506/185 Morphett StreetAdelaide SA 5000
Property Details for 506/185 Morphett St, Adelaide
506/185 Morphett St, Adelaide is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Adelaide in the last 12 months.
Last Listing description (October 2024)
Introducing this stunning 1-bedroom apartment in the highly sought-after 'The Gallery' at 185 Morphett Street, right in the heart of the CBD. Perfectly located near Light Square parklands, it embodies the essence of city living-ideal for first-time buyers, investors, city escapees, or fly-in-fly-out workers.
This apartment showcases low-maintenance living and contemporary design, featuring open-plan spaces filled with natural light. The thoughtfully designed kitchen connects seamlessly to the living and dining areas, and boasts an enclosed balcony with bi-folding windows that face west, allowing for plenty of afternoon sun-perfect for enjoying after-work cooking in natural light. Situated on a quieter side street, it offers reduced noise from the main road.
The spacious bedroom includes a study nook, European laundry, abundant storage, and reverse-cycle air conditioning for added convenience. The kitchen and bathroom rival suburban properties with their ample storage and high-quality finishes, including stone benchtops, stainless steel appliances, a vessel sink, and generous cabinetry. The property also features a remote secure gate car park-an invaluable asset in the city. Residents can take advantage of premium amenities such as a swimming pool, spa, and sauna.
Property Highlights:
- Secure remote gate allocated carpark
- Carpeted open-plan lounge and dining area with a bi-fold enclosed balcony
- Omega gas cooktop, stainless oven, dishwasher, and ample cupboards
- Spacious double bedroom with a built-in robe and desk
- Large, fully-tiled bathroom with vessel sink and abundant storage
- Separate European-style laundry facilities
- Split system heating and cooling
- Building facilities include a heated pool, sauna, and spa
- Proximity to Light Square, TAFE SA, UniSA City West Campus, Central Markets, and Chinatown
- High-return investment opportunity (short-term leasing available - rental appraisal for long term at $500 p/week)
- Zoned for Adelaide High School and Adelaide Botanic High School
Do not let this exceptional opportunity slip away! so we encourage you to register your interest promptly to secure your chance to own this remarkable home. Contact Marco Lai 0433 733 368 or Sumit Khatri 0433 577 970 for any further information.
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)
Property History for 506/185 Morphett St, Adelaide, SA 5000
- 08 Nov 2024Sold for $385,000
- 02 Oct 2024Listed for Sale Under Contract by Marco Lai & Sumit Khatri!
- 25 Feb 2016Sold for $300,000
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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.
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