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Back 204/185 Morphett Street
Off Market

204/185 Morphett Street

Adelaide SA 5000

1
1
2
50 m²
Apartment
Last sold for $371,000
Marco LaiMarco Lai, last sold this property on 15 July 2025 after 15 days on market.

Overview

Prime Investment: Modern Urban Living at The Gallery

Under Contract by Marco Lai! Introducing a stunning 1-bedroom apartment at 'The Gallery', located at 185 Morphett Street in the bustling CBD. Perfectly positioned near Light Square parklands, this property captures the essence of city living, making it ideal for first-time buyers, investors, city dwellers, or fly-in-fly-out workers. This apartment offers low-maintenance living with a contemporary design, featuring open-plan spaces filled with natural light. The well-designed kitchen seamlessly connects to the living and dining areas, complemented by an enclosed balcony with bi-folding windows facing west, perfect for enjoying the afternoon sun while cooking after work. Located on a quieter side street, it minimizes noise from the main road. The spacious bedroom includes a study nook, a European laundry, ample storage, and reverse-cycle air conditioning for added comfort. The kitchen and bathroom boast high-quality finishes, including stone benchtops, stainless steel appliances, a vessel sink, and generous cabinetry, rivaling many suburban properties. Residents also have access to premium amenities, including a swimming pool, spa, and sauna. Property Highlights: - Carpeted open-plan lounge and dining area with a bi-fold enclosed balcony - Omega gas cooktop, stainless oven, dishwasher, and ample cupboards - Spacious double bedroom with a built-in robe and desk - Large, fully-tiled bathroom with vessel sink and abundant storage - Separate European-style laundry facilities - Split system heating and cooling - Building facilities include a heated pool, sauna, and spa - Proximity to Light Square, TAFE SA, UniSA City West Campus, Central Markets, and Chinatown - High-return investment opportunity (short-term leasing available - rental appraisal for long term at $450 p/week) - Zoned for Adelaide High School and Adelaide Botanic High School Do not let this exceptional opportunity slip away! so we encourage you to register your interest promptly to secure your chance to own this remarkable home. Contact Marco Lai 0433 733 368 or Sumit Khatri 0433 577 970 for any further information. All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition)

Features

1 bedroom
1 bathroom
2 carspaces
2 garage spaces
50 m² floor area
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 204/185 Morphett Street is $470k.

Median value
$470k
Estimated value range
$131.5k - $650k
Median days on market
29
Estimated value trend
13%
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 204/185 Morphett Street

2025
Sold
$371,000
15 Jul 2025 by Marco Lai, of Ray White Adelaide CBD

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 30 reviews in Adelaide over the last 12 months.

Local market activity for 1 bedroom apartments in Adelaide

In the last 12 months, 192 one-bedroom apartments similar to 204/185 Morphett Street, have been sold.

This represents a 19% increase in one-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.

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Arnold Guan

Arnold Guan is a recommended agent for Adelaide.  They have 23 local sales and collected 7 local reviews across the last 12 months.

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Cynthia Sajkunovic

Cynthia Sajkunovic is a recommended agent for Adelaide.  They have 11 local sales and collected 4 local reviews across the last 12 months.

  •   5   (16 reviews)
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Rhys Digance

Rhys Digance is an award winning recommended agent for Adelaide.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (436 reviews)
  •  3 Reviews in Adelaide
  •  4 Sales in Adelaide
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