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Back 601/242 Flinders Street
Off Market

601/242 Flinders Street

Adelaide SA 5000

2
1
75 m²
75 m²
Apartment
Marco LaiMarco Lai, last sold this property on 02 July 2025 after 14 days on market.

Overview

Experience Serenity: Breathtaking Hillside Haven

Under Contract by Marco Lai! Nestled on the tranquil Flinders Street in Adelaide's vibrant East End, this modern apartment offers a perfect "lock up and leave" lifestyle. You'll enjoy the excitement of nearby Rundle Street and Rundle Mall, with esteemed universities and cultural landmarks along North Terrace just a stone's throw away. The area is renowned for its lively atmosphere, making it an ideal location for both convenience and leisure. This apartment artfully combines natural elements to provide a serene escape from the city's hustle and bustle. Its clever design maximizes space with smart joinery and cabinetry. The open living and dining area flows seamlessly into a study/second bedroom filled with natural light. The kitchen is well-appointed with a ceramic cooktop, Fisher & Paykel electric oven, and dishwasher. Step out onto the balcony to enjoy uninterrupted views of the hills. The spacious master bedroom boasts built-in robes and luxurious carpeting, with north-facing windows that flood the room with natural light. It connects directly to the bathroom, adding a practical touch to the overall design. This apartment not only offers comfort and modern living but also the perfect location to enjoy everything the area has to offer. Property Highlights: - Enjoy breathtaking, uninterrupted views of the hills from a peaceful street. - Spacious master bedroom featuring built-in robes and direct bathroom access. - Stylish kitchen equipped with a stone benchtop, ample storage, ceramic cooktop, and Fisher & Paykel electric oven and dishwasher. - Versatile second bedroom easily adaptable to a work-from-home office. - Open-plan living and dining area adorned with luxurious carpet. - Split system air-conditioning in every living area for year-round comfort. - Secure intercom entry and NBN connectivity. - Convenient public transport options just moments away. - Ideal for investors, downsizers, first-time homebuyers, or young professionals seeking a city lifestyle. - Close to Rymill Park, Botanic Park, and the vibrant cafes, restaurants, and bars on Hutt Street. - Walking distance to Adelaide University and the University of South Australia. - Zoned for Adelaide High School and Adelaide Botanic High School. Don't miss out on the opportunity to experience the epitome of inner-city living. For any further information, please contact Marco Lai on 0433 733 368 or Sumit Khatri on 0433 577 970, The City Specialist Team. 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
75 m² floor area
75 m² lot size
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 601/242 Flinders Street 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 601/242 Flinders Street

2025
Sold
Undisclosed
02 Jul 2025 by Marco Lai, of Ray White Adelaide CBD
2023
Sold
$350,000
24 Apr 2023 by Stephen Keenihan, of City Realty

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, 280 two-bedroom apartments similar to 601/242 Flinders Street, have been sold.

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

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Rhys Digance

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