SOLD
Sold on 22 Feb 2024 for $256,000

95/255 Hindley Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 35m2
Land area: 37m2
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Property Details for 95/255 Hindley St, Adelaide

95/255 Hindley St, Adelaide is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1991. The property has a land size of 37m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Townhouse sold in Adelaide in the last 12 months.

Building Type
Townhouse
Year Built
1991
Floor Size
35m2
Land Size
37m2
Local Government
Adelaide
Lot/Plan
U95/S11687

Last Listing description (February 2024)

In the heart of the vibrant West End, this fully self-contained apartment, in one of the most convenient locations in the CBD, presents the ultimate lock-up and leave investment opportunity. Currently managed as a serviced, short-stay room, this one-bedroom unit boasts contemporary furnishings, tasteful decor, and quality fixtures and fittings. You'll find Adelaide's best shopping and dining options, like Rundle Mall and Gouger Street, and brilliant proximity to UniSA campus, the Adelaide Convention Centre, and the iconic Adelaide Oval. With the trams, trains, buses, and taxis on your doorstep, getting around this area is a breeze!

- One good-sized bedroom
- Built-in robes in the central bedroom

- Well-equipped kitchen and dining area
- Spacious living area & private outdoor balcony
- Split-system heating and cooling
- Modern bathroom and kitchen
- Light-filled and low-maintenance
- Secure car parking on the site
- Private balcony
- Walking distance to all amenities
- Prime location in the heart of CBD

Other important information:

- Property to be sold with all furniture
- Apartment is in agreement with Accor Hotel Group until 5 May 2031
- Total net revenue from serviced apartment $19,745.07 (approximately) year ending 30 June 2023
- Total yield of 7.45% per annum (approximately)
- Revenue fluctuates depending on the occupancy rates of the building
- Previous 6 month period has been extremely busy and high-yielding for owners within the group

Property photography and floorplan are of a comparable property and is for illustration purposes only. Placement of rooms and walls may change depending on orientation. All information has been obtained from sources deemed to be accurate, however, it cannot be guaranteed and neither the agent, agency or vendor accepts any liability for errors, omissions or oversights. Any reference to rates/outgoings, school zoning, planning consent, land/building sizes, build year, and solar panels are all approximate. It is recommended any interested parties conduct their own due diligence. If this property is being offered via public auction, the Form 1 (vendors statement) will be on display 3 business days prior to the auction, and for 30 minutes preceding the auction at the place of auction. RLA325330.

Property History for 95/255 Hindley St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$256,000
22 Feb 2024
  • 22 Feb 2024
    Sold for $256,000
  • 25 Oct 2023
    Listed for Sale Under Offer By Daniel Seach
  • 27 Mar 2015
    Sold for $126,000
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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 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, 997 properties were sold in the past 12 months in Adelaide.

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Disclaimer
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.