402/22 Ifould StreetAdelaide SA 5000
Property Details for 402/22 Ifould St, Adelaide
402/22 Ifould St, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 49m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (November 2022)
Phone Enquiry ID: 221968
402/22 Ifould Street, Adelaide SA 5000
Affordable 1 Bedroom Apartment in secure and modern building.
402 is searching for it's next owner! Nest or Invest!
This apartment could represent a great opportunity to get your foot in the door for your first home or investment. Located minutes from Rundle Street, and only a short walk to parks, schools, and all the facilities that city living offers. An exciting lifestyle awaits with a sought-after Central-Eastern location, just a short walk from the cafes and restaurants on Hutt Street.
This is an excellent opportunity to invest in a quiet, but convenient CBD location. Settle in as the owner and enjoy a low-maintenance city lifestyle or take advantage of the location and enjoy the benefits as an investment property - the choice is yours!
Features Include
- 1 Bedroom with BIR
- 44sqm+ approx.
- Modern kitchen area
- Reverse cycle air conditioner
- Balcony with sitting room
- Away from street noise, on level 4
- Secured with key card access to the building
- Intercom for guest entry
- Modern apartment building
This is a smaller building compared with some of the larger developments, and is well managed by a responsive Strata. The building is located away from Hutt Street, on a quiet side street.
Currently tenanted on a 45-day rolling lease, $350 per week.
On the investment side it ticks a lot of boxes with simple management and high rental returns with either long or short-term leases (think Airbnb, Booking.com & Stayz).
Don't get caught with high strata fees when you buy a city apartment! This apartment is an affordable $391 per quarter, compared with similar apartments on North Terrace for sale now with fees at $2,882 per quarter.
Certificate of Title: Volume 6071 Folio 568
Council: City of Adelaide
Year Built: 2010
Car Park: None
Strata: $391* (per quarter, including sinking fund)
Council Rates: $1,171* (per year)
Water Supply + Sewer: $146* (per quarter)
*Accurate as of last billing period
***Images are for illustrative purposes only and do not necessarily match the exact details of this apartment. All inquiries will be provided with detailed imagery of the apartment at the time of last rental inspection.
Property History for 402/22 Ifould St, Adelaide, SA 5000
- 28 Nov 2022Sold for $293,950
- 31 May 2022Listed for Sale $280,000 to $295,000
- 16 Feb 2016Listed for Rent - Price not available
Recent sales nearby
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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 18,503 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:
- The median value for Houses in Adelaide is $1,194,887 while the median value for Units is $586,935.
- Houses have a median rent of $630 while Units have a median rent of $615.
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