Back 705/235 Pirie Street
Off Market

705/235 Pirie Street

Adelaide SA 5000

1
1
Apartment
Last sold for $285,000
Craig EllisCraig Ellis, last sold this property on 26 August 2026 after 21 days on market.

Overview

Find opportunity: where investment meets city convenience

OPEN BY APPOINTMENT Positioned on the seventh floor of a secure, low-maintenance complex, this fully furnished 1 bedroom apartment presents an outstanding opportunity for investors and students alike. Currently leased until 3/2/27 at $400 per week, it offers immediate rental income in one of Adelaide's most sought-after city precincts. Enjoy panoramic Southern Hills views and an unbeatable location within walking distance of universities, cafés, public transport and the East End. Whether you're expanding your portfolio or securing a future city base, this is a smart purchase with broad appeal. Designed for comfortable, low-maintenance living, the apartment features an open plan kitchen and living area flowing onto a private balcony with elevated views. The kitchen is well appointed with a gas cooktop, ample storage and quality appliances, while the bedroom includes a built-in robe, study nook and direct balcony access. Complete with ducted reverse cycle air conditioning, intercom entry, lift access and a combined bathroom and laundry, this is an easy-care apartment offering convenience, comfort and long-term appeal. Find home: - 1 bedroom with built-in robe and study nook - Open plan kitchen and living area - Kitchen with gas cooktop and ample storage - Private balcony with Southern Hills views - Combined bathroom and laundry - Ducted reverse cycle air conditioning - Fully furnished with quality inclusions - Secure intercom entry and lift access - Tiled living area and carpeted bedroom Find opportunity: - Currently leased until 3/2/27 at $400 per week - Strong appeal to students and professionals - Fully furnished investment with immediate rental return - Positioned in a high-demand inner-city rental precinct Property Specifics: Year Built / 2010 Council / City of Adelaide Council Rates / $1,163.65 per annum Strata Admin Fund / $890.60 per quarter Strata Sinking Fund / $29.20 per quarter SA Water Rates / $191.85 per quarter ESL / $79.80 per annum CT / Volume 6060 Folio 435 Disclaimer: 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. RLA 239101

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 705/235 Pirie Street is $476k.

Median value
$476k
Estimated value range
$131.5k - $704k
Median days on market
33
Estimated value trend
15%
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 705/235 Pirie Street

2026
Sold
$285,000
Private Sale/Treaty on 26 Aug 2026 by Craig Ellis, of Allan Real Estate Pty Ltd
2025
Sold
$265,000
Private Sale/Treaty on 01 Sep 2025 by Josh Edgar, of Turner Real Estate Wayville
2022
Rented
Undisclosed
Leased on 18 Jan 2022 by Turner Real Estate Wayville

Happy sellers in Adelaide

90%
90% 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 26 reviews in Adelaide over the last 12 months.

Local market activity for 1 bedroom apartments in Adelaide

In the last 12 months, 161 one-bedroom apartments similar to 705/235 Pirie Street, have been sold.

This represents a 32% increase in one-bedroom apartments sales when compared to the previous 12 months.

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