SOLD
Sold on 01 Nov 2024 for $405,000

502/180 Morphett Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 84m2
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Property Details for 502/180 Morphett St, Adelaide

502/180 Morphett St, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 84m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
55m2
Land Size
84m2
Local Government
Adelaide
Lot/Plan
F502/C40460

Last Listing description (November 2024)

Don't miss out on this exceptional lifestyle opportunity in such a prime city location!

This is the chance for landlords to seize a prime investment with a superb rental return of $430 per week till October 2025.

This remarkable one bedroom city apartment boasts a spacious wrap-around balcony offering stunning city vistas. It's a visionary opportunity for investors, executive couples, and those seeking a secure, lock-and-leave lifestyle. On-site one parking space.

Located on Morphett Street, adjacent to Light Square, Vision embodies the best of Adelaide's education, culture, dining, and entertainment scene. Quality restaurants, cafes, shopping, and the Central Markets are all within easy reach, while Adelaide's Universities and public transport are also conveniently close by.

Situated on level 5, the apartment features:
? 2.7m high ceiling in the living area
? Spacious balconies with stunning views over Light Square
? Generously sized bedroom with built-in robe
? Stylish, modern kitchen with gas cooktop, ducted range hood, oven, and dishwasher
? Ducted bathroom exhaust
? Solar and gas boosted central hot water system
? Energy-efficient LED downlights
? Reverse cycle air conditioning
? NBN ready
? Satellite and Free to Air TV point ready
? On-site bike racking and storage facilities
? On-site one parking space
? CCTV in main entry lobby, ground level stairwell, and car park entry
? Card access system to the building

Priced to sell, act quickly to make this apartment yours!

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Property History for 502/180 Morphett St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$405,000
01 Nov 2024
Listed for Rent
$430/w
18 Jul 2018
  • 01 Nov 2024
    Sold for $405,000
  • 11 Apr 2024
    Listed for Sale Offers over $400,000
  • 30 Nov 2018
    Sold for $325,000
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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 17,720 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, 1001 properties were sold in the past 12 months in Adelaide.

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