Back 701/242 Flinders Street
Off Market

701/242 Flinders Street

Adelaide SA 5000

2
1
Apartment
Last sold for $510,000
Mannas ChanMannas Chan, last sold this property on 30 January 2026 after 16 days on market.

Overview

Urban Ease, Skyline Views & East End Energy.

SOLD BY MANNAS CHAN & JAYVIN TANG . For more information about this sale and the process, please contact Mannas on 0451 858 389 . Positioned high above the city in the striking ART Apartments, 701/242 Flinders Street delivers contemporary apartment living with Adelaide's most vibrant lifestyle at its doorstep. Built in 2014, this architecturally designed residence captures the ease, energy, and convenience of the East End - ideal for professionals, students, downsizers, or astute investors alike. Inside, open-plan living and dining unfold with a sense of light and space, extending effortlessly to a private south-facing balcony where city skylines and foothill glimpses create a dynamic urban backdrop. It's a space designed for morning coffee with a view, evening breezes, and the simple pleasure of fresh air above it all. The kitchen is sleek and practical, featuring quality appliances, generous storage, and a streamlined layout that supports everyday living with ease. Whether entertaining friends or keeping life low-key, the space is effortlessly functional. Accommodation is thoughtfully designed for flexibility. The spacious main bedroom enjoys built-in robes, custom shelving, and direct access to the stylish bathroom, while the second bedroom offers versatility as a guest room, home office, or study. A discreet separate laundry, linen storage, and split-system air conditioning throughout enhance day-to-day comfort. Secure lift access, intercom entry, and the modern ART complex setting complete a lifestyle defined by low maintenance and high convenience. Moments from Hutt Street's cafés, wine bars, and restaurants, and within easy reach of Rundle Mall, universities, public transport, and Adelaide's cultural calendar, this is city living that moves with you - vibrant when you want it, effortless when you don't. Features Positioned within the architecturally designed ART Apartments (built 2014) Elevated Level 7 apartment with city skyline & foothill outlooks 2-bedroom layout offering flexibility for living, guests, or home office Main bedroom with BIR, custom shelving, & direct access to main bathroom Versatile second bedroom Light-filled open-plan living & meals flowing to private south-facing balcony Contemporary kitchen with oven, cooktop, dishwasher, & generous storage Sleek main bathroom plus discreet separate laundry Split-system AC to living area & both bedrooms Linen storage for added practicality Secure intercom entry with lift access NBN connectivity Low-maintenance, lock-&-leave city lifestyle opportunity Lifestyle Set in the heart of Adelaide's vibrant East End Steps from Hutt Street's cafés, wine bars & dining destinations Moments to Rundle Mall, Victoria Square & the Adelaide Central Market Close to the city's universities, TAFE & medical precincts Easy access to public transport for seamless city commuting Surrounded by Adelaide's cultural, festival & events calendar Zoned for Gilles Street Primary School, Adelaide High School & Adelaide Botanic High School Near leading private schools including Pulteney Grammar, St Mary's College, SAC & CBC A lifestyle defined by walkability, convenience & urban energy Rates Council $1566PA SA Water $176PQ Strata Fee $980PQ 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 701/242 Flinders Street is $680k.

Median value
$680k
Estimated value range
$310k - $1.4m
Median days on market
29
Estimated value trend
17%
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 701/242 Flinders Street

2026
Sold
$510,000
Private Sale/Treaty on 30 Jan 2026 by Mannas Chan, of NOAKES NICKOLAS PTY LTD
2021
Rented
Undisclosed
Leased on 14 Jul 2021 by Korn Real Estate
2021
Rented
Undisclosed
Leased on 14 Mar 2021 by Korn Real Estate

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, 276 two-bedroom apartments similar to 701/242 Flinders Street, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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