20 Russell StreetAdelaide SA 5000
Property Details for 20 Russell St, Adelaide
20 Russell St, Adelaide is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1982. The property has a land size of 259m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (June 2021)
SOLD PRIOR TO AUCTION
City Realty is pleased to offer you the rare opportunity to get your hands on a large Torrens Title property right on the doorstep of the Central Markets and vibrant Gouger Street precinct.
Having been held within the one family for decades, it is now time for a new lease on life in the form of a new owner occupier, renovation project, redevelopment project (STCC) or combination of all of the above.
Currently tenanted ($500pw until September 2021), this solid brick home is sound and well loved, with amply living space in the form of separate lounge and dining areas and a full sized original kitchen.
A suburban like backyard greets you as you work your way down the central corridor, removing you momentarily from the occasional Hussle and Bustle of CBD life. Kids and Pets have room to move and outdoor entertaining opportunities exist for those looking to make improvements to the already existing structure.
For those looking to renovate this sits as a brilliant opportunity for a raft of cosmetic upgrades, with a sound floorplan already in place and kitchen, bathroom, paint and carpeting opportunities there to create what would essentially be a new home.
Zoned City Main Street (Subzone: City High Street), significant opportunity exists for a larger new build with a Max Height of 22m or 6 levels being allowed under 'The Code' as per the Plan SA website (refer to The Code for more information).
Key things you'll love about this property:
* Flexible use, be it hold today and renovate/ redevelop tomorrow
* Perfect size for a family or those with plenty of visitors
* Private and secure rear yard for pets, kids and other outdoor activities
* Large traditional sized bedrooms
* Separate lounge room that (also currently used as a fourth bedroom)
* Kitchen with gas cooker and ample cupboard space
* Bathroom with separate bath and shower
* Good size laundry
* Reverse cycle air conditioning
* Carport for two cars
* City Main Street Zone (City High Street Subzone)
* Max Height: 22m; Max Floors: 6; Min Floors: 3.
With the Central Markets and Gouger Street precincts the obvious drawcard, and premium restaurants and cafs such as Mimi and Donburi House only a stones throw away, this opportunity is certainly not one to miss!
CT: 5468/714
Land Size: 264m2
Frontage: 9.15m
Depth: 28.85m
Council Rates: $444 pq (approx.)
SA Water: $181 pq (approx.)
ESL: $250 pa (approx.)
Disclaimer:
This advert contains information and imagery which is believed to be accurate based on City Realty sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.cityrealty.com.au | RLA 262 481
Property History for 20 Russell St, Adelaide, SA 5000
- 22 Jul 2021Sold for $1,025,000
- 01 Jun 2021Listed for Sale Sold Prior To Auction
- 28 Jul 2017Listed for Rent $495 / week
Recent sales nearby
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0About 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 18,818 properties. Over the last 5 years, Houses in Adelaide have seen a 43.98% increase in median value, while Units have seen a 37.56% increase. As at 31 March 2026:
- The median value for Houses in Adelaide is $1,210,028 while the median value for Units is $585,713.
- Houses have a median rent of $670 while Units have a median rent of $620.
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