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Sold on 14 Jan 2025 for $335,000

117/255 Hindley Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 72m2
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Property Details for 117/255 Hindley St, Adelaide

117/255 Hindley St, Adelaide is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1991. The property has a land size of 72m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are 17 other 2 bedroom Townhouses sold in Adelaide in the last 12 months.

Building Type
Townhouse
Year Built
1991
Floor Size
64m2
Land Size
72m2
Local Government
Adelaide
Lot/Plan
U117/S11687

Last Listing description (January 2025)

In the heart of the vibrant West End, this fully self-contained apartment, in one of the most convenient locations in the CBD, presents the ultimate lock-up and leave investment opportunity. Currently managed as a serviced, short-stay apartment, this large two-bedroom corner apartment, with dual balconies, boasts contemporary furnishings, tasteful decor, and quality fixtures and fittings. You'll find Adelaide's best shopping and dining options, like Rundle Mall and Gouger Street, and brilliant proximity to UniSA campus, the Adelaide Convention Centre, and the iconic Adelaide Oval. With the trams, trains, buses, and taxis on your doorstep, getting around this area is a breeze!

- Set & forget investment through Accor Hotel Group until 5 May 2031
- Large two-bedroom corner apartment with dual balconies

- Two good-sized bedrooms, both with built-in robes & balconies
- Spacious L-shaped layout, capturing beautiful natural light
- Well-equipped kitchen and dining area with electric cooktop
- Split system heating & cooling throughout
- Secure car parking within the building with secure intercom access
- Walking distance to all amenities; prime location in the heart of the CBD
- Adjacent to the UniSA West Campus

Other important information:

- Property to be sold with all furniture
- Apartment is in agreement with Accor Hotel Group until 5 May 2031
- Total revenue from serviced apartment $26,286.77 (approximately) ending FY24
- Revenue fluctuates depending on the occupancy rates of the building
- The previous 6 month period has been extremely busy and high-yielding for owners within the group

Other Information:
Title: Strata Title
Council: City of Adelaide
Zoning: City Main Street
Build: c1991
Internal: 64sqm
Council rates: $1,607.00 per annum
SA Water: $165.55 per quarter
Emergency Services Levy: $306.30 per annum
Strata Manager: Strata Data
Strata Rates: $1,920.07 per quarter

All information has been obtained from sources deemed to be accurate, however, it cannot be guaranteed and neither the agent, agency or vendor accepts any liability for errors, omissions or oversights. Any reference to rates/outgoings, school zoning, planning consent, land/building sizes, build year, and solar panels are all approximate. It is recommended any interested parties conduct their own due diligence. RLA325330.

Property History for 117/255 Hindley St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$335,000
14 Jan 2025
  • 14 Jan 2025
    Sold for $335,000
  • 20 Aug 2024
    Listed for Sale Under Offer By Daniel Seach & Peter Li
  • 14 Feb 2001
    Sold for $117,915

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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 18,033 properties.

    There are currently 160 properties listed for sale, and 96 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1020 properties were sold in the past 12 months in Adelaide.

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