604/82 King William StreetAdelaide SA 5000
Property Details for 604/82 King William St, Adelaide
604/82 King William St, Adelaide is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 41m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (April 2018)
**Investors Only**
Located in the heart of Adelaide's CBD with an abundance of restaurants, cafes, shopping and entertainment at your doorstep, this entry level apartment is priced to sell.
Street facing apartment, within landmark history rich building, with high ceilings overlooking picturesque CBD Adelaide scenery.
its a secure bricks and mortar asset returning strong cash flow.
Lease Details:
Current Rent : $357 per week ($18,610 per annum)
Rent Return: 9.7% Gross / 5.88% Net
Lease Terms: Lease to 31/10/23 plus 2 x 5 year options
Rent Review: Next market review November 2023
Rent Increases: 4% increases annually as follows:
2018 + 4% = $19,354 / 10.18% Gross Return
2019 + 4% = $20,128 / 10.59% Gross Return
2020 + 4% = $20,933 / 11% Gross Return
2021 + 4% = $21,770 / 11.45% Gross Return
2022 + 4% = $22,641 / 11.91% Gross Return
Approximate Owner Outgoings:
Council Rates & Emergency Service Levy: $1471 p/a approx
Water Rates: $706 p/a approx
Body Corporate Admin & Sinking fund levies: $5264 p/a approx
**Please note - due to high occupancy photos were taken of an identical apartment on the fifth floor**
Property History for 604/82 King William St, Adelaide, SA 5000
- 15 May 2018Sold for $190,000
- 21 Feb 2018Listed for Sale Not Disclosed
- 27 Jul 2000Sold for $154,000
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 18,718 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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