OFF MARKET

16 Reeces Lane
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 93m2
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Last updated 30 Sep 2024
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Property Details for 16 Reeces Lane, Adelaide

16 Reeces Lane, Adelaide is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 93m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1900
Floor Size
54m2
Land Size
93m2
Local Government
Adelaide
Lot/Plan
A244/F182706

Last Listing description (June 2023)

***First Open Inspection - Wednesday 31st May from 5:30pm till 5:45pm - We highly recommend an online application be submitted prior to viewing. If you are feeling unwell, please do not attend the showing and contact the property manager to arrange an alternate time for viewing***

Hidden within the commercial recesses of the historic West End, this cosy, well-kept Cottage will hit the spot for professional singles, retirees or couples wanting to be right in the middle of the hustle and bustle of the heart of the city. Hidden away in a quiet laneway, access is gained by the beautiful installation by the local council of reflective street printing and a community-maintained climbing garden which mark the colourful, single lane arrival to the cottage with its invaluable rear lane access and off street parking.

What we love about this property is:

- Period style with modern and trendy renovations
- Freshly painted throughout
- Ultra trendy polished concrete flooring
- Updated bathroom and kitchen
- High ceilings
- Unique attic storage space
- Rear entertaining area or off street parking
- Amazing CBD location

For any more information, please don't hesitate to call or email. We highly recommend that an online application be submitted prior to viewing the property by clicking the "Apply Online" button on the right hand side of this advertisement or calling/emailing to obtain an application.

This property is being offered with a 12 month fixed term lease agreement with the tenant to pay all water usage and supply charges. Pets Negotiable.

Property History for 16 Reeces Lane, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$500,500
13 Aug 2021
Listed for Rent
$435/w
26 May 2023
  • 26 May 2023
    Listed for Rent $435 / week
  • 16 Aug 2021
    Listed for Rent $370 / week
  • 13 Aug 2021
    Sold for $500,500
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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 17,965 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 83 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1079 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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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.