SOLD
RECENT ADVICE
Sold on 15 Jan 2024 for $345,000

1207/160 Grote Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 1207/160 Grote St, Adelaide

1207/160 Grote St, Adelaide is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Apartment sold in Adelaide in the last 12 months.

Building Type
Apartment
Local Government
Adelaide
Lot/Plan
F1207/C40896

Last Listing description (January 2024)

Great apartment with approximately 6.8% gross rental return in Adelaide CBD!

The location gives you unlimited access to all the places around city under 10 mins and surrounded by a lot of restaurants, cafés and markets. This luxurious apartment situated at Grote Street right in the heart of Adelaide CBD allowed you and your family to maintain a quality lifestyle in your busy city life.

Apartment features you will love:

• Private Gym
• A luxurious infinity pool
• A theatre room
• A billiards room
• A rooftop entertainment/ BBQ area/ spectacular city view
• Secure building access with an intercom system

For interior of the apartment, it consists quality benchtop, quality brand kitchen appliances, bedroom with build in wardrobe, carpet flooring and a reverse cycle ducted air-conditioning system.

This inner-city property with breathtaking views is bound to tick every box. Spacious enough to comfortably house a young family or home budding professionals.
Want to invest? These properties are currently generating good investment yield. Don't miss out this golden opportunity to get yourself a luxurious apartment in this great location with high rental return.

Specifications:
CT / 6189/ 623
Council / City of Adelaide
Zoning / Capital City
Built / 2017
Rental Income / $470 per week
Council Rates / $398.2 pq (approx.)
Strata + Sinking Fund / $505.32 pq (approx.)
ESL / $110 per year (approx.)

Nearby Schools / Pulteney Grammar Primary School, St Aloysius College, Gilles Street P.S, Adelaide Botanic H.S, Adelaide H.S,

If this property suits you, contact our agents today on:
Peggie 0414 304 262
Oscar 0433 644 039

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.

Harcourts Prohomes | RLA292426

Property History for 1207/160 Grote St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$345,000
15 Jan 2024
Listed for Rent
$430/w
11 Feb 2022
  • 15 Jan 2024
    Sold for $345,000
  • 12 Jan 2022
    Listed for Rent $430 / week
  • 22 Jul 2021
    Listed for Rent $430 / 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 17,716 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.
There are currently 175 properties listed for sale, and 80 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1067 properties were sold in the past 12 months in Adelaide.

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Contact agent
Peggie Sim
Show contact details
Oscar Sheng
Show contact details
Harcourts Prohomes
Preferred contact:
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.