525/304 Waymouth St

Adelaide SA 5000

30 m²

Studio

Last sold for $197,500

Toby Shipway, last sold this property on 27 June 2025 after 18 days on market.

Overview

SOLD BY TOBY SHIPWAY

Viable Set & Forget Investment Opportunity! Perfectly positioned in Adelaide CBD's West End, this studio apartment offers an excellent, low risk investment opportunities or a secure and convenient city lifestyle for owner occupiers. Situated in the south-west corner of the building, this apartment is one of the best in the building! Boasting amazing views south over the Adelaide Hills and west over the leafy parklands and daily sunsets over the ocean. For the investor - Currently managed by UniLodge, generating a strong rental return via the high-occupancy pool scheme. Currently returning $1,175.00 per month (approx.) after management fees. Looking to move in as an owner occupier, this can be done via 3 months written notice at the middle and end of the semester. The location is fantastic with all the conveniences of city living within walking distance. A short stroll will take you to Adelaide's education facilities with University of South Australia Campuses, Adelaide Health and Medical Sciences, Adelaide University and TAFE all very close by. Also within walking distance you'll find the exciting Riverbank Precinct with Adelaide Oval, the Convention Centre and Festival Theatre, Adelaide Casino and a huge choice of shopping, dining and entertainment options on Gouger Street and the Adelaide Central Markets. Public transport is of course easily accessible. Stand out apartment features include: - Full furnished - 2.7m high ceilings - Open plan living & dining - Kitchenette with cooktop, microwave and fridge - Well-appointed bathroom - Built-in study desk & shelving - Clothes hanging space - Private balcony east facing views - Split reverse cycle air conditioning - Wall mounted TV The building is well equipped with the following common facilities: - 24-hour smart card building access - Lift access - Lounge and games area - Well-appointed kitchen - Laundry room - Student study lounge - Library area - Gymnasium - Outdoor BBQ area This property offer excellent opportunities for the astute investor, parents looking for a safe and secure live in apartment for the kids and owner occupiers wanting to enjoy a no maintenance city lifestyle. For any further information please contact Toby Shipway on 0413 600 919. 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 the 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

1 bedroom

1 bathroom

30 m² floor area

Studio

Estimated Value

Based on this property and similar 1 bedroom studios sold in Adelaide over the last 12 months, the estimated median property value of 525/304 Waymouth St is $310k.

Median value

$310k

Estimated value range

$130k - $458.89k

Median days on market

Estimated value trend

70%

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.