503/242 Flinders St

Adelaide SA 5000

Apartment

Last sold for $488,500

Mannas Chan, last sold this property on 05 December 2025 after 71 days on market.

Overview

Contemporary Gem in the Heart of Adelaide.

Perfectly positioned in the vibrant east end of Adelaide's CBD, this beautifully presented apartment offers the best of modern city living with a spacious layout, full-width balcony, and the rare bonus of a separate study or second bedroom. Set within a secure, modern complex, great for privacy, this stunning low-maintenance apartment is perfect for professionals, students, or investors seeking a convenient lifestyle in the heart of the city. Step inside to find a light-filled open plan living and dining space, complete with sleek floor to ceiling cabinetry and a streamlined kitchen featuring stainless steel appliances and ample storage. Sliding glass doors open out to a generous balcony with expansive views perfect for your morning coffee or evening unwind. The spacious main bedroom is tucked away at the rear of the apartment, while the second bedroom/study offers flexibility for working from home or accommodating guests. The central bathroom is modern and well-appointed, with a cleverly integrated laundry zone designed for everyday ease. Move in ready and low maintenance, this stunning apartment places you within walking distance to Rundle Street dining, Rundle Mall shopping, universities, parklands, and public transport. Features Open plan kitchen, living and dining opening to full width balcony Main bedroom with built in robe and two way bathroom access Versatile second bedroom or study with split system air conditioning CCTV & Alarms Stylish kitchen with indiction cooktop, dishwasher and ample storage European style laundry and modern bathroom Split System air conditioning Lifestyle Only 600m to Rundle Street's cafés, dining and nightlife 1km to University of Adelaide and close to UniSA and colleges Easy access to Botanic Gardens, Rymill Park and city attractions Walk to Rundle Mall, the tram, Festival Theatre and museums Secure and peaceful location in the city's sought-after East End Near quality schools; Adelaide High School & Christian Brothers College Rates Council $1541.60PA SA Water $176.30PQ ES Levy $101.85PA City of Adelaide Strata Title Disclaimer at noakesnickolas.com.au/privacy-policy/ | RLA 315571

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 503/242 Flinders St is $660k.

Median value

$660k

Estimated value range

$310k - $1.49m

Median days on market

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.