SOLD
Sold on 12 Dec 2023 for $435,000

601/185 Morphett Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 74m2
Sold By
Ouwens Casserly
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Property Details for 601/185 Morphett St, Adelaide

601/185 Morphett St, Adelaide is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2009. The property has a land size of 74m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Townhouse sold in Adelaide in the last 12 months.

Building Type
Townhouse
Year Built
2009
Floor Size
70m2
Land Size
74m2
Local Government
Adelaide
Lot/Plan
F601/C25362

Last Listing description (December 2023)

SOLD

This furnished, chic 2-bedroom apartment - featuring its own undercover, secure carpark and private entertainer's terrace - is the 'set and forget' investment or ticket to the inner-city lifestyle you've been looking for (currently rented as a fixed term rental until 23/1/24, or with an option to rent to the Oaks Hotel).

Say hello to friendly faces at reception, take a swift elevator ride to your floor and step into this light-filled pad with spacious open-plan living, two nicely sized bedrooms, stone-topped kitchen and smooth flow to that terrace, taking in that city buzz.

Exclusive access to the indoor heated pool, spa and sauna only add to the allure, all just a stroll from China Town, Central Markets, Adelaide Oval/Riverbank precinct and public transport so you can hop on and off in every corner of a city that is, simply, now your oyster.

Features we love...

- Dishwasher and stone benchtops to kitchen
- Storage includes built-in robes to both bedrooms
- Terrace balcony can be fully enclosed
- Efficient split reverse cycle air conditioning
- Modern and clean bathroom
- European-style laundry
- Intercom and secure reception/lobby
- Access to complex facilities, including pool and sauna
- Allocated, secure undercover carpark
- Strong rental history
- Offered walk in/walk out
- A walking or short bus/Uber ride from the East End

CT Reference - 6036/6
Council - City of Adelaide
Council Rates - $2,110.40 pa
SA Water Rates - $155.23 pq
Emergency Services Levy - $466.00 pa
Admin Fund - $1,252.00 pq
Sinking Fund - $202.00 pq
Year Built - 2009
Total Build area - 87m approx.

OUWENS CASSERLY MAKE IT HAPPEN
RLA 286513

Property History for 601/185 Morphett St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$435,000
12 Dec 2023
Listed for Rent
$450/w
24 Jun 2020
  • 12 Dec 2023
    Sold for $435,000
  • 14 Sep 2023
    Listed for Sale Contact Agent
  • 28 May 2020
    Listed for Rent $457 / week
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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 90 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.