309/61 Hindmarsh Sq, Adelaide is a 2 bedroom, 1 bathroom Townhouse and was built in 2003. The property has a land size of 62m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Townhouse sold in Adelaide in the last 12 months.
**This is an investment opportunity only. This property cannot be lived in**
An amazing investment opportunity, in a superb location with an enviable return on investment. Hassle-free investing with this fully serviced & furnished apartment, offering short stay, business, leisure & holiday accommodation right in the middle of Adelaide's CBD.
With an assessable income for 2023/2024 of $26,160.79 and fin-year to date averaging just under $2,300 per month, this investment is hassle-free but with some handy perks!!
**Owners are entitled to 14 days of free accommodation per financial year.
*Speak with your conveyancer about stamp duty exemption.
**The use of the room is free but you are required to pay the cleaning charge upon leaving, there are also notice periods and excluded days.
Financial Status of the Community Title as of 22/4/25
The fund currently stands to the credit of:
Administrative Fund $170,264.01CR
Sinking Fund $563,052.35CR (for future projects)
Why to buy:
- East End/Hindmarsh Square location
- 24-hour reception, room service and concierge
- Gymnasium located on the fifth floor
- In-house cafe, restaurant and bar entertainment facilities
- European influenced building
- Close by to restaurants and boutiques
- Great owner benefits
- Well sized private balcony
- Fully furnished
If you are interested in inspecting this apartment, please contact Josh at Turner Real Estate.
Council / City of Adelaide
Council Rates / $2,325.80 p.a.
Water & Sewer / $165.55 p.q.
Admin Levy / $875 p.q.
Sinking Fund / $227 p.q.
Refurbishment levy / calculated as 3.5% of the assessable income
#expectmore
RLA 62639
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 18,722 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:
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