SOLD
Sold on 06 May 2024 for $175,000

301/88 Frome Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 35m2
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Property Details for 301/88 Frome St, Adelaide

301/88 Frome St, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
35m2
Local Government
Adelaide
Lot/Plan
F42/C20415

Last Listing description (July 2023)

Located in the highly sought after East End of the CBD this 1 bedroom apartment is perfect for the savvy investor aiming for Executives or University students!

Have piece of mind with the long term lease that pays a steady income for at least 3 years. everything is taken care of so you don't need to worry about a thing!

The property looks over Frome Street and has a great feel, the property has access to the communal laundry.


Features you will love:
- Great views over Frome:
- Perfectly located in the East End
- Close proximity to Uni SA and Adelaide Uni
- Comes fully furnished
- Great rental potential
- Low maintenance
- Private and quiet

The apartment comes fully furnished and is ready to be occupied.

Specifications:
CT / 5717/702
Council / Adelaide
Zoning / CC
Built / 2000
Council Rates / $1171.30pa
Community Rates / $585.00pq
Community Manager / Whittles
Emergency Services Levy / $81.40 pa
SA Water / $146.65pq
Estimated rental assessment / (Written rental assessment can be provided upon request)
Nearby Schools / Gilles Street P.S, Sturt Street Community School, Adelaide Botanic H.S, Adelaide H.S, Mitcham Girls H.S

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

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Property History for 301/88 Frome St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$175,000
06 May 2024
  • 06 May 2024
    Sold for $175,000
  • 24 May 2023
    Listed for Sale $185k-$195k
  • 22 Dec 1999
    Sold for $142,000

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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 17,939 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.
There are currently 169 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1050 properties were sold in the past 12 months in Adelaide.

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