177 Gilbert StreetAdelaide SA 5000
Property Details for 177 Gilbert St, Adelaide
Last Listing description (October 2023)
Collins Bateman is pleased to present to the market 177 Gilbert Street, Adelaide For Sale by Private Treaty.
The proeprty is fully renovated with holding income while exploring and planning future development. (Subject to Council & Planning Consents)
177 Gilbert Street boasts an enviable location with close proximity to all the cafes, restaurants, and bars along Gilbert Street and a short stroll to the Central Markets.
Key features:
Land area of 207sqm
Building area of 189sqm
Leased until January 2026 with one further term of two years
Net Income of $33,202 p.a approx
7kw solar system
Ducted R/C air conditioning
Valuable rear lane access
Zoned City Living
Zero stamp duty or GST
For further details or to arrange an inspection of 177 Gilbert Street, Adelaide, please contact Jonny Benedetti
Property History for 177 Gilbert St, Adelaide, SA 5000
- 27 Jun 2024Sold for $1,050,000
- 28 Sep 2023Listed for Sale In excess of $1 million
- 14 Aug 2020Listed for Rent - Price not available
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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.
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