Back 204/242 Flinders Street
Off Market

204/242 Flinders Street

Adelaide SA 5000

2
1
Apartment
Last sold for $370,000
Anthony DecelisAnthony Decelis, last sold this property on 04 April 2024 after 58 days on market.

Overview

GREAT OPPORTUNITY, HIGH YIELD, HASSLE FREE INVESTMENT!

With a good Tenant and a weekly return of approximately $526 per week (NRAS rental rebate) locked away until July 2024 and wishes to continue for a further 12 months. What a fantastic opportunity to become a property owner! Located In the heart of the CBD. This 2 bedroom apartment offers 2 bedrooms with built-in robes, ensuite bathroom, 3 split system air conditioners, spacious living/dine/kitchen, balcony with views at rear of the City. Intercom security system. How lucky will you be to be living in the best city in Australia.

Features

2 bedrooms
1 bathroom
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 204/242 Flinders Street is $681k.

Median value
$681k
Estimated value range
$1k - $1.4m
Median days on market
30
Estimated value trend
14%
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 204/242 Flinders Street

2024
Rented
Undisclosed
Leased on 22 Aug 2024 by Magain Real Estate
2024
Sold
$370,000
04 Apr 2024 by Anthony Decelis, of Michaelkris Real Estate

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 2 bedroom apartments in Adelaide

In the last 12 months, 260 two-bedroom apartments similar to 204/242 Flinders Street, have been sold.

This represents a 15% increase in two-bedroom apartments sales when compared to the previous 12 months.

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