Back 802/39 Grenfell Street
Off Market

802/39 Grenfell Street

Adelaide SA 5000

2
1
Apartment
Last sold for $490,000
Arnold GuanArnold Guan, last sold this property on 03 November 2025 after 20 days on market.

Overview

Invest or Indulge – Prime Adelaide City Apartment

Located in the heart of Adelaide CBD, this stylish apartment combines contemporary living with unbeatable convenience and a strong investment return. Currently leased at $630 per week until January 2026, it offers an excellent opportunity for investors seeking immediate and reliable income. The apartment features a bright open plan living and dining area that welcomes plenty of natural light, creating a comfortable and relaxing space. The modern kitchen is equipped with stainless steel appliances, along with sleek cabinetry and stone benchtops. The bedrooms are generously sized and versatile, while the fully tiled bathroom showcases quality fittings and a clean, modern finish. Step outside onto your private balcony to enjoy fresh air and city views, the perfect spot for morning coffee or evening unwind. Residents can enjoy secure building access, lift service and a range of premium facilities such as a swimming pool, gym and outdoor entertainment area. Whether you're an investor, downsizer or looking for a convenient city base, this apartment delivers lifestyle and value in one. - Currently tenanted at $630 per week until January 2026 - Prime location in the central city - Spacious open plan living and dining filled with natural light - Second bedroom or study - Modern kitchen with stainless steel appliances and stone benchtops - Stylish fully tiled bathroom with quality fixtures - Private balcony with city outlook - Secure access - Resident facilities include pool, gym and entertainment deck - Walk to city destinations such as Rundle Mall, Adelaide Oval, Central Markets - Bus, tram and train public transport options - Zoned Adelaide High School and Botanic High School RLA 326078

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 802/39 Grenfell Street is $663k.

Median value
$663k
Estimated value range
$310k - $1.49m
Median days on market
30
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 802/39 Grenfell Street

2026
Rented
Undisclosed
Leased on 06 Feb 2026 by Belle Property Adelaide City
2025
Sold
$490,000
Private Sale/Treaty on 03 Nov 2025 by Arnold Guan, of Belle Property Adelaide City
2025
Rented
Undisclosed
Leased on 08 Jul 2025 by Belle Property Adelaide City

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 30 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom apartments in Adelaide

In the last 12 months, 278 two-bedroom apartments similar to 802/39 Grenfell Street, have been sold.

This represents a 10% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Adelaide

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent