Back 306/160 Grote Street
Off Market

306/160 Grote Street

Adelaide SA 5000

2
2
1
0 m²
Apartment
Marco LaiMarco Lai, last sold this property on 03 January 2021 after 305 days on market.

Overview

CONTEMPORARY LIVING WITHIN ADELAIDE’S CBD

Strategically located in the heart of Adelaide, this low-maintenance apartment will excite investors and professionals who want to enjoy the vibrant city lifestyle. Imagine professionally brewed coffee in the Central Market, cosmopolitan dining experiences on Gouger Street, and weekend shopping in Rundle Mall. Supremely located, this property is mere moments from some of the Adelaide CBD’s greatest conveniences and amenities: public transport links (5-minute walk to Victoria Square tram station), cafés, restaurants, Adelaide Botanic Garden, Adelaide Oval, Adelaide Central Market and Chinatown, the Art Gallery of South Australia, walk to the University of South Australia and the University of Adelaide, close to schools: Adelaide High School, Adelaide Botanic High School and Gilles Street Primary School. Catering for numerous living arrangements—such as shared-living or comfortable double tenancy—this apartment is ideal for family buyers, first home buyers or investors seeking a unique asset. Upon entering the apartment, first meet the open plan living, kitchen and meals area with connected large balcony with southern views of the city, Adelaide hills and beyond. Modern fittings feature throughout, including stone benchtops, LED downlights and bathrooms with floor-to-ceiling tiles. Both bedrooms boast large built-in robes for storage and the master is complete with its own private balcony. Indulge in the building’s vibrant amenities: infinity pool, mini cinema, rooftop garden, gym and billiard room. • Currently tenanted at $610 p/w until 24/3/2020 • Secure building access • Valuable single car parking space • Gas cooktop, stainless steel oven and ample cupboard storage • Ducted r/c a/c • NBN connectivity RLA 239435

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
0 m² lot size
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 306/160 Grote Street is $680k.

Median value
$680k
Estimated value range
$310k - $1.4m
Median days on market
29
Estimated value trend
17%
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 306/160 Grote Street

2024
Rented
Undisclosed
Leased on 26 Sep 2024 by NOAKES NICKOLAS PTY LTD
2024
Rented
Undisclosed
Leased on 29 May 2024 by NOAKES NICKOLAS PTY LTD
2023
Rented
Undisclosed
Leased on 24 Aug 2023 by NOAKES NICKOLAS PTY LTD

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 2 bedroom apartments in Adelaide

In the last 12 months, 278 two-bedroom apartments similar to 306/160 Grote Street, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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