707/23 King William StreetAdelaide SA 5000
Property Details for 707/23 King William St, Adelaide
707/23 King William St, Adelaide is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.
Last Listing description (January 2024)
This unit, located right in the heart of Adelaide's CBD, is truly a unique discovery. Nestled within a charming heritage-listed building at 23 King William Rd, this property offers a valuable piece of real estate in one of the world's top three most livable cities. With an impressive rental income, currently at $450 per week, this opportunity is simply too good to pass up.
This apartment boasts spacious communal areas, including game rooms and a shared laundry facility, making it an ideal choice for students, Airbnb hosts, long-term renters, or owner-occupiers seeking a prime city location. Rundle Mall and Hindley Street, famous for shopping, dining, bars, and entertainment, are conveniently just across the street. If you have a penchant for culture, the Adelaide Museum and the Art Gallery of SA are just a stone's throw away. Additionally, Adelaide University and the City Library are within easy reach. Don't forget that the Adelaide Casino, Entertainment Centre, and Adelaide Oval are all within walking distance.
Additional features include:
• Building equipped with three elevators and a total of 70 apartments
• Currently rented at $450 per week until January 2024
• Enjoy common areas, a games room, and laundry facilities
• Close proximity to shops, restaurants, the casino, bars, Adelaide University, museums, and Adelaide Oval
Property Details:
Council | CITY OF ADELAIDE
Zone | CC - Capital City
Built |1936
Strata Rates | $1,276.61 p.q
Council Rates | $1,155.30 p.a
Water | $153.70 p.q
ESL | $177.60 p.q
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property History for 707/23 King William St, Adelaide, SA 5000
- 05 Feb 2024Sold for $260,000
- 24 Jan 2024Listed for Rent $490 / week
- 21 Apr 2021Sold for $200,000
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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 17,718 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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