Back 203/160 Rundle Mall
Off Market

203/160 Rundle Mall

Adelaide SA 5000

1
1
Apartment
Last sold for $127,000
Paul CareyPaul Carey, last sold this property on 16 February 2018 after 28 days on market.

Overview

First class investment opportunity in a prime CBD position at Unihouse, Rundle Mall

Offering a one bedroom, fully furnished 2nd level apartment facing east with superb hills views and city high rise buildings. Comprising separate living area, kitchen/meals and bathroom plus split system air-conditioning. Securely leased, on-site managers, common TV, kitchen and laundry on each level plus outdoor rooftop entertaining area. Within walking distance to all city Universities, local cafes and restaurants, Rundle Mall shopping precinct and public transport. Currently leased at $300 per week. A hassle free investment with secure lease to International Student Market with full on-site management. Fully furnished with a full furniture package. Well located close to University of Adelaide with a 10 year track record. Further taxation benefits apply (Depreciation Schedule). Contact Paul Carey for an Information Memorandum including financials, as well as to inspect, on 0411 500 652. *Please note the apartment images displayed are a sample only and not of the advertised property.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 203/160 Rundle Mall is $471k.

Median value
$471k
Estimated value range
$131.5k - $704k
Median days on market
35
Estimated value trend
11%
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 203/160 Rundle Mall

2018
Sold
$127,000
16 Feb 2018 by Paul Carey, of Fox Real Estate
2015
Sold
$109,000
Private Sale/Treaty on 09 Dec 2015

Happy sellers in Adelaide

91%
91% 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 23 reviews in Adelaide over the last 12 months.

Local market activity for 1 bedroom apartments in Adelaide

In the last 12 months, 137 one-bedroom apartments similar to 203/160 Rundle Mall, have been sold.

This represents a 47% increase in one-bedroom apartments sales when compared to the previous 12 months.

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