801/23 King William StreetAdelaide SA 5000
Property Details for 801/23 King William St, Adelaide
801/23 King William St, Adelaide is a 5 bedroom, 2 bathroom House and was built in 1936. The property has a land size of 40m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (December 2022)
Rare Opportunity for Investors
Why buy One when you can buy Two?
Situated in the beautiful heritage listed building at 23 King William Rd, this location offers you a piece of prime real estate in the top 3 liveable cities in the world with a phenomenal rental return of $840 p/w*, do the sums - you can't pass this up.
Large common areas, games rooms and communal laundry compliment these apartments making them perfect for students, Airbnb, long term rentals or an owner occupier looking for a prime city location.
Rundle Mall and Hindley Street are the go to destination for shopping, restaurants, bars and clubs and they are literally across the road. Culture is more of your thing? The Adelaide Museum and Art Gallery of SA are just around the corner. Adelaide Uni and the City Library are also with in a stones throw. Don't forget the Adelaide Casino, Entertainment Centre and Adelaide Oval all within walking distance.
About this property:
Rental return of 8.5 - 9% Gross
801 : 2 Bedroom 46*sqm $360p/w (tenanted)
802 : 3 Bedroom 58*sqm $480p/w (tenanted
In the Heart of Adelaide CBD 8th Floor
3 Lifts, 70 Apartments
Strata Title
Common areas, Games room, Laundry
Close to Shops, Restaurants, Casino, Bars, Adelaide Uni, Museums, Adelaide Oval
These two apartments will not last long so submit you offers to add what could be one of the best additions to your portfolio.
RLA 261317
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.
Property History for 801/23 King William St, Adelaide, SA 5000
- 19 Aug 2022Sold for $227,500
- 30 May 2022Listed for Sale Price on Application
- 26 Oct 2018Listed for Rent - Price not available
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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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