OFF MARKET

1609/421 King William Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 61m2
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Property Details for 1609/421 King William St, Adelaide

1609/421 King William St, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 61m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2015
Floor Size
51m2
Land Size
61m2
Local Government
Adelaide
Lot/Plan
F1609/C40515

Last Listing description (March 2023)

Ideally positioned on the 16th floor of the popular apartment complex which allows an abundance of natural light and spectacular views over the Parkland & Coast. Perfectly located close to public transport links (Tram Stop), cafs, restaurants, Adelaide Central Market as well as school zoning for Adelaide High School. With a size of approximately 57m plus one private carpark, gives the best opportunity to experience the most convenience and low-maintenance living in the heart of Adelaide CBD.

Comprising one bedroom, one bathroom with a study nook, air conditioning, a galley-style kitchen, and a lounge room opening to a generous balcony that fills the living area with loads of natural light.

The building is secure and requires coded keys for entry and lift access. Besides, the room is equipped with an intercom system for the convenience of guests.

Features include but are not limited to:
- One good-sized bedroom with floor-to-ceiling windows, enjoying the panoramic view every morning when you wake up.
- Bedroom with BIR
- Spacious open-plan lounge/meals area
- Modern kitchen with gas cooking
- S/S Kitchen Appliances
- Glass sliding door to a spacious balcony
- Large balcony with stunning Parkland & Coast views
- Air conditioning
- LED downlights
- Easy access to the sky garden, and heated outdoor pool on the 7th floor
- Recently updated gymnasium.

The building has a great track record of growth and high rental incomes for investors. A great opportunity for you to have real estate work for you! Currently, it's a vacant procession and the estimated rental return is $450-$500 pw.. A great investment opportunity.

If you're looking for a city lifestyle that places you within walking distance to Adelaide CBD, Central Market, quality restaurants, and cafes, public transport looks no further.

Nearby Schools / Pulteney Grammar Primary School, St Aloysius College, Gilles Street P.S, Adelaide Botanic H.S, Adelaide H.S,

Harcourts Prohomes | RLA292426

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Property History for 1609/421 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$425,000
17 Mar 2023
Listed for Rent
$390/w
22 May 2018
  • 17 Mar 2023
    Sold for $425,000
  • 12 Jan 2023
    Listed for Sale Under Contract
  • 10 Dec 2021
    Sold for $368,000
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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 17,729 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 191 properties listed for sale, and 97 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 977 properties were sold in the past 12 months in Adelaide.

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