514/185 Morphett StreetAdelaide SA 5000
Property Details for 514/185 Morphett St, Adelaide
514/185 Morphett St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 85m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (May 2024)
Live in or invest.
Located in the vibrant West End City Precinct, this spacious 2 bedroom apartment offers an exciting cosmopolitan lifestyle or an excellent no maintenance investment opportunity.
Choose to take advantage of the fuss free returns through the Oaks Hotels and Resorts, lease the apartment out privately, manage it yourself through Airbnb or Stayz or enjoy an exciting urban lifestyle in a fantastic city location. Currently managed by the Oaks with a guaranteed rental return of $1,772.42 per month after management and cleaning fees.
The location is perfect with everything the city has on offer right at your doorstep. A huge choice of first class dining and is only a few minutes' walk away along Gouger Street and an abundance of gourmet shopping at the Central Markets. Further attractions nearby include the River Torrens Precinct, Adelaide Oval, Convention Centre, Adelaide Casino and the new Medical Precinct just to name a few.
Inside the apartment offers 2 generous bedrooms both with built in robes. The main bedroom with a ceiling fan and study nook and bedroom 2 with a view over Morphett Street. The generous bathroom features floor to ceiling tiles and quality fixtures and fittings with a modern finish.
The large light filled living and dining flows through to the full width balcony which converts to an all-weather sun room with toughened Bi-fold glass windows and great east facing view over Morphett Street. A perfect space for entertaining guests or just enjoying the east facing views over Morphett Street and north views of Light Square. The kitchen is well equipped with solid bench tops and stainless steel appliances and gas cooktop.
A rare and important attribute is the internal and secure car park with direct access via the swipe card system from you the car park straight to your floor.
Further features of this very appealing apartment include reverse cycle a/c, European style laundry and excellent security with a restricted card access system, intercom and 24 hour reception located in the ground floor reception.
Located on the 6th floor in the adjacent Altitude building, all residents are welcome to the use of the indoor heated lap pool, spa, sauna and steam room. All've these exciting benefits are maintained through the community rates.
This is excellent value for money in such a prime city location. Don't miss out on this exciting opportunity!
Property Information:
Certificate of Title: Volume 6035 Folio 995
Council: City of Adelaide
Zoning - Capital City Zone
Year Built: 2009
Community Fees
Admin Fund: $1,315.00 per quarter (approx.)
Sinking Fund: $203.00 per quarter (approx.)
Council Rates: $1,915.00 per annum (approx.)
Water Rates: $258.89 per quarter (approx.)
Emergency Services Levy: $438.45 per annum (approx.)
Property History for 514/185 Morphett St, Adelaide, SA 5000
- 29 Apr 2021Sold for $365,000
- 03 Oct 2019Listed for Sale $390,000 - $410,000
- 30 Apr 2009Sold for $499,900
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 18,715 properties. Over the last 5 years, Houses in Adelaide have seen a 49.03% increase in median value, while Units have seen a 34.05% increase. As at 31 January 2026:
- The median value for Houses in Adelaide is $1,207,276 while the median value for Units is $568,990.
- Houses have a median rent of $650 while Units have a median rent of $620.
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