89/255 Hindley StreetAdelaide SA 5000
Property Details for 89/255 Hindley St, Adelaide
89/255 Hindley St, Adelaide is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1991. The property has a land size of 35m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Townhouse sold in Adelaide in the last 12 months.
Last Listing description (April 2026)
*Lot 89/255 Hindley Street Adelaide is also known as Room No.144 (on Level 1).
Please note: This apartment is under a 10-year management agreement with Accor Hotel Group until May 2031. Inspections are subject to room availability. Contact the agent for a walkthrough video and relevant documents.
Positioned in the heart of Adelaide's vibrant West End, this fully furnished studio apartment presents a superb lock-up-and-leave investment opportunity. Managed as a short-stay serviced apartment under Accor Hotels, it delivers consistent income while offering easy access to the city's best dining, shopping, and entertainment.
Just moments from Rundle Mall, Gouger Street dining precinct, UniSA, Adelaide Convention Centre, and Adelaide Oval, residents and guests enjoy seamless access to public transport including trams, trains, buses, and taxis.
Property Features:
- First-floor apartment with direct access to the communal garden
- Fully furnished studio
- Split system air conditioning
- Functional kitchen and bathroom with appliances and whitegoods
- Secure designated carpark
- Elevator access
- Swipe card entry
- Walking distance to world-class amenities
Investment Highlights:
- Sold fully furnished
- Under management agreement with Accor Hotels until May 2031
- Total income for FY24/25 approximately $16,566.92
- Revenue fluctuates depending on building occupancy rates
This is a rare opportunity to acquire a hassle-free investment in a prime CBD location with a reputable hospitality operator in place.
Specifications:
CT / 5061/195
Council / City of Adelaide
Built / 1991
Council Rates / $1,345.10 p.a approx.
Strata Rates / $1,346.55 p.q approx.
Strata Manager / Strata Data
*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.
Property History for 89/255 Hindley St, Adelaide, SA 5000
- 24 Apr 2026Sold for $261,500
- 21 Nov 2025Listed for Sale UNDER CONTRACT
- 25 May 2006Sold for $100,000
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 18,817 properties. Over the last 5 years, Houses in Adelaide have seen a 43.98% increase in median value, while Units have seen a 37.56% increase. As at 31 March 2026:
- The median value for Houses in Adelaide is $1,210,028 while the median value for Units is $585,713.
- Houses have a median rent of $670 while Units have a median rent of $620.
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