701/242 Flinders Street, Adelaide, SA 5000 sold on 02 March 2026 | OnTheHouse
SOLD
Sold on 02 Mar 2026 for $510,000

701/242 Flinders Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 76m2
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Property Details for 701/242 Flinders St, Adelaide

701/242 Flinders St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 76m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
60m2
Land Size
76m2
Local Government
Adelaide
Lot/Plan
F701/C28286

Last Listing description (March 2026)

SOLD BY MANNAS CHAN & JAYVIN TANG .

For more information about this sale and the process, please contact Mannas on 0451 858 389.

Positioned high above the city in the striking ART Apartments, 701/242 Flinders Street delivers contemporary apartment living with Adelaide's most vibrant lifestyle at its doorstep. Built in 2014, this architecturally designed residence captures the ease, energy, and convenience of the East End - ideal for professionals, students, downsizers, or astute investors alike.


Inside, open-plan living and dining unfold with a sense of light and space, extending effortlessly to a private south-facing balcony where city skylines and foothill glimpses create a dynamic urban backdrop. It's a space designed for morning coffee with a view, evening breezes, and the simple pleasure of fresh air above it all.

The kitchen is sleek and practical, featuring quality appliances, generous storage, and a streamlined layout that supports everyday living with ease. Whether entertaining friends or keeping life low-key, the space is effortlessly functional.

Accommodation is thoughtfully designed for flexibility. The spacious main bedroom enjoys built-in robes, custom shelving, and direct access to the stylish bathroom, while the second bedroom offers versatility as a guest room, home office, or study. A discreet separate laundry, linen storage, and split-system air conditioning throughout enhance day-to-day comfort.

Secure lift access, intercom entry, and the modern ART complex setting complete a lifestyle defined by low maintenance and high convenience.

Moments from Hutt Street's cafs, wine bars, and restaurants, and within easy reach of Rundle Mall, universities, public transport, and Adelaide's cultural calendar, this is city living that moves with you - vibrant when you want it, effortless when you don't.

Features

Positioned within the architecturally designed ART Apartments (built 2014)
Elevated Level 7 apartment with city skyline & foothill outlooks
2-bedroom layout offering flexibility for living, guests, or home office
Main bedroom with BIR, custom shelving, & direct access to main bathroom
Versatile second bedroom
Light-filled open-plan living & meals flowing to private south-facing balcony
Contemporary kitchen with oven, cooktop, dishwasher, & generous storage
Sleek main bathroom plus discreet separate laundry
Split-system AC to living area & both bedrooms
Linen storage for added practicality
Secure intercom entry with lift access
NBN connectivity
Low-maintenance, lock-&-leave city lifestyle opportunity

Lifestyle

Set in the heart of Adelaide's vibrant East End
Steps from Hutt Street's cafs, wine bars & dining destinations
Moments to Rundle Mall, Victoria Square & the Adelaide Central Market
Close to the city's universities, TAFE & medical precincts
Easy access to public transport for seamless city commuting
Surrounded by Adelaide's cultural, festival & events calendar
Zoned for Gilles Street Primary School, Adelaide High School & Adelaide Botanic High School
Near leading private schools including Pulteney Grammar, St Mary's College, SAC & CBC
A lifestyle defined by walkability, convenience & urban energy

Rates

Council $1566PA
SA Water $176PQ
Strata Fee $980PQ
City of Adelaide
Strata Title

Disclaimer at noakesnickolas.com.au/privacy-policy | RLA 315571

Property History for 701/242 Flinders St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$510,000
02 Mar 2026
Listed for Rent
$520/w
26 Jul 2023
  • 02 Mar 2026
    Sold for $510,000
  • 14 Jan 2026
    Listed for Sale $510K
  • 29 Jun 2023
    Listed for Rent $520 / week
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About 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 18,783 properties. Over the last 5 years, Houses in Adelaide have seen a 44.76% increase in median value, while Units have seen a 34.32% increase. As at 28 February 2026:

  • The median value for Houses in Adelaide is $1,195,229 while the median value for Units is $566,972.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 142 properties listed for sale, and 95 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1257 properties were sold in the past 12 months in Adelaide.

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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.