10/107 Grote Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

10/107 Grote Street
Adelaide SA 5000

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 47m2
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Property Details for 10/107 Grote St, Adelaide

10/107 Grote St, Adelaide is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 47m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2004
Floor Size
101m2
Land Size
47m2
Local Government
Adelaide
Lot/Plan
F10/C21476

Last Listing description (January 2022)

Multiple-level townhouse featuring a very functional layout that will not only provide a convenient comfortable lifestyle but comes with the bonus of a high rental yield (up to 6% per annum) for the investors. This property and location are ideally suited for professionals looking for a lock-up and leave city lifestyle, investors looking for a good cash flow & solid return, or for families looking for the ideal place to call home within the Elite school catchment (Adelaide High and Botanic High School).

Supremely Located in the heart of the city offering the convenience of many popular restaurants and cafes for fine dining and entertainment. Only a stone's throw to the famous Central Market for all your fresh produce and thriving Chinatown, you will have everything you need at your fingertips.

With public transport at your doorstep your only minutes to the University of Adelaide, University of South Australia, and many other city facilities including Botanic Garden, National Library, Art Gallery, and the Adelaide Oval. For the families you even have the zoning for some of Adelaide's elite top-ranking schools, including Adelaide High and Botanic High Schools (dual catchment).

Walking into the 3-level townhouse you will immediately appreciate the clever functional layout.
The Ground level consists of a lock up garage to keep your car secure which provides internal access to the master bedroom suite with ensuite. The Second level provides 2 spacious bedrooms providing privacy by each having their own bathroom and built-in robes. The Third level completes the home with an open plan living/dining area offering a generous space with an inviting entertainer's island bench and modern kitchen. Not to be missed and alongside this entertainer's space is the bonus of an extra study or 4th bedroom. This bedroom then leads to a private balcony perfect for the summer nights, with city views to complete the package.

Features we love:
Supreme location offers the most convenient lifestyle
Previously tenanted generating a total rental of $700 per week.
Current rental estimation for a standard lease agreement of $600 per week.
Extra Security by a gated entry to the complex
Modern Kitchen with island bench, stainless steel kitchen appliances, double sink and ample cabinetry for storage
Very Functional & flexible layout good for communal living with privacy
High rental yield potential
City Views

This rare find opportunity is sure to attract a lot of interest so please do not hesitate to call and register your interest.

Year Built- 2004
Building Area: 151 sqm(app)
Council rates: $497.45/quarter (app)
Community Fees: $355 / quarter (app)

We are trying our best to strive for the accuracy of the information obtained above but details have been sourced from third party sources. Thus, all interested parties should seek independent advice and carry out your own due diligence.

Property History for 10/107 Grote St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$635,000
07 Jan 2022
Listed for Rent
$650/w
17 Dec 2021
  • 07 Jan 2022
    Sold for $635,000
  • 20 Oct 2021
    Listed for Rent $700 / week
  • 23 Sep 2021
    Listed for Sale Contact Agent
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of 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 18,714 properties. Over the last 5 years, Houses in Adelaide have seen a 44.76% increase in median value, while Units have seen a 34.32% increase. As at 28 February 2026:

  • The median value for Houses in Adelaide is $1,195,229 while the median value for Units is $566,972.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 133 properties listed for sale, and 99 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1241 properties were sold in the past 12 months in Adelaide.

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Cotality Copyright and Legal Disclaimers about Property Data
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.