern kitchen with dishwasher, gas cooktop, fridge & oven
*One single bedrooms with built in robes, natural light and bed
*Laundry facilities with dryer
*Fully tiled bathroom
*Property comes fully furnished and with all appliances.
A rare opportunity indeed to secure an investment within metres of Rundle mall, vibrant cafes and of course the iconic Adelaide Oval, River Torrens, Festival Theatre, Botanic Gardens and The Adelaide Zoo. The walk across the road to all the educational buildings including State Library, Art Gallery, Adelaide University and The Adelaide University of South Australia East campus is a breeze and ultra convenient for the busy student or city worker.
Council rates $1330 p.a ,
SA Water $200 per1/4
Property History for 71/227 North Tce, Adelaide, SA 5000
- 31 Oct 2024Sold for $330,000
- 12 Aug 2024Listed for Sale RECENT SALES
- 11 Jan 2019Listed for Rent - Price not available
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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 17,727 properties. Over the last 5 years, Houses in Adelaide have seen a 55.29% increase in median value, while Units have seen a 24.26% increase. As at 30 September 2024:
- The median value for Houses in Adelaide is $1,117,950 while the median value for Units is $513,770.
- Houses have a median rent of $615 while Units have a median rent of $570.
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