224/61 Hindmarsh SquareAdelaide SA 5000
Property Details for 224/61 Hindmarsh Sq, Adelaide
224/61 Hindmarsh Sq, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 51m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (November 2022)
Marz Harkotsikas **Option to occupy subject to consents.
Prime 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 positioned in the middle of Adelaide's CBD.
**Owners are entitled to 14 Days Free Accommodation per Financial Year.
Large Bedroom with Built in Robe.
Modern & well appointed Kitchenette.
Spacious 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 Cafe, Restaurant & Bar entertainment facilities.
Average returns over last 3 year period around $12,500 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.
Property History for 224/61 Hindmarsh Sq, Adelaide, SA 5000
- 23 Nov 2022Sold for $219,000
- 14 Oct 2020Listed for Sale $215,000
- 12 Nov 2008Sold for $167,500
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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 17,722 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.
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