307/185 Morphett StreetAdelaide SA 5000
Property Details for 307/185 Morphett St, Adelaide
307/185 Morphett St, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 59m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (July 2022)
Located in the heart of the West End City Precinct this spacious one bedroom apartment offers an exciting cosmopolitan lifestyle or an excellent no maintenance investment opportunity.
Choose to move straight in and enjoy all the advantages of no maintenance living in this fantastic location or reap the rewards of the viable rental returns on offer through a choice of reputable short term and long term management companies.
Currently tenanted through the Oaks Hotels and Resorts for a guaranteed return of $1,313.18 per month after management and cleaning fees.
The location is fantastic with everything the city has on offer right at your doorstep. A huge choice of first class dining and is only a few minutes' walk away along Gouger Street plus an abundance of gourmet shopping at the Central Markets. Further attractions nearby include the River Torrens Precinct, Adelaide Oval, Convention Centre, Adelaide Casino and the new Medical Precinct just to name a few.
The apartment offers one generous bedroom with built in robes and a frosted glass windows to allow in natural light. The generous bathroom features floor to ceiling tiles and quality fixtures and fittings with a modern finishes.
The large light filled living and dining flows through to the full width balcony which converts to an all-weather sun room with toughened Bi-fold glass windows. A perfect space for entertaining guests or just enjoying the appealing aspect. The kitchen is well equipped with solid bench tops and stainless steel appliances.
Further features of this very appealing apartment include reverse cycle a/c, European style laundry and excellent security with a restricted card access system, intercom and 24 hour reception located in the ground floor reception.
Located on the 6th floor in the adjacent Altitude building, all residents are welcome to the use of the indoor heated lap pool, spa, sauna and steam room. All these exciting benefits are maintained through the community rates.
This is excellent value for money in such a prime city location. Don't miss out on this exciting opportunity!
PROPERTY INFORMATION:
Council: Adelaide City Council
CT: 6035/942
Council Rates: $1,520.00 per annum
Water Rates: $150.00 per quarter (approx.)
Community Rates:
Admin Fund: $760.00 per quarter (approx.)
Sinking Fund: $124.00 per quarter (approx.)
ESL: $355.00 per annum (approx.)
Property History for 307/185 Morphett St, Adelaide, SA 5000
- 04 Jul 2022Sold for $240,000
- 13 Jul 2021Listed for Sale UNDER OFFER - CONTACT TOBY SHIPWAY
- 26 Oct 2017Sold for $235,000
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 18,817 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:
- The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
- Houses have a median rent of $670 while Units have a median rent of $620.
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