SOLD
Sold on 10 Dec 2024 for $540,000

1202/160 Grote Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 81m2
Land area: 90m2
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Property Details for 1202/160 Grote St, Adelaide

1202/160 Grote St, Adelaide is a 2 bedroom, 2 bathroom Unit and was built in 2017. The property has a land size of 90m2 and floor size of 81m2.This Property is currently listed for sale with AC Connection Real Estate

Building Type
Unit
Year Built
2017
Floor Size
81m2
Land Size
90m2
Local Government
Adelaide
Lot/Plan
F1202/C40896

Last Listing description (December 2024)

Perfect for investors seeking a fantastic asset or young professionals looking to take their first leap onto the property ladder, this apartment in the heart of Adelaide?s CBD is simply phenomenal.

With some of the city's greatest conveniences on your doorstep, marvel at the style, exclusivity, and modernism of this apartment.

Built-in 2018, the Central Adelaide Apartments are located in the heart of Adelaide's CBD on Grote Street. A stunning new complex offering modern apartment living, Designed by award-winning architect Brown Falconer.

Key Features You Must Be Aware Of:
* Two good size bedrooms with built-in robe and large windows
* Master bedroom with ensuite, study nook, and private balcony
* Spacious open plan lounge/meals area
* Stylish kitchen with gas cooktop, quality s/steel appliances, and ample cupboards space
* Glass sliding door to the spacious balcony
* Discrete fold-away laundry
* Large balcony with stunning city views
* Ducted reverse cycle air conditioning
* LED downlights
* Easy access to all the amenities

WHAT WE LOVE:
- Cinema, billiards, pool, gym, and clubhouse are all for you to use
- Spacious, sleek, and modern
- Low maintenance
- Close to everything you can dream of, right at your doorstep
- High-quality appliances

LOCATION:
- Located in the heart of the CBD
- Walk to Chinatown, Central Market, restaurants, and shops
- Proximity to public transportation

INFORMATION:
COUNCIL RATE?$567/quarter (approx)
STRATA FEE: $828.72/quarter (approx)
SA WATER SUPPLY: $78.6/quarter (approx)
SA WATER SEWERAGE:$86.95/quarter (approx)
Emergency Services Levy: $118.75/annum (approx)

Rare opportunity to find this unique investment opportunity boasting the ultimate in amenities in the heart of Adelaide CBD. Perfectly positioned close to public transport links, cafes, restaurants, Adelaide Central Market, the Art Gallery of South Australia, the University of South Australia, the University of Adelaide, and school zoning for Adelaide High School.

RLA: 272 867
*Please note that all the information provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions ? including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition or any other particulars. Interested parties should always make their own inquiries and obtain their own legal advice.

Property History for 1202/160 Grote St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$540,000
10 Dec 2024
  • 10 Dec 2024
    Sold for $540,000
  • 12 Apr 2024
    Listed for Sale $609,000
  • 09 Dec 2022
    Sold for $515,000
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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 18,023 properties. Over the last 5 years, Houses in Adelaide have seen a 56.83% increase in median value, while Units have seen a 30.63% increase. As at 30 November 2024:

  • The median value for Houses in Adelaide is $1,134,010 while the median value for Units is $534,563.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 165 properties listed for sale, and 89 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 988 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.