Back 9/29-31 Compton Street
Off Market

9/29-31 Compton Street

Adelaide SA 5000

3
2
Apartment

Overview

Unique European Loft Apartments With Great Rental Return

Looking for a unique solid investment property in the Adelaide CBD? Why not check this three bedrooms European style loft apartment out! Adelaide Central Market and Coles Supermarket are both within 3 minutes walking distance for your convenience. Plenty of famous restaurants on Gouger Street will please you the dining out experience. In addition, tramline station to Glenelg and Entertainment Center is only 5 minutes walk distance from this apartment. This apartment is located at the 3rd and 4th floor of the building. Step into this apartment you will be impressed by its open plan kitchen, 4.8 meters high ceiling and down light. Master bedroom with an en-suite located at upstairs that will offer comfortable undisturbed sleep. Another good size bedroom is also upstairs next to the master bedroom. Second bathroom at downstairs is providing a massage shower, a basin and a w/c. for guests convenience. Moreover, the rental income is currently $520 per week. So, why not call Richard now to arrange a private inspection.

Features

3 bedrooms
2 bathrooms
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 9/29-31 Compton Street is $1.25m.

Median value
$1.25m
Estimated value range
$365k - $3.2m
Median days on market
41
Estimated value trend
54%
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 9/29-31 Compton Street

2023
Rented
Undisclosed
Leased on 22 Jan 2023 by DG Real Estate
2017
Sold
Undisclosed
Private Sale/Treaty on 26 May 2017
2014
Sold
16 Mar 2014 by Richard Chiu, of DG 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 29 reviews in Adelaide over the last 12 months.

Local market activity for 3 bedroom apartments in Adelaide

In the last 12 months, 68 three-bedroom apartments similar to 9/29-31 Compton Street, have been sold.

This represents a 28% increase in three-bedroom apartments sales when compared to the previous 12 months.

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