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Back 607/61 Hindmarsh Square
Off Market

607/61 Hindmarsh Square

Adelaide SA 5000

2
1
65 m²
Apartment
Last sold for $375,000
Toby ShipwayToby Shipway, last sold this property on 24 August 2025 after 34 days on market.

Overview

**SOLD BY TOBY SHIPWAY - TO GET THE MAXIMUM PRICE WITH MINIMUM FUSS CONTACT TOBY SHIPWAY**

Excellent Investment Opportunity in Adelaide's vibrant East End. Set within the highly regarded Mantra Hindmarsh Square complex, this fully furnished two-bedroom apartment presents an outstanding opportunity for savvy investors seeking strong rental returns and long-term capital growth in one of Adelaide's most tightly held CBD locations. Ideally located to accommodate guests from all walks of life, all the conveniences of the CBD at your doorstep. A short stroll will take you to Rundle Mall and Rundle Street, the South Australian Museum and Art Gallery, Botanic Gardens, iconic Adelaide Oval, Adelaide Zoo, River Torrens Precinct and much more. Currently managed through the Hindmarsh Square Managed Investment Scheme, the apartments are operated as hotel rooms where the income is generated through a high occupancy pool scheme with generous return of approximately $28,905.28 per annum. That's an approximate 7.5 - 8% yield after management and operating expenses! Another perk of this "hands-off investment", all investors are entitled to 14 nights of free accommodation per year allowing owners to enjoy short stays in their own apartment-ideal for business trips, holidays, or personal use-without affecting the property's overall income potential. This 'set and forget' investment opportunity has been successfully running since 2008 (approx.) by Mantra Hindmarsh Square with 24-hour reception, DJ's Diner & Bar, room service around the clock, and a fully equipped gymnasium-ensuring guests enjoy every convenience in the heart of the city. Inside, the apartment features open-plan layout that seamlessly connects the living, dining and well-appointed kitchen. This flows through to the private balcony boasting the attractive outlook over Hindmarsh Square and beyond. Both bedrooms are great size with built in robes and the stylish bathroom conveniently located between them. Further standout features include ducted revers cycle air-conditioning, secure building access and lift service ensure year-round comfort and peace of mind. Don't miss out on this high-performing asset in a blue-chip location-invest in Adelaide's ever expanding East End today! Contact Toby Shipway for further information. 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
65 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 607/61 Hindmarsh Square 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 607/61 Hindmarsh Square

2025
Sold
$375,000
24 Aug 2025 by Toby Shipway, 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 607/61 Hindmarsh Square, have been sold.

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

Nearby agents

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Cynthia Sajkunovic

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Rhys Digance

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  •   4.9   (436 reviews)
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