Back 31/41 Melbourne Street
Off Market

31/41 Melbourne Street

North Adelaide SA 5006

2
1
1
76 m²
Apartment
Rosalind NealeRosalind Neale, last sold this property on 18 June 2025 after 16 days on market.

Overview

Immaculately Presented Ground Floor Apartment with Generous & Private Courtyard

Located in the heart of North Adelaide, you'll find this tastefully furnished, ground floor apartment on the vibrant cosmopolitan Melbourne Street, with its array of dining, shopping and entertainment. Offering an unbeatable lifestyle with seamless access to the Adelaide Parklands, CBD, Universities, Botanic Gardens, Adelaide Oval all via convenient bus routes, short walk, or bike ride. The entrance invites you into the light and airy open plan living / dining area with fresh white plantation shutters, charcoal vinyl timber look floors and built in storage. Leading through to the spacious updated kitchen featuring ample storage and pristine stone bench tops. Quality appliances include the ceramic cooktop, under bench electric oven and dishwasher. A split system air conditioner is centrally located for year round heating and cooling. Modern and minimalist in style, the bathroom boasts fresh white accents, feature floor tiles, a seamless shower and full sized bath tub. The European laundry is well integrated into this functional space. The two double sized bedrooms feature excellent storage; bedroom 1 with built in cupboards and bedroom 2 with built in robe. Both providing delightful East facing aspects framed by the plantation shutters and outlooks to the generous paved courtyard. Bedroom 2 steps out to the private courtyard, landscaped with large modern concrete pots and plants, and a large shade sail. Secure apartment with intercom, a private gated entrance off Melbourne Street which accommodates secure off street parking with allocated single carport. An extensive and successful history as an upmarket Airbnb, this apartment presents an exciting opportunity for investors to utilise the quality furnishings and self catering equipment included in the sale and continue the short stay Airbnb. Alternatively, options include a long term residential rental in this high demand location. Perfect for the first home buyer seeking an affordable entry into this highly desired suburb and the downsizer due to the low maintenance living and exceptional transport connections. An inventory list and written rental assessment can be provided upon request. Key features: - Ground floor apartment with generous private paved courtyard - Quality furnishings included - Two double sized bedrooms with robes/ cupboards - Light and airy open plan living / dining - Spacious updated kitchen with stone benchtops - Modern and minimalist style bathroom - European laundry - Secure gated entry and single carport - Seamless access to CBD and nearby dining / entertainment Specifications: CT / Volume 6171Folio 321 Council / Adelaide Zoning / City Living / MHI Built / 1999 Internal / 76 m2 (approx.) Land Size / 113 m2 (approx.) Council Rates / $1881.00 pa (approx.) SA Water (Supply & Sewerage) / $165.55 pq (approx.) ESL / $469.00 pa (approx.) Strata Sinking Fund / $231.00 pq (approx) Strata Admin Fund / $886.00 pq (approx) Nearby Schools / North Adelaide P.S, Adelaide Botanic H.S, Adelaide H.S

Features

2 bedrooms
1 bathroom
1 carspace
76 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in North Adelaide over the last 12 months, the estimated median property value of 31/41 Melbourne Street is $755k.

Median value
$755k
Estimated value range
$520k - $2.38m
Median days on market
36
Estimated value trend
31%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North 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 31/41 Melbourne Street

2025
Sold
Undisclosed
Private Sale/Treaty on 18 Jun 2025 by Rosalind Neale, of Neale Realty

Happy sellers in North Adelaide

96%
96% of sellers in North Adelaide reported that their sale price either exceeded or met their price expectations.

North Adelaide stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in North Adelaide over the last 12 months.

Local market activity for 2 bedroom apartments in North Adelaide

In the last 12 months, 22 two-bedroom apartments similar to 31/41 Melbourne Street, have been sold.

This represents a 5% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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