113/255 Hindley Street, Adelaide, SA 5000 sold on 02 September 2025 | OnTheHouse
 
SOLD
Sold on 02 Sep 2025 for $255,000

113/255 Hindley Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
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Property Details for 113/255 Hindley St, Adelaide

113/255 Hindley St, Adelaide is a 1 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1991. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 1 bedroom Townhouse sold in Adelaide in the last 12 months.

Building Type
Townhouse
Year Built
1991
Local Government
Adelaide
Lot/Plan
U113/S11687

Last Listing description (August 2025)

Effortless Investment in the Heart of Adelaide's West End

*Lot 113/255 Hindley Street Adelaide is also known as Room No.244 (on Level 2) with Car park No.114

Set in the vibrant West End precinct, this stylish one-bedroom apartment presents a fantastic opportunity for investors seeking a low-maintenance, high-yield asset in one of the city's most accessible pockets.

Currently managed as a serviced short-stay apartment, it offers excellent rental returns with minimal fuss - the ultimate set-and-forget investment. With trams, trains, buses and taxis at your doorstep, the location couldn't be more convenient for visitors and professionals alike.

Just moments from Rundle Mall, Gouger Street, UniSA City West campus, the Adelaide Convention Centre and Adelaide Oval, this modern, self-contained apartment delivers the perfect mix of comfort, practicality and proximity to the very best of Adelaide.

Property features:
- Fully furnished one-bedroom apartment
- Open-plan living and dining with split system air conditioning
- Well-appointed kitchen with modern appliances and whitegoods
- Stylish bathroom with quality finishes
- Secure swipe card access
- Elevator access via the front foyer and carpark
- Designated on-site car park

Investment highlights:
- Property to be sold with all furniture
- Apartment is in agreement with Accor Hotel Group until May 2031
- Total income from serviced apartment $17,615.04 (approx.) for FY23/24
- Total yield of 7.34% per annum (approx.)
- Revenue fluctuates depending on occupancy rates of the building

Specifications:
CT / 5061/210
Council / City of Adelaide
Built / 1991
Council Rates / $1,217.60 p.a approx.
Strata Rates / $1,371.48 p.q approx.
SA Water / $165.55 p.q approx
Strata Manager / Strata Data

*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). Interested parties should make their own inquiries and obtain their own legal advice.

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Property History for 113/255 Hindley St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$255,000
02 Sep 2025
  • 01 Aug 2025
    Sold for $255,000
  • 17 Jun 2025
    Listed for Sale UNDER CONTRACT
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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 18,721 properties. Over the last 5 years, Houses in Adelaide have seen a 49.03% increase in median value, while Units have seen a 34.05% increase. As at 31 January 2026:

  • The median value for Houses in Adelaide is $1,207,276 while the median value for Units is $568,990.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 139 properties listed for sale, and 98 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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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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