202/23 King William StreetAdelaide SA 5000
Property Details for 202/23 King William St, Adelaide
202/23 King William St, Adelaide is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1936. The property has a land size of 54m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (May 2024)
Set in the heart of the beautiful Adelaide CBD this 3-bedroom apartment could be the next jewel in your portfolio crown. Overlooking the hustle and bustle of King William Street and within easy walking distance to Rundle Mall, Adelaide Ovel, UniSA and all the best the city has to offer you may just decide to move in and make it your new stylish city pad.
Located in a secure building with swipe card access, 3 elevators, communal laundry and large common areas (did I mention the fantastic location)
All 3 bedrooms have built in robe recesses, and large opening windows allowing good natural light and air flow. The ceiling fans throughout the apartment and the addition of a wall heater and air-con unit combined with the solid stone exterior and tinted windows will provide year-round comfort for all.
With great rental returns (currently $530pw but potential for $600-$650pw) this one could pay for itself in no time. Unlike similar buildings in the CBD there are no locked in management agreements or restrictions, so you are free to live in or rent out to whomever you choose, whether self-managing or going through a real-estate company.
Inspections are by appointment only so call me today and book in your tour. Kelly 0468 640 085
Property History for 202/23 King William St, Adelaide, SA 5000
- 16 May 2024Sold for $330,000
- 03 Apr 2024Listed for Sale $289,000 - $309,000
- 10 Apr 2019Listed for Rent - Price not available
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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 18,718 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.
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