Back 406/160 Rundle Mall
Off Market

406/160 Rundle Mall

Adelaide SA 5000

1
1
30 m²
Apartment
Last sold for $145,000
Peter LiPeter Li, last sold this property on 09 October 2025 after 24 days on market.

Overview

City Living or Smart Investment in the Heart of Rundle Mall

Ray White Angle Vale | Elizabeth and Peter Li are proud to present this fully self contained one bedroom apartment, superbly located in the heart of Rundle Mall. Currently tenanted until November, this property offers an attractive opportunity for investors seeking a strong-performing, low maintenance asset in one of Adelaide's most vibrant precincts. Designed with practicality and comfort in mind, the apartment features a private ensuite, kitchenette, and dedicated living and study zones. Its east facing aspect ensures excellent natural light throughout the day, while being fully furnished and well maintained adds further appeal for both tenants and owners alike. With Adelaide's premier shopping, dining, and entertainment right outside your door, plus walking distance to universities, the East End, and excellent public transport, this is the ultimate in convenient city living. Feature You'll Love: • Fully self contained one bedroom apartment • Private ensuite and kitchenette • Comfortable living and study zones • East facing with excellent natural light • Fully furnished and well maintained • Prime location in the heart of Rundle Mall • Walking distance to universities, shops, public transport and Adelaide's East End • Secure a strong-performing asset or affordable city base in the beating heart of Adelaide. Other information: Title: Strata Title Council: City of Adelaide Zoning: City Main Street Build: c1968 Council Rates: $1,025.50 per annum (approx). SA Water: $167.30 per quarter Emergency Services Levy: $66.50 pa Strata Management: Horner Property Management Strata Fees: Admin Fee $688.90 per month (approx.) and Sinking Fund $190.65 per month (approx). Rental Assessment: $380 - $400 per week Lease: Currently rented for $350 per week until 10/11/2025 This is your chance to secure a high performing investment in a blue chip CBD location. Contact Peter Li at Ray White Angle Vale | Elizabeth today for further details or to arrange an inspection. Whether you're building your portfolio or entering the market for the first time, this is an unmissable opportunity in one of the city's most tightly held locations. For more information or to arrange a private viewing, contact Peter Li today. To put in an Offer to Purchase online, please follow the link: https://portal.reaforms.com.au/purchaser/unit-406-160-rundle-mall-adelaide-sa-5000-06yqbbczuijzdaya4ltjxo8kx Want to find out where your property sits within the market? We can provide you with a market update on your home or investment! Call Peter Li on 0415 413 250 or click on the following link: https://raywhiteanglevale.com.au/agents/peter-li/157306 Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy, and no warranty or representation is given or made as to the correctness of the information supplied. Neither the owners nor their agent can accept responsibility for any errors or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the contract of sale. RLA 302788

Features

1 bedroom
1 bathroom
30 m² floor area
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 406/160 Rundle Mall 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 406/160 Rundle Mall

2025
Sold
$145,000
09 Oct 2025 by Peter Li, of Ray White Angle Vale | Elizabeth

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 1 bedroom apartments in Adelaide

In the last 12 months, 192 one-bedroom apartments similar to 406/160 Rundle Mall, have been sold.

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

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