Property Details for 1-13 Sixth St, Bowden
1-13 Sixth St, Bowden is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (January 2024)
Bowden's Best Standalone Investment
Under instructions from KPMG acting as Receivers and Managers, Colliers is delighted to offer for sale 1-13 Sixth Street, Bowden.
A 6-level building comprising 31 apartment units across ground and 5 upper levels, with basement car parking for 32 vehicles, all contained within a single certificate of title providing genuine opportunity for value add.
Bowden is a vibrant inner-city precinct situated just 2.5km* from the Adelaide CBD which benefits from easy access to public transport infrastructure including tram, train and bus networks. As part of the major Urban Renewal project, the location is highly appealing to residents and students given its easy connectivity to the Adelaide CBD and inner metropolitan suburbs.
The key details are:
31 Apartments on one Certificate of Title
Gross building area of 5,354sqm*
High occupancy track record
Estimated fully leased net annual income of $550,000*
Only 2.5km* from Adelaide CBD
100% freehold Interest
Exceptional opportunity to create further value
Potential depreciation benefits
*approx.
For Sale by National Expressions of Interest, closing 12pm (ACDT) Thursday 23 November 2023.
For further information, please contact the Colliers Team.
Property History for 1-13 Sixth St, Bowden, SA 5007
- 24 Oct 2023Listed for Sale Please contact agent
- 28 Feb 2020Listed for Rent $540 per week
- 20 Feb 2016Listed for Sale $410,000 - $420,000
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About Bowden 5007
The size of Bowden is approximately 0.4 square kilometres. It has 3 parks covering nearly 3.4% of total area. The population of Bowden in 2016 was 911 people. By 2021 the population was 1808 showing a population growth of 98.5% in the area during that time. The predominant age group in Bowden is 20-29 years. Households in Bowden are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bowden work in a professional occupation.In 2021, 39.50% of the homes in Bowden were owner-occupied compared with 30.50% in 2016.
Bowden has 1,634 properties. Over the last 5 years, Houses in Bowden have seen a 83.04% increase in median value, while Units have seen a 66.48% increase. As at 30 November 2025:
- The median value for Houses in Bowden is $1,011,568 while the median value for Units is $675,697.
- Houses have a median rent of $780 while Units have a median rent of $640.
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