2401/17 Austin St, Adelaide is a 2 bedroom, 1 bathroom Apartment. The property has a floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.
This apartment is currently rented back to Realm for approx $2500 per month. No management or letting fees with a rent increase to $2750 per month starting January 2025 for anyone wanting to continue short term letting.
Step into a world of refined elegance on the 24th floor of the Realm building, located in the heart of Adelaide's CBD near North Terrace. This exceptional 2-bedroom, 1-bathroom apartment offers a lifestyle of unparalleled luxury and sophistication.
The open plan living and dining area provide an ideal space for entertaining guests or enjoying quiet evenings at home. However, one of the highlights of this apartment is the breathtaking views over Adelaide.
The kitchen is spacious, featuring high-quality Miele appliances including dishwasher and gas cooking. Equipped with an abundance of built-in cabinetry, it combines functionality with modern elegance.
Both bedrooms are generously sized. The master bedroom has a row of built in cupboards, access to the bathroom and its own balocny. The second bedroom has a built in robe, floor to ceiling windows on two sides and access to the main balcony. Wake up to the Adelaide skyline every day and unwind in your own urban retreat.
This apartment is short term accomodation approved, including Air B&B which makes this an attractive investment opportunity.
Exclusive access to Levels 20 and above ONLY - The 'Realm' building offers a wealth of amenities to enhance your lifestyle, including a fully equipped gym, an adjustable rock-climbing wall, a refreshing pool, a steam room, and a sauna. You can also indulge in the elevated spa with its panoramic 180-degree views or gather with friends in the exclusive communal living and kitchen area. For those who love to entertain outdoors, the rooftop entertainment area comes complete with cooking facilities.
Whether you're looking to live in an exclusive apartment, generate income through AIR B&B, short-term rentals via the hotel who currently manage the apartment, or enjoy steady returns through long-term leasing, this property promises a smart and lucrative investment. Don't miss out on the chance to capitalise on Adelaide's thriving rental market with this exceptional property. Close to public transport, shopping and the best schools and university.
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:
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