503/242 Flinders StreetAdelaide SA 5000
Property Details for 503/242 Flinders St, Adelaide
503/242 Flinders St, Adelaide is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.
Last Listing description (October 2025)
SOLD BY MANNAS CHAN & JAYVIN TANG .
For more information about this sale and the process, please contact Mannas on 0451 858 389 OR JAYVIN 0401 499 492.
Perfectly positioned in the vibrant east end of Adelaide's CBD, this beautifully presented apartment offers the best of modern city living with a spacious layout, full-width balcony, and the rare bonus of a separate study or second bedroom. Set within a secure, modern complex, great for privacy, this stunning low-maintenance apartment is perfect for professionals, students, or investors seeking a convenient lifestyle in the heart of the city.
Step inside to find a light-filled open plan living and dining space, complete with sleek floor to ceiling cabinetry and a streamlined kitchen featuring stainless steel appliances and ample storage. Sliding glass doors open out to a generous balcony with expansive views perfect for your morning coffee or evening unwind.
The spacious main bedroom is tucked away at the rear of the apartment, while the second bedroom/study offers flexibility for working from home or accommodating guests. The central bathroom is modern and well-appointed, with a cleverly integrated laundry zone designed for everyday ease.
Move in ready and low maintenance, this stunning apartment places you within walking distance to Rundle Street dining, Rundle Mall shopping, universities, parklands, and public transport.
Features
• Open plan kitchen, living and dining opening to full width balcony
• Main bedroom with built in robe and two way bathroom access
• Versatile second bedroom or study with split system air conditioning
• CCTV & Alarms
• Stylish kitchen with indiction cooktop, dishwasher and ample storage
• European style laundry and modern bathroom
• Split System air conditioning
Lifestyle
• Only 600m to Rundle Street's cafés, dining and nightlife
• 1km to University of Adelaide and close to UniSA and colleges
• Easy access to Botanic Gardens, Rymill Park and city attractions
• Walk to Rundle Mall, the tram, Festival Theatre and museums
• Secure and peaceful location in the city's sought-after East End
• Near quality schools; Adelaide High School & Christian Brothers College
Rates
• Council $1541.60PA
• SA Water $176.30PQ
• ES Levy $101.85PA
• City of Adelaide
• Strata Title
Disclaimer at noakesnickolas.com.au/privacy-policy/ | RLA 315571
Property History for 503/242 Flinders St, Adelaide, SA 5000
- 05 Dec 2025Sold for $488,500
- 20 Oct 2025Sold for $488,500
- 24 Sep 2025Listed for Sale $4885K
Recent sales nearby
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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 18,493 properties. Over the last 5 years, Houses in Adelaide have seen a 42.19% increase in median value, while Units have seen a 34.49% increase. As at 30 November 2025:
- The median value for Houses in Adelaide is $1,174,343 while the median value for Units is $580,952.
- Houses have a median rent of $650 while Units have a median rent of $610.
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