407/39 Grenfell StreetAdelaide SA 5000
Property Details for 407/39 Grenfell St, Adelaide
407/39 Grenfell St, Adelaide is a 2 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 75m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (March 2025)
Investor's Delight: A Neat Treasure in Adelaide's Heart
Introducing a neat and tidy apartment, smartly positioned in the bustling hub of Adelaide. Situated on Grenfell Street, this property is a perfect find for opportunistic investors with an attractive return of $500 per week along coming partly furnished!
Situated in the heart of the CBD you have instant access to all the lifestyle, living & amenities Adelaide has to offer from, Rundle Mall, Rundle Street, Hindmarsh Square along with all the public transport options from buses, trams and trains minutes from your doorstep.
Not only do you have quick access to these amazing amenities and options within minutes, you are positioned close to the amazing Adelaide University, University of SA & Adelaide High/Botanic High School.
The property boasts two bedrooms, a modern kitchen, bathroom and balcony.
In a nutshell, this neat and tidy two-bedroom apartment is an attractive proposition for investors seeking to expand their portfolio. Its location, modern amenities, and strong rental returns make it a rewarding property investment in the heart of Adelaide city or a possible future residence.
CT / Vol.5994 / Fol.723
Council / City of Adelaide
Council Rates / $1,541.80p.a.
Admin Levy / Sinking Fund $963.00p.q.
ESL / $168.65pa
Water & Sewer / $165.55pq
Strata Title
Lease End Date / 23/9/25
Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639
Property History for 407/39 Grenfell St, Adelaide, SA 5000
- 24 Mar 2025Sold for $460,000
- 22 Nov 2024Listed for Sale Under Contract by Edgar Team
- 24 Aug 2022Listed for Rent $430 / week
Recent sales nearby
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0About 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 18,816 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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