Back 401/248 Flinders Street
Off Market

401/248 Flinders Street

Adelaide SA 5000

1
1
51 m²
59 m²
Apartment
Last sold for $440,000
Ash HeffernanAsh Heffernan, last sold this property on 17 December 2025 after 98 days on market.

Overview

Perfectly positioned for professionals, first home buyers and investors in Adelaideâs East End

248 Flinders Street offers a premium urban lifestyle in the heart of Adelaideâs vibrant East End. Designed by award-winning architects Loucas Zahos, this residence blends modern elegance, unbeatable convenience, and breathtaking views. With Rundle Street, Rymill Park, Hutt Street, Victoria Park, Central Market and Rundle Mall all within walking distance, youâre surrounded by Adelaideâs best cafés, restaurants, shopping, and entertainment. Inside, the apartment showcases spacious open-plan living with timber flooring, floor-to-ceiling windows and a private balcony that connects seamlessly with the outdoors. The gourmet kitchen is fitted with Miele appliances, stone benchtops, an island bench, and sleek woodgrain cabinetry-perfect for cooking or entertaining. The carpeted bedroom includes a built-in robe, while the stylish bathroom features floor-to-ceiling tiles, a rain shower, designer vanity and a European-style laundry. Residents also enjoy premium amenities including: • Secure access, lift facilities and intercom • Rooftop entertaining with BBQ and panoramic views from the 17th floor • Ducted reverse-cycle air conditioning and NBN connectivity Zoned for Adelaide Botanic High School, Adelaide High School, Sturt Street Community School and Gilles Street Primary School, with Prince Alfred College and Christian Brothers College also nearby. Outgoings: ESL $226.10 P/A (approx.) Water $176.30 P/Q + usage (approx.) Adelaide City Council Rates $408.10 P/Q (approx.) Whittles Community Fee inc sinking fund $861 P/Q (approx.) Investment Appeal Currently leased at $450 per week until 23 June 2026, this apartment provides a strong rental return in Adelaideâs thriving market. ð Donât miss this opportunity to secure a premium East End address. Contact us today to arrange a private viewing of 401/248 Flinders Street, Adelaide. All information provided including, but not limited to, the property's land size, floorplan, floor size, building age and general property description has been obtained from sources deemed reliable. However, Julianne Price Real Estate and the vendor cannot guarantee the information is accurate and the agent, and the vendor, does not accept any liability for any errors or oversights. Interested parties should make their own independent enquiries and obtain their own advice regarding the property.

Features

1 bedroom
1 bathroom
51 m² floor area
59 m² lot size
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 401/248 Flinders 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 401/248 Flinders Street

2025
Sold
$440,000
Private Sale/Treaty on 17 Dec 2025 by Ash Heffernan, of Julianne Price Real Estate
2022
Rented
Undisclosed
Leased on 22 Jun 2022 by Julianne Price Real Estate

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 1 bedroom apartments in Adelaide

In the last 12 months, 190 one-bedroom apartments similar to 401/248 Flinders Street, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

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