141/61 Hindmarsh SquareAdelaide SA 5000
Property Details for 141/61 Hindmarsh Sq, Adelaide
141/61 Hindmarsh Sq, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a floor size of 39m2.
Last Listing description (February 2023)
Fully furnished Studio apartment situated on the 6th floor of the 4 star Mantra Hotel in Hindmarsh Square!
An excellent return and long term investment opportunity is available within a pooled community title investment scheme. The assessable income for the current financial year from July - November is $7,128.63 representing an outstanding investment return projected at approximately 7.5% for the year. The apartment is being sold fully furnished. No need to appoint a managing agent, or have any concerns relating to loss of income while searching for tenants as Mantra handle all the details and maintenance in conjunction with the Community Corporation.
The room offers a queen sized bed plus built-in robes and a spacious bathroom. There is also a study desk, lounge suite, flat screen television plus fully equipped kitchenette with microwave and fridge. The unit is stylishly decorated and enjoys loads of natural light.
As the new owner, you will benefit from access to 14 nights free accommodation per annum at the Mantra Hindmarsh Hotel.
Whether the hotel guests are travelling on business or leisure they will appreciate:
- reverse cycle air conditioning
- 24 hour reception
- room service
- concierge
- laundry facilities
- restaurant, cafe and bar
- gymnasium
- central location close to all the facilities within Adelaide
Specifications:
CT / 5888/885
Council / City of Adelaide
Zoning / CC
Built / 2003
Internal / 39m2
Council Rates / $1,458.85pa
SA Water / $98.89pq
ES Levy / $80.50pa
Strata / Whittles
Strata Rates / $629pq
Nearby Schools / Gilles Street P.S, Sturt Street Community School, Adelaide Botanic H.S, Adelaide H.S, Mitcham Girls H.S
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. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Property History for 141/61 Hindmarsh Sq, Adelaide, SA 5000
- 11 Nov 2022Listed for Sale $235k
- 14 Sep 2015Listed for Sale $190K
Recent sales nearby
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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 18,848 properties. Over the last 5 years, Houses in Adelaide have seen a 41.27% increase in median value, while Units have seen a 42.53% increase. As at 30 June 2026:
- The median value for Houses in Adelaide is $1,253,824 while the median value for Units is $612,302.
- Houses have a median rent of $670 while Units have a median rent of $620.
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