507/55 Hindmarsh SquareAdelaide SA 5000
Property Details for 507/55 Hindmarsh Sq, Adelaide
507/55 Hindmarsh Sq, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 97m2 and floor size of 56m2.
Last Listing description (May 2016)
An incredible investment opportunity exists in this modern and stylish two bedroom fully furnished apartment situated on the 5th floor of the 4.5 star Mantra Hotel in Hindmarsh Square, ideally located in the Adelaide city centre close to all the necessities, whether travelling for business or leisure.
The beautifully presented apartment faces east and soaks up the panoramic views across Hindmarsh Square to the Adelaide Hills. Both bedrooms offer built-in robes; 1 with a queen sized bed and the other a single bed, and the bathroom with shower and basin is situated conveniently in between the bedrooms. The open plan living room with dining, study desk and fully equipped kitchenette with hotplates, microwave, dishwasher and fridge, lead out to the balcony which takes in the scenic views.
The room also has reverse cycle air conditioning.
- reverse cycle air conditioning
- 24 hour reception
- 24 hour room service
- concierge
- gymnasium
- laundry facilities
- restaurant, cafe and bar
An excellent return and long term investment opportunity is available within a pooled community title investment scheme.
Administration Fund: $679 per quarter
Please phone for further details and inspection times.
Property History for 507/55 Hindmarsh Sq, Adelaide, SA 5000
- 12 Jan 2016Listed for Sale $315,000 - $330,000
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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 18,504 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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