Back 610/160 Rundle Mall
Off Market

610/160 Rundle Mall

Adelaide SA 5000

1
1
Apartment

Overview

Invest in Student Accomodation

With the number of students from overseas and interstate enrolling in South Australian Universities increasing, the demand for student accommodation remains high. This investment in Unihouse has a consistent return so buy now into a low risk opportunity to invest in a property market that has room for increasing capital growth and receive returns on a monthly basis of approximately $500 - $600p/mth after all costs are covered. Financial statements are available. Conveniently located for access to all the unis on the east side of the city at the edge of Rundle Mall, close to restaurants & shopping, this secure apartment would suit the investor or families with students currently attending University! The accommodation comprises single bedroom with ensuite bathroom, lounge room with kitchen facilities and is fully furnished and self contained. The complex is also equipped with safety switches, smoke detectors, security entrance and individually metered units. This is a superb CBD location for a huge growth industry and the fully furnished studio apartment has a secure, long term lease. Situated in a high demand building with proven occupancy track record, offers for this investment are invited. Contact Ashley Munchenberg Mobile: 0411 661 999 Office: 8130 1400 E-mail: ashley@smallacombesanderson.com.au RLA 43473

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 610/160 Rundle Mall is $474k.

Median value
$474k
Estimated value range
$131.5k - $704k
Median days on market
33
Estimated value trend
13%
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 610/160 Rundle Mall

2009
Sold
Undisclosed
Private Sale/Treaty on 10 Jul 2009

Happy sellers in Adelaide

92%
92% 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 25 reviews in Adelaide over the last 12 months.

Local market activity for 1 bedroom apartments in Adelaide

In the last 12 months, 175 one-bedroom apartments similar to 610/160 Rundle Mall, have been sold.

This represents a 26% increase in one-bedroom apartments sales when compared to the previous 12 months.

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