SOLD
Sold on 30 Oct 2023 for $752,000

1001/160 Grote Street
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 45m2
Sold By
Belle Property Adelaide City
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Property Details for 1001/160 Grote St, Adelaide

1001/160 Grote St, Adelaide is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 45m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
90m2
Land Size
45m2
Local Government
Adelaide
Lot/Plan
F1001/C40896

Last Listing description (October 2023)

When your luxury-laden city apartment boasts two balconies, three bedrooms or two plus a guest room or study along with 5-star resort-like building attributes, you know you've found the best place in town.

Central Adelaide Apartments are the perfect central city escape, investment and permanent residence. Discover the jaw-dropping infinity pool, airconditioned gymnasium, cinema, rooftop BBQ facilities and a communal lounge room featuring a television and pool table.

When the fun has to stop, it's an easy walk to work or university from this city location perched midway between Light, Whitmore and Victoria Squares within a short walk of the Central Markets and Chinatown.

Within your spacious apartment, wall-to-wall, floor-to-ceiling sliding glass puts epic city-to-hills views within what feels like fingertip reach. Whether you're cooking, dining, lounging or balcony-bound this panoramic outlook is infinitely impressive.

- Contemporary architectural design built in 2017
- Ideal investment with high rental returns
- Short term leasing gross income of approx. $65,000 per annum
- Secure intercom and FOB building access
- Full width undercover balcony with breathtaking city views
- Light and spacious open plan living
- Stainless kitchen appliances, pantry, gas cooktop, stone benchtops, dishwasher
- Three carpeted bedrooms for peace and privacy
- Master bedroom boasts two built-in robes, private balcony, ensuite bathroom
- Second bedroom with a built-in robe and twinkling city-lights views
- Internal third bedroom or study
- Deluxe, fully-tiled main bathroom
- Separate European-style laundry facilities
- Secure basement carpark
- Public transport on your doorstep
- 2.7m ceilings, ducted reverse cycle a/c, LED downlights
- Zoned Adelaide High School & Adelaide Botanic High School
- Walk to supermarkets, universities, restaurants, cafes and all city attractions

RLA 239435

Property History for 1001/160 Grote St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$752,000
30 Oct 2023
Listed for Rent
$740/w
21 Feb 2023
  • 30 Oct 2023
    Sold for $752,000
  • 02 Mar 2023
    Listed for Sale $735,000 - 755,000
  • 24 Jan 2023
    Listed for Rent $740 / week
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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 17,939 properties. Over the last 5 years, Houses in Adelaide have seen a 53.84% increase in median value, while Units have seen a 25.84% increase. As at 31 July 2024:

  • The median value for Houses in Adelaide is $1,107,070 while the median value for Units is $491,735.
  • Houses have a median rent of $620 while Units have a median rent of $560.
There are currently 169 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1050 properties were sold in the past 12 months in Adelaide.

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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.