SOLD
Sold on 15 Dec 2023 for $805,000

1605/248 Flinders Street
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
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Property Details for 1605/248 Flinders St, Adelaide

1605/248 Flinders St, Adelaide is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. The property has a floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
105m2
Local Government
Adelaide
Lot/Plan
F1605/C41840

Last Listing description (May 2023)

LUXURIOUS 16TH FLOOR APARTMENT ~ PREMIUM INNER-CITY LIVING IN ADELAIDE'S STYLISH EAST END ~ VIEWS, VIEWS, VIEWS!
LEASED UNTIL JULY 2023

** Apartment 1601 is also available ~ please refer to David Smallacombe: 0412 526 615 or Paul Stanton: 0407 600 440 to discuss **

Delight in all the benefits of modern Apartment living with this refreshing building providing luxurious and sophisticated accommodation.

Dine at a nearby restaurant, have a drink in one of the numerous chic bars or enjoy a tranquil walk through Adelaide's nearby verdant park lands. Other city amenities at your fingertips: Rundle Mall shopping, Rundle Street boutiques, Hutt Street cafes, leafy Botanic Gardens, Flinders St Market, the Museum of South Australia, Fringe time in Rymill Park and many, many more.

Generous open plan living/dining room with integrated kitchen provides a refreshing living space with square set ceilings, neutral tones and sleek floating floors provide a modern decor.

The kitchen is bright and stylish offering composite stone bench tops, integrated dishwasher, Meile appliances, timber grain cabinetry, soft close drawers and ample cupboard space.

The master bedroom features a built-in robe and ensuite providing modern amenities and contemporary tapware. There are 2 additional bedroom/office/flex spaces plus a guest bathroom.

Double glazed windows ensure your peace and privacy is always available. A generous balcony offers a great spot for alfresco entertaining with panoramic northerly views over the city and east to the hills and beyond.

Ideal investment option for your portfolio.

Briefly:
* Apartment in ultra-modern building
* Designed by award-winning architects Loucas Zahos
* Master bedroom with BIR and ensuite
* Fantastic home office or 3rd guest bedroom with stunning hills views
* Modern 2nd bathroom with contemporary fittings
* Hideaway European style laundry
* Open plan living/dining crisp neutral tones and fresh floating floors
* Integrated kitchen comprising stone bench tops, Meile appliances & up-to-the-minute fixtures and fittings
* Generous alfresco entertaining balcony with panoramic northerly city views and east to the Adelaide Hills
* Ducted reverse cycle air-conditioning
* 1 secure car parking space

Building features include:
* Foyer with CCTV security
* 17th floor rooftop barbecue area
* Modern waste and recycle programs
* Great location close to Rundle Street, Hutt Street restaurants and eateries, the Adelaide Central market, the CBD, the parklands and the Fringe Festival
* Easy rent-ability and generous returns

** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others' health. If you or others that you may have been in contact with, have returned from any interstate or overseas destination within the last 14 days or you are displaying any flu like symptoms please do not attend property viewings. **

Council: City of Adelaide
Council Rates: $1,803.75 per annum
SA Water: $203.00 per quarter
ESL: $175.75 per annum
Community Rates: $1,414.00 per quarter
Year Built: 2019
Zoning: Capital City

Property History for 1605/248 Flinders St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$805,000
15 Dec 2023
Listed for Rent
$680/w
11 Jul 2022
  • 15 Dec 2023
    Sold for $805,000
  • 22 Dec 2022
    Listed for Sale $791,000
  • 21 Jun 2022
    Listed for Rent $680 / 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 17,939 properties. Over the last 5 years, Houses in Adelaide have seen a 53.84% increase in median value, while Units have seen a 25.84% increase. As at 31 July 2024:

  • The median value for Houses in Adelaide is $1,107,070 while the median value for Units is $491,735.
  • Houses have a median rent of $620 while Units have a median rent of $560.
There are currently 169 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1050 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.