SOLD
Sold on 26 Oct 2023 for $550,000

315/160 Grote Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
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Property Details for 315/160 Grote St, Adelaide

315/160 Grote St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
78m2
Local Government
Adelaide
Lot/Plan
F315/C40896

Last Listing description (October 2023)

Price just reduced - Vendor must sell - All offers considered !

Accommodation
"Great investment rental returns - $600 per week for maximus your property returns"

The Central Adelaide Apartment is situated in Adelaide's prime City centre on Grote Street, and offers a highly desirable metropolitan lifestyle. You are within walking distance to Chinatown and Adelaide Central Market with its eclectic mix of retail outlets and eateries as well as Adelaide University's North terrace City Campus and The University of South Australia's East and West Campuses.

You will love the sprawling balcony with 180-degree North City views. This is also an ideal spot to enjoy your morning coffee or simply relax and take in the panoramic view after a busy day at work.
Configured with open plan living and two great sized bedrooms with built in wardrobes and large windows, you will certainly appreciate the airiness and homely ambience of the property. The kitchen area boasts stainless steel appliances, ample storage and bench space.

Key Features You Must Be Aware Of:
Access to unbelievable amenities include: Heated Sky Infinity Pool, Entertainment in house Cinema with 120-inch 3D Screen, Fully equipped Gym, Rooftop Garden with Barbecue & Mini Golf, Billiard Room & Video Conference Room
Two great sized bedrooms with BIR and large windows
A private balcony to offer you 180 -degree North city views
Open plan kitchen with ample storage space
Ducted reverse cycle air conditioning through the whole apartment
One Secure Carpark space (Car stacker)
Great investment rental returns - $600 per week for maximus your property returns
Located within the current Adelaide High School zoning & Adelaide Botanic High School zoning

*Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor.

Property History for 315/160 Grote St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$550,000
26 Oct 2023
Listed for Rent
$550/w
06 Jan 2021
  • 26 Oct 2023
    Sold for $550,000
  • 17 Dec 2020
    Listed for Rent $550 / week
  • 01 Jul 2020
    Listed for Sale Contact Agent
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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 17,716 properties. Over the last 5 years, Houses in Adelaide have seen a 55.29% increase in median value, while Units have seen a 24.26% increase. As at 30 September 2024:

  • The median value for Houses in Adelaide is $1,117,950 while the median value for Units is $513,770.
  • Houses have a median rent of $615 while Units have a median rent of $570.
There are currently 175 properties listed for sale, and 80 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1062 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Raine & Horne Unley
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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.