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RECENT ADVICE
Sold on 27 Oct 2023 for $573,000

1616/160 Grote Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
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Property Details for 1616/160 Grote St, Adelaide

1616/160 Grote St, Adelaide is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.

Building Type
Apartment
Floor Size
81m2
Local Government
Adelaide
Lot/Plan
F1616/C40896

Last Listing description (October 2023)

Spacious Apartments with both NORTH and EAST side view can only be described as a dream location.

The location gives you unlimited access to all the places around city under 10 mins and surrounded by a lot of restaurants, cafés and markets. This luxurious apartment situated at Grote Street right in the heart of Adelaide CBD allowed you and your family to maintain a quality lifestyle in your busy city life.

The open plan living area flows effortlessly, comprising the kitchen, dining and living areas, through to the balcony which allows adequate natural light while taking in the city sights.

A sparkling kitchen features a gas cooktop, stone benchtops, stainless steel oven and appliances along with ample cupboard space.

Spacious enough to comfortably house a young family or home budding professionals.

Apartment features you will love:

• Private Gym
• A luxurious infinity pool
• A theatre room
• A billiards room
• A rooftop entertainment/ BBQ area/ spectacular city view
• Secure building access with an intercom system
Want to invest? This property will generate good investment yield. Don't miss out this golden opportunity to get yourself a luxurious apartment in this great location with high rental return.

Want to own one of the luxurious apartments in Adelaide CBD?
Call Oscar 0433 644 039, Peggie 0414 304 262 for inspection!

Specifications:
CT / 6189/ 595
Council / City of Adelaide
Zoning / Capital City
Built / 2017
Expected Rental Income / $570- $600 per week
Council Rates / $514 pq (approx.)
Strata / $810 pq + $59.12 Sinking fund (approx.)

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

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 inquiries and obtain their own legal advice.

Harcourts Prohomes | RLA292426

Property History for 1616/160 Grote St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$573,000
27 Oct 2023
Listed for Rent
$600/w
31 Jan 2022
  • 27 Oct 2023
    Sold for $573,000
  • 30 Aug 2023
    Listed for Sale $585,000
  • 31 Jan 2022
    Listed for Rent $600 / 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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Contact agent
Peggie Sim
Show contact details
Oscar Sheng
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Harcourts Prohomes
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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.