605A/82 King William StreetAdelaide SA 5000
Property Details for 605a/82 King William St, Adelaide
605a/82 King William St, Adelaide is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1890. The property has a land size of 77m2 and floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in September 2008.
Last Listing description (July 2015)
Please call Gianna to arrange an inspection.
Located in the heart of the CBD in the landmark 'Quest' group on the corner of King William and Grenfell Street. This will be a perfect acquisition for your property portfolio offering excellent returns.
Currently leased until October 2023 in 5 year terms (right of renewal) to 'Quest on King William' serviced apartment group with a guaranteed rental income in place. Offering a healthy increase of 4% each year until 2023. Each rental increase occurs in November and is currently guaranteed at $700 per week (gross annual rental of approx $36,400).
The location speaks for itself, walking distance to everything! Steps from Rundle Mall, tram and bus at you door, train station nearby. A short stroll to the Casino, Adelaide Oval, Restaurants, Bars, Art Museum, Adelaide Universities, Cinemas, Adelaide Zoo, Botanical Gardens and so much more.
Current outgoings:
Strata: $8612 pa (approx)
Council: $1571 pa (approx)
Emergency Services Levy: $404 pa (approx)
SA Water: $868 pa (approx)
Property investing does not get much better than this. Hassel free and guaranteed. No property managers or tenants to deal with, no risk, just money in the bank.
Great depreciation schedule available upon request.
Call Gianna Mezzino today to inspect anytime.
Property History for 605a/82 King William St, Adelaide, SA 5000
- 24 Sep 2014Listed for Sale $380K
- 26 Sep 2008Sold for $260,000
- 26 Jul 2008Listed for Sale Not Disclosed
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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