Property Details for 30/88 Frome St, Adelaide
30/88 Frome St, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000.
Last Listing description (April 2016)
The ideal city location, corner of Frome and Grenfell Streets. With a secure long term lease in place to Mantra Apartments providing a gross income of $16,574 [approx.], Immaculately presented is this self-contained studio apartment provides a modern lifestyle to enjoy. A pleasantly designed 1 bedroom and separate living space, separate bathroom, and kitchenette alcove. This is a fully furnished apartment, with modern and neutral decor, complete with quality fixtures and fittings.
Take the hassle out of finding tenants and leave the worry to Mantra, this is the low risk, buy and forget investment with a great return. Reap future rewards with this superb city location, minutes to Adelaide University, Rundle Street Cafes and Shopping precinct.
Why invest in Mantra on Frome?
- Apartment comes fully furnished;
- No-maintenance concerns or tenant selection headaches that are standard fare with the average residential property.
With a 'Trip Advisor' rating of 4 out of 5, you can buy with confidence knowing that this Hotel is well received by the public. Whether you are looking for your first investment or addition to your portfolio, this could be ideal for you. Call to view a brilliant investment right in the heart of Adelaide!
Property History for 30/88 Frome St, Adelaide, SA 5000
- 17 Mar 2016Listed for Sale $185,000 - $195,000
Recent sales nearby
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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 18,740 properties. Over the last 5 years, Houses in Adelaide have seen a 44.76% increase in median value, while Units have seen a 34.32% increase. As at 28 February 2026:
- The median value for Houses in Adelaide is $1,195,229 while the median value for Units is $566,972.
- Houses have a median rent of $650 while Units have a median rent of $620.
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