SOLD
Sold on 20 May 2024 for $575,000

4/119 Gilbert Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 107m2
Sold By
D B Philpott Real Estate
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Property Details for 4/119 Gilbert St, Adelaide

4/119 Gilbert St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 107m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
75m2
Land Size
107m2
Local Government
Adelaide
Lot/Plan
F7/C25060

Last Listing description (May 2024)

Positioned in the quieter southeastern corner of the CBD, within a short walk to Morphett Street & King William Road you'll find this subtle yet secure two-bedroom apartment. Built in 2008 and with practicality in mind, this apartment offers the perfect city base.

A large open-plan living area is met with solid timber floors overlooked by the quality kitchen featuring an island bench and stone benchtops. An extension to the living space is easily provided with sliding doors opening to the oversized and all-weather balcony allowing the space to be utilised any day of the week.

Both bedrooms positioned to the rear of the apartment are softened with plush carpets and fitted with built-in robes and are both serviced by the nearby bathroom featuring your own laundry facilities.

Additional comforts include reverse cycle heating and cooling and a secure undercover carpark for one vehicle with security gate access via the rear lane.

With the flexibility to leave the car at home, experience urban living at its finest, where you can easily hop on the tram just a short 5-minute walk away to reach the heart of the city, Glenelg Beach, or the Entertainment Centre. Take a leisurely walk to explore the vibrant Adelaide Central Market and the array of dining options on Gouger Street or enjoy a stroll to the serene Veale Gardens.

Why by off the plan and facing delays in building times, this apartment offers it all!

SPECIFICATIONS:

CT // 6032/963
Zoning // City Living
Council // City of Adelaide
Council Rates // $1,937.15 per annum
SA Water // $153.70 per quarter + usage to body corp
ESL // $123.30 per annum
Body Corp Manager // Strata Management SA
Body Corp Fees // $1,335.85 per quarter (inc cleaning & water levy)
Tenancy // Leased to January 2025 at $490pw

DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion.

If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority.

Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.

RLA 46442

Property History for 4/119 Gilbert St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$575,000
20 May 2024
  • 20 May 2024
    Sold for $575,000
  • 19 Mar 2024
    Listed for Sale $575,000 - $615,000
  • 14 Apr 2009
    Sold for $405,000

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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 17,717 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 181 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1000 properties were sold in the past 12 months in Adelaide.

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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.