24/45 King William Road, North Adelaide, SA 5006 | Property Value & History | OnTheHouse
OFF MARKET

24/45 King William Road
North Adelaide SA 5006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 14m2
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Last updated 19 Jan 2026
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Property Details for 24/45 King William Rd, North Adelaide

24/45 King William Rd, North Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 14m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in January 2010.

Building Type
Unit
Year Built
1930
Floor Size
67m2
Land Size
14m2
Local Government
Adelaide
Lot/Plan
U24/S4184

Last Listing description (January 2026)

Securely leased until October 2032

Team 888 is proud to present this exceptional unit to the market. For all enquiries, please contact Caleb on 0419 815 895 or Vincent on 0431 099 188.

Set within the iconic Greenways complex, this apartment is leased back to Greenways Serviced Apartments under a 5 + 5 year lease, with the initial five year term commencing in 2022.

The property currently returns $368.36 per week, with CPI increases applicable, offering investors a low-stress, high certainty income stream. Unlike a typical residential investment, this opportunity delivers nil vacancy, with income secured 52 weeks of the year, and no management fees, no letting fees, and no basic maintenance costs.
The apartment features one generously sized bedroom plus a separate sleep out room, both filled with natural light. The spacious kitchen offers ample storage, while the impressive bathroom is finished with floor to ceiling tiles, a semi frameless shower screen, and a freestanding vanity. Neutral dcor and split system air conditioning ensure year round comfort.
The apartment also includes a sought after and value adding allocated off street carpark.
This property is ideal for superannuation buyers, first time cashed up investors seeking a low touch, low stress investment, or as a smart addition to an existing portfolio.
Located in North Adelaide, youll enjoy not only secure long term income but also peace of mind, knowing your investment is well looked after in a tightly held CBD fringe location with strong capital growth potential.

Private inspection by appointments only.

Council Rates $407 P/Q
Strata Fees $1045 P/Q
SA Water $177 P/Q

RLA 188874

Property History for 24/45 King William Rd, North Adelaide, SA 5006

A timeline of how this property has performed in the market
Last Sold
$225,000
27 Jan 2010
  • 29 Dec 2025
    Listed for Sale $455k
  • 27 Jan 2010
    Sold for $225,000
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About North Adelaide 5006

The size of North Adelaide is approximately 5.1 square kilometres. It has 40 parks covering nearly 57.8% of total area. The population of North Adelaide in 2016 was 6950 people. By 2021 the population was 6823 showing a population decline of 1.8% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation.In 2021, 50.60% of the homes in North Adelaide were owner-occupied compared with 48.80% in 2016.

North Adelaide has 4,883 properties. Over the last 5 years, Houses in North Adelaide have seen a 57.47% increase in median value, while Units have seen a 74.19% increase. As at 31 December 2025:

  • The median value for Houses in North Adelaide is $1,631,467 while the median value for Units is $831,729.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 16 properties listed for rent in North adelaide on OnTheHouse. According to Cotality's data, 336 properties were sold in the past 12 months in North adelaide.

Suburb Insights for North Adelaide 5006

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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.