SOLD
RECENT ADVICE
Sold on 01 Apr 2024 for $440,000

1201/10 Balfours Way
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
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Property Details for 1201/10 Balfours Way, Adelaide

1201/10 Balfours Way, Adelaide is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.

Building Type
Apartment
Floor Size
73m2

Last Listing description (April 2024)

Immerse Yourself in Urban Luxury with Sweeping Views!

Discover the charm of urban living in this spacious apartment nestled in the West End Precinct. Offering a perfect mix of modern design and convenience, this residence is an excellent choice for both homeowners and savvy investors.
Discover the heartbeat of the city right outside your door, where premier dining, shopping, and entertainment unfold effortlessly. Adelaide Markets and Gouger Street, home to culinary delights, are just a leisurely stroll away.

Very close by you'll find Light Square, the Medical Precinct, and the Riverbank Precinct with Adelaide Oval, Convention Centre, and the Festival Theatre boasting vibrant culture. Adelaide's universities and Tafe are also very close by, and public transport is easily accessible.

Whether it's your personal residence, a private lease, an Airbnb venture, or a strategic investment with Oaks Hotels and Resorts, this property offers ample possibilities. Currently leased to the Oaks Hotels and Resorts for a guaranteed monthly rent of $2,162.33.

Positioned on the 12th floor, the apartment takes in breathtaking north-facing views that span Light Square, Adelaide Oval, and the River Torrens Precinct. Enjoy the spectacle of sunsets over the ocean, setting the stage for a truly captivating city lifestyle.

Inside the apartment consists of modern décor with open-plan living and dining. The kitchen well-appointed with solid bench tops and premium fixtures. The full-width balcony, with toughened bi-fold windows, doubles as an all-weather sunroom-an ideal space for alfresco dining, entertaining, or simply soaking in the spectacular views.

Two generously sized bedrooms with built-in robes and east-facing views over the city skyline offer comfort and tranquillity. The bathroom is modern in design with floor to ceiling tiles, large shower, and quality finishes. Further features include reverse cycle air conditioning, Cat-5 cable throughout the building and excellent security with swipe card access and video intercom to allows guests to your room.

A secure internal car park with swipe card access is a rare luxury in city living. Communal facilities elevate the experience, featuring Adelaide's first indoor glass-bottom pool, a spa, sauna, and steam room-a resort-style oasis.
Adelaide, the 12th most liveable city invites you to secure your slice of city paradise.

PROPERTY INFORMATION:

Certificate of Title: Volume 6057 Folio 722

Council: City of Adelaide

Year Built: 2009

Oaks Management Fees: $259.80 per month (approx.) *Only applicable if leased to the Oaks.

Council Rates: $1,662.85 per annum (approx.)

SA Water Rates: $219.40 per quarter (approx.)

Community Fees:
Admin Fund: $1,037.00 per quarter (approx.)
Sinking Fund: $322.00 per quarter (approx.)

ESL: $501.15 per annum (approx.)

Property History for 1201/10 Balfours Way, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$440,000
01 Apr 2024
  • 27 Mar 2024
    Sold for $440,000
  • 08 Dec 2023
    Listed for Sale UNDER CONTRACT - CONTACT TOBY
  • 08 Apr 2011
    Sold for $441,800

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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 17,717 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:

  • The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
  • Houses have a median rent of $610 while Units have a median rent of $580.
There are currently 182 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 993 properties were sold in the past 12 months in Adelaide.

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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.