SOLD
RECENT ADVICE
Sold on 08 Aug 2024 for $615,000

1216/160 Grote Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1216/160 Grote St, Adelaide

1216/160 Grote St, Adelaide is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.

Building Type
Apartment
Local Government
Adelaide
Lot/Plan
F1216/C40896

Last Listing description (August 2024)

Spacious apartments with North, East, and West views offer a dream location. The prime spot provides unlimited access to all city destinations within 10 minutes and is surrounded by numerous restaurants, cafés, and markets. Located on Grote Street, right in the heart of Adelaide CBD, this luxurious apartment allows you and your family to maintain a quality lifestyle amidst the hustle and bustle of city life.

Ideally located between Morphett Street and West Terrace, this prime spot offers unbeatable convenience. Enjoy trendy coffee and dessert bars just steps away, with the famous Central Market, Chinatown, and Her Majesty's Theatre nearby. The City Centre is only a short walk or a quick, free tram ride away, making it easy to access all the best Adelaide has to offer.

This spacious, ultra-modern apartment includes:

- 2 large bedrooms, both with built-in wardrobes
- Floor-to-ceiling high windows in living room and bedroom
- Open plan living, kitchen, and dining area
- Stylish kitchen with gas cooktop, high-quality stainless steel appliances, ample cupboard space, and a dishwasher
- Spacious and ultra-modern main bathroom
- Ducted reverse cycle air conditioning
- Fantastic-sized balcony with stunning views over the city and hills, perfect for entertaining friends or family
- Discreet fold-away laundry
- Secure car park
- Security entrance with intercom

Apartment features you will love:

- Excellent natural sunlight with a northeast aspect
- Private gym
- Luxurious infinity pool
- Theatre room
- Billiards room
- Rooftop entertainment area with BBQ and spectacular city views
- Secure building access with an intercom system

In summary, Central Adelaide Apartments on Grote Street provide a perfect combination of luxury, convenience, and urban living. This makes them the ideal choice for anyone seeking a premium lifestyle or a lucrative investment in the heart of Adelaide.

Estimated rental assessment / $700 - $730 per week / Written rental assessment can be provided upon request

Property History for 1216/160 Grote St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$615,000
08 Aug 2024
Listed for Rent
$750/w
03 Jul 2024
  • 30 Aug 2024
    Sold for $615,000
  • 19 Jul 2024
    Listed for Sale UNDER CONTRACT AFTER FIRST OPEN
  • 22 Jun 2024
    Listed for Rent - Price not available
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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 17,718 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 90 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1000 properties were sold in the past 12 months in Adelaide.

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Felix Chu
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David Deng
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