211/185 Morphett St, Adelaide is a 1 bedroom, 1 bathroom Townhouse and was built in 2009. The property has a land size of 59m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Are you looking for that perfect investment without the hassle of managing the property, or wish to move into this prime city location, great for student accommodation, come and view The Gallery. Part of the original Balfours redevelopment this stylish one bedroom apartment with King size bed and built-In wardrobes, plus open plan living (including full kitchen and dishwasher) offers the option of an enclosed sunroom / balcony which extends the living options all year with Eastern views to the city. European laundry, plenty of storage and reverse cycle air conditioning. With secure access and hotel-reception in the downstairs lobby; the complex facilities include elevated pool (with glass walls and floor), spa and steam room.
No 185 Morphett Street (on the corner of Franklin Street) is wonderfully positioned between the Central Market and Chinatown, the Central Bus Station, the entertainment strip of Hindley Street and the cultural precinct of North Terrace. Managed (for the investor) by the Oaks Hotel chain, a set return on investment (regardless of occupancy) and with generous clauses; makes this a most worthy investment. For the owner occupier, the strata-management fee offers an attractive live-in option for hotel accommodation whilst accruing an asset. Pet Friendly
Council - City of Adelaide
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 18,507 properties. Over the last 5 years, Houses in Adelaide have seen a 44.25% increase in median value, while Units have seen a 37.95% increase. As at 31 December 2025:
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