SOLD
Sold on 08 May 2024 for $255,000

801/82 King William Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 801/82 King William St, Adelaide

801/82 King William St, Adelaide is a 1 bedroom, 1 bathroom Townhouse and was built in 1975. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Townhouse sold in Adelaide in the last 12 months.

Building Type
Townhouse
Year Built
1975
Local Government
Adelaide
Lot/Plan
F64/C14273

Last Listing description (May 2024)

Offered again due to contract failure this superior investment is the ideal opportunity for those who looking to invest or increase there superannuation income stream and established buyers looking to add/diverse there holdings.

This fully furnished and impeccably maintained apartment securely leased to Choice Quality Hotels.

Visitors to our fine city love the location with easy access in any direction be it, Adelaide Oval, Festival Centre, The Riverbank, The Mall and The Market-China Town with Glenelg and Hills and beyond as simple as catching an Uber or a tram.

A popular choice of accommodation for Corporate clients from intrastate and interstate.

A delightful and large one bedroom apartment on the eighth floor with westerly views over the city to the setting sun........easy to go out and dine or grab a few supplies and cook yourself it's all here and after a long day relax in the stunning spaaaaaa!

Leased to Choice Quality Hotels 26th March 2021 5 years plus 5 years
Income:

2021/22 =$12,657 net to the owner (Covid restricted and recovery trading)

2022/23-$27,368 net to the owner

2023/24- 3 months = $5215

Specifications
CT 5791/781
Council: City of Adelaide
Zoning: CC13
Council Rates: $386 p/q app
SAWater: $310 p/a
ESL:$310 p/a
Body Corporate: $1540.50 p/q

Ideal Investment Ideal Opportunity

PLEASE NOTE this an investment only so you cannot reside in it as an owner occupier.........

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Property History for 801/82 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$255,000
08 May 2024
  • 08 May 2024
    Sold for $255,000
  • 10 Jan 2024
    Listed for Sale $260,000 - $265,000
  • 02 Sep 2004
    Sold for $206,000
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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 17,716 properties. Over the last 5 years, Houses in Adelaide have seen a 55.29% increase in median value, while Units have seen a 24.26% increase. As at 30 September 2024:

  • The median value for Houses in Adelaide is $1,117,950 while the median value for Units is $513,770.
  • Houses have a median rent of $615 while Units have a median rent of $570.
There are currently 175 properties listed for sale, and 80 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1067 properties were sold in the past 12 months in Adelaide.

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