Back 309/61 Hindmarsh Square
Off Market

309/61 Hindmarsh Square

Adelaide SA 5000

2
1
Apartment
Josh EdgarJosh Edgar, last sold this property on 03 July 2025 after 77 days on market.

Overview

Set & forget investment

**This is an investment opportunity only. This property cannot be lived in** An amazing investment opportunity, in a superb location with an enviable return on investment. Hassle-free investing with this fully serviced & furnished apartment, offering short stay, business, leisure & holiday accommodation right in the middle of Adelaide's CBD. With an assessable income for 2023/2024 of $26,160.79 and fin-year to date averaging just under $2,300 per month, this investment is hassle-free but with some handy perks!! **Owners are entitled to 14 days of free accommodation per financial year. *Speak with your conveyancer about stamp duty exemption. **The use of the room is free but you are required to pay the cleaning charge upon leaving, there are also notice periods and excluded days. Financial Status of the Community Title as of 22/4/25 The fund currently stands to the credit of: Administrative Fund $170,264.01CR Sinking Fund $563,052.35CR (for future projects) Why to buy: - East End/Hindmarsh Square location - 24-hour reception, room service and concierge - Gymnasium located on the fifth floor - In-house cafe, restaurant and bar entertainment facilities - European influenced building - Close by to restaurants and boutiques - Great owner benefits - Well sized private balcony - Fully furnished If you are interested in inspecting this apartment, please contact Josh at Turner Real Estate. Council / City of Adelaide Council Rates / $2,325.80 p.a. Water & Sewer / $165.55 p.q. Admin Levy / $875 p.q. Sinking Fund / $227 p.q. Refurbishment levy / calculated as 3.5% of the assessable income #expectmore RLA 62639

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 309/61 Hindmarsh Square 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 309/61 Hindmarsh Square

2025
Sold
Undisclosed
Private Sale/Treaty on 03 Jul 2025 by Josh Edgar, of Turner Real Estate Wayville

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 309/61 Hindmarsh Square, have been sold.

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

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