SOLD
Sold on 13 Dec 2024 for $305,000

203/23 King William Street
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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Property Details for 203/23 King William St, Adelaide

203/23 King William St, Adelaide is a 3 bedroom, 1 bathroom Unit and was built in 1936. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
1936
Local Government
Adelaide
Lot/Plan
F203/C23717

Last Listing description (September 2022)

City Central Convenience - Live In or Invest

Enjoy the convenience of this rarely found location, with Rundle Mall at your doorstep, along with the Adelaide Casino, Adelaide Oval, Central Markets and walking distance to The University of South Australia.

Investors will enjoy the generous remuneration that this stylish 3 bedroom unit offers, while live in purchasers will love the chic city lifestyle and modern amenities available.

The building itself is heritage listed and also offers valuable recreational facilities including a large communal Media Room, Study Room, Formal Lounge, Games Room, Bike Storage Area and Laundry. Investors will love the vibrant interest in student accommodation that several other of the units have generated.

The unit offers a generous living space, complete with ceiling fan, and adjacent galley style kitchen. Modern facilities include timber grain cabinetry, tiled splashback's, wide sink, stainless steel hot plates and built-in microwave oven. A functional bathroom with semi-frameless shower screen and modern vanity offers quality wet area amenities.

If you're ready for the city lifestyle, or are looking for a fabulous investment, then look no further, this quality second-floor unit really does have the complete package.

Briefly:
* Upgraded 3 bedroom unit in the vibrant city central location
* Close proximity to Rundle Mall, The Adelaide Casino, Adelaide Oval, Central Markets and walking distance to The University of South Australia
* Great opportunity for investors or live in purchasers
* 3 single bedrooms, all with built-in robes
* Galley style kitchen offering timber grain cabinetry, tiled splashback's, wide sink, stainless steel hot plates and built-in microwave oven
* Functional bathroom with semi-frameless shower screen and modern vanity
* Heritage listed building includes communal Media Room, Study Room, Formal Lounge, Games Room, Bike Storage Area and Laundry
* Ideal student accommodation or short term rental proposition

Located in the heart of Adelaide CBD with Rundle Mall, Adelaide University, Rundle St Dining Precinct, Sky City Casino, National Wine Centre, Adelaide Convention Centre, Adelaide Oval, Adelaide Central Markets and Gouger Street Restaurants all within walking distance, along with the convenience of the Glenelg - City tram at your doorstep.

Act fast to secure this rare and unique offering!

Ray White Norwood are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.

RLA 278530

Property Details:
Council | Adelaide
Zone | CC - Capital City Zone13 - Central Business Policy Area
House | 54sqm (Approx.)
Built | 1936
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pq

Property History for 203/23 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$305,000
13 Dec 2024
  • 31 Aug 2022
    Sold - Price Undisclosed
  • 15 Aug 2022
    Listed for Sale $260,000 to $280,000
  • 14 Sep 2020
    Listed for Sale $257,000
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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 18,024 properties. Over the last 5 years, Houses in Adelaide have seen a 56.83% increase in median value, while Units have seen a 30.63% increase. As at 30 November 2024:

  • The median value for Houses in Adelaide is $1,134,010 while the median value for Units is $534,563.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 170 properties listed for sale, and 90 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1017 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.