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Back 1603A/160 Grote St
Off Market

1603A/160 Grote St

Adelaide SA 5000

2
2
1
Apartment
Arnold GuanArnold Guan, last sold this property on 05 March 2026 after -6 days on market.

Overview

Rare Two-in-One Investment With Exceptional Returns

High above the city in the modern Central Adelaide Apartments, this dual key residence presents an exceptional opportunity for secure and flexible living or a high performing investment. With two fully self contained dwellings on a single title, the property offers remarkable versatility for multigenerational living, dual occupancy or maximising income from two separate tenancies. Enjoy abundant natural light and a beautiful south east outlook that stretches across the city skyline. Each residence features its own private entrance, kitchen, bathroom, balcony and living space, ensuring comfort and privacy for all occupants. The configuration includes a spacious one bedroom apartment and a well appointed studio, both designed with quality finishes throughout. This property offers excellent income stability with long term tenants already in place, currently generating a combined rental income of approximately $930 per week. Its location within one of Adelaide's most vibrant lifestyle precincts ensures continued demand, with the Central Market, Chinatown, popular cafés, universities and public transport all within easy walking distance. Residents also enjoy premium hotel style amenities including an infinity pool, gym, cinema, billiards room and rooftop entertaining spaces, adding to its ongoing appeal for occupants and investors alike. - Versatile dual key configuration with two fully self contained residences - Long term tenancy in place creating secure ongoing rental income - Two high quality kitchens: stone benchtops, ample cabinetry - Stainless appliances, gas cooktops, tiled splashbacks, dishwashers - Two deluxe, fully tiled bathrooms featuring wall-hung vanities - Ducted reverse cycle air conditioning - Secure FOB building access - Premium facilities: gymnasium, infinity pool, cinema, billiards room - Within walking distance of all city attractions and public transport - Walk to city universities - Zoned for Adelaide High School and Adelaide Botanic High School Photos for illustration purposes only RLA 326078

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 1603A/160 Grote St is $660k.

Median value
$660k
Estimated value range
$310k - $1.49m
Median days on market
30
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Adelaide. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1603A/160 Grote St

2026
Sold
Undisclosed
05 Mar 2026 by Arnold Guan, of Belle Property Adelaide City
2018
Rented
Undisclosed
Leased on 26 Nov 2018 by Belle Property Adelaide City

Happy sellers in Adelaide

93%
93% of sellers in Adelaide reported that their sale price either exceeded or met their price expectations.

Adelaide stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom apartments in Adelaide

In the last 12 months, 281 two-bedroom apartments similar to 1603A/160 Grote St, have been sold.

This represents a 12% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Adelaide

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Laura Hao

Laura Hao is a recommended agent for Adelaide.  They have 4 local sales and collected 7 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  7 Reviews in Adelaide
  •  4 Sales in Adelaide
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Arnold Guan

Arnold Guan is a recommended agent for Adelaide.  They have 24 local sales and collected 7 local reviews across the last 12 months.

  •   5   (10 reviews)
  •  7 Reviews in Adelaide
  •  24 Sales in Adelaide
View profile
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Cynthia Sajkunovic

Cynthia Sajkunovic is a recommended agent for Adelaide.  They have 13 local sales and collected 4 local reviews across the last 12 months.

  •   5   (16 reviews)
  •  4 Reviews in Adelaide
  •  13 Sales in Adelaide
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Kelly Eustice

Kelly Eustice is a recommended agent for Adelaide.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (144 reviews)
  •  3 Reviews in Adelaide
  •  5 Sales in Adelaide
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