SOLD
RECENT ADVICE
Sold on 05 Nov 2024 for $711,250

1601/10 Balfours Way
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 133m2
Land area: 31m2
Sold By
Belle Property Glenelg
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Property Details for 1601/10 Balfours Way, Adelaide

1601/10 Balfours Way, Adelaide is a 3 bedroom, 2 bathroom Unit and was built in 2010. The property has a land size of 31m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
133m2
Land Size
31m2
Local Government
Adelaide
Lot/Plan
F1601/C26048

Last Listing description (November 2024)

Perfectly positioned within the heart of the Adelaide CBD on a quiet laneway between Waymouth and Franklin Street, this spacious, light-filled and pet-friendly property delivers executive apartment living at its absolute finest. With only four apartments located on the 16th floor, the property presents a rare opportunity to secure one of several uniquely appointed and highly sought-after floor plans. Showcasing contemporary style throughout, the home features uninterrupted views as far as the ocean, dual enclosed balconies with bi-folding windows, three generous-sized bedrooms, a full-sized laundry with built-in linen cupboard, ducted reverse cycle air-conditioning, two secure underground car parks and access to the swimming pool, spa, sauna and steam room facilities.

With the ability to live in, lease out or use for holiday accommodation, this is your opportunity to secure an envious holding within walking distance of Rundle Mall, Adelaide Central Market, city parklands, The Royal Adelaide Hospital and local universities. While the apartment is currently owner-occupied and can be sold with vacant possession, the property has also received rental interest and currently holds an optional rental contract, which the successful buyer may choose to accept at $825.00 per week.

Building Features:

- Permitted use: Live in, lease long term & holiday accommodation
- Pet friendly
- Holiday accommodation permitted
- Secured with key-less building entry and elevator access to your floor
- Access to luxury amenities, which include a heated indoor lap pool, spa, sauna, and steam room

Apartment Features:
- Only 4 apartments on the 16th floor
- 2 designated secure underground carparks
- Ducted reverse cycle air-conditioning
- Stunning city/ocean sunset views
- Dual balconies with bi-folding windows (can be used as extra dining rooms/study areas)
- 3 generously sized bedrooms, all with ducted reverse cycle air-conditioning and dual windows for extra light & airflow
- Master bedroom with ensuite & walk-in wardrobe
- Bedrooms 2 & 3 with built in wardrobes
- Spacious open-plan living area adjacent to enclosed balcony
- Formal dining space adjacent to second enclosed balcony
- Well-equipped kitchen with ample bench/cupboard space and quality appliances, including a dishwasher, oven, four-burner cooktop, stone benchtops & breakfast bar
- Full-sized separate laundry with space for a washing machine, dryer & additional storage
- Modern bathroom complete with shower, toilet and vanity

Location Features:
- 350m-650m: Central Markets & Grote/Gouger Street restaurant precinct, Hindley Street nightlife precinct & TAFE SA Adelaide Campus
- 4 minute drive: Adelaide High School (zoned)
- 6 minute drive: Rundle Mall
- 6 minute drive: Royal Adelaide Hospital
- 6 minute drive: Flinders University Adelaide Campus
- 7 minute drive: Adelaide Oval
- 8 minute drive: East Terrace restaurant/nightlife precinct
- 8 minute drive: Botanic Gardens & Adelaide Botanic High School (zoned)
- 8 minute drive: University of Adelaide/South Australia

Year Built / 2010
Pets / Allowed
Permitted use / Live in, lease long term & holiday accommodation
Council / Adelaide
Zoning / Capital City
Council Rates / $566.75 pq

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 enquiries and obtain their own legal advice. RLA 254416

Property History for 1601/10 Balfours Way, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$711,250
05 Nov 2024
Listed for Rent
$800/w
07 Feb 2013
  • 05 Nov 2024
    Sold for $711,250
  • 09 Sep 2024
    Listed for Sale $711,250
  • 14 Feb 2022
    Sold for $700,000
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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.