121/61 Hindmarsh Square, Adelaide, SA 5000 | Apartment for sale | OnTheHouse
FOR SALE
$370,000 - $390,000

121/61 Hindmarsh Square
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 67m2
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Prime Investment Opportunity in Adelaide's Thriving East End

Positioned within the highly regarded Mantra Hindmarsh Square complex, this fully furnished two bedroom apartment offers an exceptional chance for investors seeking reliable returns and long-term capital growth in one of the CBD's most tightly held pockets.
Perfectly located to accommodate guests from all walks of life, all the conveniences of the CBD at your doorstep. A short stroll will take you to Rundle Mall and Rundle Street, the South Australian Museum and Art Gallery, Botanic Gardens, iconic Adelaide Oval, Adelaide Zoo, River Torrens Precinct and much more.
Currently part of the Hindmarsh Square Managed Investment Scheme, the apartment operates as hotel accommodation with income generated through a high occupancy pool. Investors benefit from a generous return of approximately $29,942.30 per annum. This equates to an impressive 8% yield (approx.) after management and operating expenses.
Adding to the appeal of this hands off investment, owners receive 14 nights of complimentary accommodation each year, allowing you to enjoy your own apartment for holidays, business trips or personal stays.
The Mantra Hindmarsh Square has successfully operated this "set and forget" model since around 2003, supported by 24 hour reception, DJ's Diner & Bar, room service, and a fully equipped gym-ensuring guests enjoy premium comfort in the heart of the city.
Inside the apartment features light filled open plan living and dining, a well-appointed kitchenette and a huge private balcony overlooking the leafy Hindmarsh square. Both bedrooms are great size with built in robes and the stylish bathroom centrally located between them. Additional features include ducted reverse cycle air conditioning, secure building access and lift service for year round comfort and peace of mind.
This is an excellent opportunity to secure a high performing, low maintenance asset in a blue chip CBD location. Invest in Adelaide's ever exciting East End today!
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 (including but not limited to a property's land size, floor plans and size, building age and condition). Some images may have been digitally enhanced for marketing purposes. Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the Ray White Adelaide City office (2/127 Hutt Street, Adelaide) for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA307896.

Property Details for 121/61 Hindmarsh Sq, Adelaide

121/61 Hindmarsh Sq, Adelaide is a 2 bedroom, 1 bathroom Apartment. The property has a land size of 67m2. The place is currently for sale with Ray White Adelaide City.

Building Type
Apartment
Land Size
67m2
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the total area. The population of Adelaide in 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation.In 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.

Adelaide has 18,817 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:

  • The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 174 properties listed for sale, and 86 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1262 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Toby Shipway
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Ray White Adelaide City
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.