SOLD
Sold on 12 Dec 2023 for $399,000

1505/10 Balfours Way
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 42m2
Sold By
Professionals Robins 888
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Property Details for 1505/10 Balfours Way, Adelaide

1505/10 Balfours Way, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 42m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
52m2
Land Size
42m2
Local Government
Adelaide
Lot/Plan
F1505/C26048

Last Listing description (August 2024)

Set on the 15th Floor with views to the South and West, this apartment is sure to put a smile on your face

A versatile and affordable apartment, the benefits of living in the city are almost unlimited. You could arguably eat at a different restaurant or eatery every week and still never get around to them all. From silver service dining at Seans Kitchen, yum cha at Star House, The Meat and Wine Co. for the best steaks, Teppanyaki at Erato, and the list goes on

Situated in the West End Precinct, you are just a short walk away from Chinatown, Adelaide Oval, the Riverside Precinct and Festival Theatre, Rundle Mall, Adelaide University & TAFE campuses, and the gastronomical delights of Central Market? we could go on for days!

However, if you need to move around Adelaide, there are bus stops at your door, the North Terrace Tram within an easy walk, as is the Central Train Station

Available now to live in, place the property into the normal rental market or take advantage of the current usage to run the property as an Air BnB. Our vendor has been running the apartment in the short-term leasing market with a very healthy annual return as this position and style of property are highly sought after in this market place

The apartment itself offers a flood of natural light; the master bedroom can accommodate a king size bed. A blended Californian laundry is tucked away in the hall and a HQ bathroom makes it all that more appealing. The open plan living with the kitchen running along the wall offers versatility and a surprising amount of room. The living area made even bigger by the glass sliding doors that lead to a fully glass enclosed balcony/sunroom with caf? style stacker top doors to open to the outside air. If you have looked at apartments in the CBD, this, is a rare and valuable feature. The perfect venue for a relaxing wind down drink or dinner whilst the sunsets, and the sparkling lights of the CBD start to dance. Category 5 cabling and split system air conditioning are added benefits.

The Balfour apartments offer key card and security video intercom access into the building, perfect for the safety conscious. The communal facilities include a funky glass bottom edge pool, sauna, steam room and spa, another awesome way to unwind after a big day or a great bonus when attracting tenants .The apartment comes with a secure carpark allocation with added key card swipe security in and out of the carpark and lifts.

So much value and potential at a sensational entry price

Year Built: 2009
Council Rates: $391 p/q (approx.)
SA Water Rates: $154 + usage p/q (approx)
Community Corporation:
Admin Levy: $1006 p/q (approx)
Sinking Fund: 292 p/q (appro.)
ESL: $100 p/a (approx)

RLA 188874

Property History for 1505/10 Balfours Way, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$399,000
12 Dec 2023
  • 12 Dec 2023
    Sold for $399,000
  • 12 Oct 2023
    Listed for Sale $370k-$399k
  • 15 May 2020
    Sold for $301,000
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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 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 181 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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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.