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Back 41/274 South Terrace
Off Market

41/274 South Terrace

Adelaide SA 5000

2
1
2
90 m²
Apartment
Last sold for $580,000
Andrew DowningAndrew Downing, last sold this property on 20 July 2025 after 25 days on market.

Overview

Under Contract by Andrew Downing!

# Best Offers Close July 3 @ 4 p.m. U.S.P. # Perfectly positioned on the doorstep of the serene South Parklands and the picturesque Japanese Himeji Garden, this light-filled two bedroom apartment offers the ideal balance of lifestyle, convenience, and low-maintenance living. Whether you're a first home buyer, City professional, student, downsizer or savvy investor, or simply seeking a quiet city base, this parkland fronted residence delivers space, comfort, and urban accessibility. Just a short stroll to the vibrant Hutt Street precinct and with excellent public transport links nearby, you'll enjoy the very best of city living. The free flowing open-plan layout flows seamlessly from the kitchen through the meals and living areas, opening out to a private, brush-fenced courtyard - your own peaceful retreat perfect for entertaining or relaxing. The Why To Buy :-) * Two generous bedrooms * Master bedroom with built-in robes * Light-filled open-plan living & dining * Tidy updated Kitchen overlooking the main living space * Bathroom with integrated laundry for added convenience * Wall-mounted air-conditioning for year-round comfort * Large tranquil, #private courtyard - perfect for entertaining * Low strata fees * Undercover off-street car park (non-allocated). #Please note that the letterboxes in the courtyard are no longer in use. Located directly opposite the South Parklands and the Himeji Gardens, the apartment is also within walking distance to the newly renovated Marshmallow Park, the South Terrace tram stop and the endless selection of cafes and restaurants along Hutt Street, the vibrant East End and the CBD. Also within walking distance to Adelaide University, University of SA, eastern CBD parklands, and the Wakefield Street Hospital. Education options are plentiful with nearby public high schools (zoned for both Adelaide and Adelaide Botanic High Schools), and prestigious private schools like St Aloysius College and Pulteney Grammar. Easy access to public transport, including tram and bus routes to Flinders University, completes the picture. Enjoy the ease of lock-up-and-leave living in one of Adelaide's most peaceful yet central locations. Attractive option for investors with strong rental appeal. A smart lifestyle and/or investment awaits! For any further information please contact Andrew Downing, The City Specialist, on 0404 882 311. All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.

Features

2 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
90 m² floor area
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 41/274 South Terrace 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 41/274 South Terrace

2025
Rented
Undisclosed
Leased on 04 Sep 2025 by Ray White Adelaide CBD
2025
Sold
$580,000
20 Jul 2025 by Andrew Downing, of Ray White Adelaide CBD

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, 279 two-bedroom apartments similar to 41/274 South Terrace, have been sold.

This represents a 13% increase in two-bedroom apartments sales when compared to the previous 12 months.

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