701/185 Morphett Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

701/185 Morphett Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 81m2
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Property Details for 701/185 Morphett St, Adelaide

701/185 Morphett St, Adelaide is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2009. The property has a land size of 81m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Townhouse
Year Built
2009
Floor Size
63m2
Land Size
81m2
Local Government
Adelaide
Lot/Plan
F701/C25362

Last Listing description (May 2022)

Contact Agent

Amazing opportunity to purchase this top floor apartment which is in a great central convenient location in Adelaide and boasts an ambiance and grandeur comparable to penthouse living.

The layout has two good sized bedrooms, an open plan kitchen / dining / living area and sliding door which leads onto a private all weather outdoor balcony with aluminium bi fold windows facing west. Also includes a secure underground car park and access to the facilities which include pool, spa, sauna & steam room.

This property is suitable for owner occupiers who want convenient lifestyle living with all the included facilities or the perfect addition to your investment portfolio now or in the future. With the option to keep the apartment leased through iStay with all the current furniture, or have it rented out through the normal rental market. Whatever you choose to do, this spacious penthouse-style apartment is arguably one of the best on offer, priced to sell and will be a great long term investment.

Located in "The Gallery" and prestigious iStay Group, this apartment offers the unique opportunity to invest in a quality recognised apartment group with fully serviced amenities. iStay Precinct offers stylish accommodation that is perfectly positioned providing an attractive accommodation option for short and long term visitors thus enhancing your investments ability to return.

The many features include:
- Generous bedrooms both with built-in robes
- Spacious modern bathroom
- Kitchen with 900mm stainless steel appliances including dishwasher
- Stone bench tops
- Floor boards to the kitchen / dining / living area
- Ducted reverse cycle heating & cooling throughout
- Downlights throughout
- European laundry
- Large balcony with views
- Access to facilities including swimming pool, spa, sauna & steam room
- Intercom system for visiting guests
- Secure undercover parking

Situated right in the heart of the CBD within close walking distance to all amenities, zoned to highly sought after Adelaide schools, Gouger Street restaurants, cafes and eateries, all public transport readily available and easily accessible you will just love the convenience!

Be quick to action as this opportunity won't last long! To register your interest, for more information, to schedule an inspection or to be kept updated on the Best Offer By sale campaign, please contact Xavier anytime by email or phone directly on 0422 001 529.

CT / 6036 / 25
Council / Adelaide
Year built / 2009
Rental Appraisal / $470 - $490 per week approx.
Council Rates / $457.00 p.q. approx.
SA Water / $221.43 p.q. approx.
Strata / $1,487.00 p.q. approx.
ESL / $122.99 p.a. approx.
iStay lease back gross income / $1,971.67 per month

Speak to TURNER Property Management about managing this property
#expectmore

*COVID Information for Attending an Open Inspection:
Turner Real Estate is limiting the number of people attending opens at any one time. We ask that you remember to bring a mask to all open inspections and check in at the door with our QR code.
At times, there may be more people at the property than we can allow through at once. Please be patient with us as we work within the Government regulations and make sure there is a COVID safe environment for all attendees. We know this may take more time than a normal open and will allow for that. Where there is a longer time slot for viewing, consider coming later in the timeslot we will be there for the full duration of the advertised open time.

Property History for 701/185 Morphett St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$387,500
23 May 2022
  • 23 May 2022
    Sold for $387,500
  • 16 Feb 2022
    Listed for Sale Contact Agent
  • 05 Apr 2014
    Listed for Sale $615,000 - $625,000
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the 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 18,817 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:

  • The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 175 properties listed for sale, and 85 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1262 properties were sold in the past 12 months in Adelaide.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.