622/61 Hindmarsh Sq, Adelaide is a 1 bedroom, 1 bathroom Townhouse and was built in 2003. The property has a floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Townhouse sold in Adelaide in the last 12 months.
"Mantra on Hindmarsh" offers investors a blue chip opportunity to own a boutique apartment within this highly successful development.
Investment Only - You can not live in this apartment.
Current Annual Gross Income 2022/2023 - $18,626
Current outgoings are approximate and comprised of:
Council Rates | $1,543.60 pa
Community Levy | $2715.80 pa inc Sinking Fund
ESL | $284.80 pa
SA Water | $580 pa
*Figures are approximate and not to be relied upon.
This will be a set and forget investment, it is a fully serviced and furnished apartment offering short term accommodation for holidays, leisure and business travel central in the CBD.
Fully furnished and professionally managed apartment that offers investment confidence.
As an owner you can take advantage of up to 14 nights accommodation in your or a similar apartment at highly discounted rates.
These investment apartments have proven to be very popular with interstate investors.
Studio apartment set on level 6 totaling 38.5sqm approx.
PLEASE NOTE: These apartments are for investors only and are not available for owner occupying or private leasing.
Current Annual Gross Income - $18,626.00
Features of the complex include reverse cycle air conditioning, 24 hr reception, room service and concierge, gymnasium located on the 5th floor, in house cafe, restaurant & bar entertainment facilities.
Please contact Agent to organise a private viewing.
All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice.
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 17,939 properties. Over the last 5 years, Houses in Adelaide have seen a 53.84% increase in median value, while Units have seen a 25.84% increase. As at 31 July 2024:
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