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Sold on 08 Nov 2024 - Price Unavailable

218/61 Hindmarsh Square
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
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Property Details for 218/61 Hindmarsh Sq, Adelaide

218/61 Hindmarsh Sq, Adelaide is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Adelaide in the last 12 months.

Building Type
Apartment
Floor Size
53m2

Last Listing description (November 2024)

**Please note this apartment is not for residency & strictly for investors only.

Supreme Location in Heart of Adelaide CBD right on Hindmarsh Square.

Hassle Free investing with this fully serviced & furnished apartment, offering short stay, business, leisure & holiday accommodation right in the middle of Adelaide's CBD.

Great for those seeking to invest in property but don't have the time to manage or maintain.
Set & Forget, providing a regular & monthly income for you... ideal for self managed super funds.

**Owners are entitled to 14 Days Free Accommodation per Financial Year.

Large Bedroom with Built in Robe.
Modern & well appointed Kitchenette.
Sleek open plan living with private Balcony.
Year round comfort for guests via reverse cycle air conditioning.
24 hr Reception, room service and concierge.
Gymnasium located on the 5th Floor.
In House Café, Restaurant & Bar entertainment facilities.
Average returns over last 2 year period around $18,000 per annum *Figures are approximate and not to be relied upon.
A great opportunity for investors looking for a "Set & Forget" hassle free investment.
All enquiries welcome.

Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representation is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for errors or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the contract of sale.

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Property History for 218/61 Hindmarsh Sq, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
08 Nov 2024
  • 18 Nov 2024
    Sold for $235,000
  • 29 Oct 2024
    Listed for Sale Under Contract
  • 05 Jul 2023
    Listed for Sale $239,000
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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 17,730 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 99 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 978 properties were sold in the past 12 months in Adelaide.

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