514/61 Pirie St, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a floor size of 55m2.
LUXURIOUS MANTRA APARTMENT IN UNBEATABLE CENTRAL CITY LOCATION BETWEEN PIRIE STREET & RUNDLE MALL - INVESTORS NOTE! LONG TERM LEASE.
Inner city apartment living. Enjoy cosmopolitan caf?? living in the happening Pirie Street precinct close to gourmet restaurants, Rundle Streets casual eateries and shopping. The property is currently leased as a serviced apartment and enjoying a strong return ??? certainly a fantastic investment opportunity which capitalizes on its sought after inner city location. An open plan spacious layout, which makes the most of a compact space featuring spacious main suite with built in robe, open plan lounge/ dining room area with kitchenette & minibar. Other features include reverse cycle air conditioning. A great opportunity for investors to buy into apartment living in this outstanding central city locale with a long term lease back to the Mantra Hotel Group.
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 18,787 properties. Over the last 5 years, Houses in Adelaide have seen a 43.98% increase in median value, while Units have seen a 37.56% increase. As at 31 March 2026:
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