413/36 Franklin Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

413/36 Franklin Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
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Property Details for 413/36 Franklin St, Adelaide

413/36 Franklin St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a floor size of 69m2.

Building Type
Unit
Year Built
2003
Floor Size
69m2
Local Government
Adelaide

Last Listing description (July 2015)

For a limited time we have 2 investment apartments on offer, perfect for your self managed super fund or investment portfolio. These modern inner-city serviced apartments are well appointed and maintained, and provide owners with a low-fuss 'set and forget' investment.
Included in the sale is the long-term leaseback to the Franklin Central Apartments, a favorite among the travelling community.
Tenanted until the end of 2019, with options for further terms, the income generated is excellent and is paid calendar monthly and rents are reviewed yearly.

Apartment numbers, net rental income and asking prices:
208: $12,795p.a. for only $206,372 and
413: $18,688p.a. for only $301,413.
One minute from the Cafes, public transport, restaurants, shopping and nightlife of Victoria Square, Gouger Street and King William Street, and just a short stroll to the Central Markets, Her Majesty s Theatre, Light Square, and only 400m from Rundle Mall, these apartments boast an impeccable central position.
Apartment 413 has two well-presented bedrooms both with built in robes, a stylish bathroom, fully contained kitchen, laundry facilities and a car park allocation. Apartment 208 also has these inclusions, but has one bedroom without a car park.
Features:
- Fully furnished kitchen with oven/stove, dishwasher and microwave
- Reverse cycle air conditioning/heating
- Full kitchen
- Laundry with washer, dryer iron and ironing board
- Hair dryer, alarm clock, HD LCD TV
- Dry cleaning service
- Broadband access
This is your chance to secure enviable investment properties in the heart of the Adelaide CBD. Inspection is by appointment only, so contact Jonathon Toop on 0407100331 or email sales@erealestate.com.au for more information.
RLA 247900

Property History for 413/36 Franklin St, Adelaide, SA 5000

A timeline of how this property has performed in the market
  • 15 May 2014
    Listed for Sale $206,372 and $301,413
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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 18,496 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.
There are currently 130 properties listed for sale, and 100 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1250 properties were sold in the past 12 months in Adelaide.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.