Lot 21/55 Hindmarsh SquareAdelaide, SA 5000

Bobbie Kang Harcourts Adelaide City RLA302284

1 / 10

Sold by private treaty 20 Mar 2024

SOLD - $235,000

Lot 21/55 Hindmarsh Square, Adelaide SA 5000

1 Bed1 Bath− Parking

Apartment / Unit / Flat

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Property Features

Built in wardrobes
Dishwasher
Balcony / Deck

Property Description

High yield and hassle free investment opportunity

This well presented one bedroom apartment is located in the Mantra Hindmarsh Square in the centre of the CBD. Mantra Hindmarsh Square is an intended 4.5 star Hotel with serviced apartments. High yield income generating investment with a net return of approx. $1200 per month.
Owners are entitled to an annual 14 nights free accommodation, which is perfect for out of town or overseas investors. This

Domain Says

in Adelaide have recently been sold.

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Neighbourhood Insights

A little bit about who lives locally, as provided by government census data

Age	%
under 20	5%
20 - 39	67%
40 - 59	17%
60+	10%

Owner: 34%

Renter: 66%

Family: 30%

Single: 70%

Insights for 1 bedroom units in Adelaide

Market performance

Median price:

$388k

Auction clearance:

Sold this year:

118

Avg days on market:

212

*Based on 1 bedroom Units in Adelaide

Demographics

Population:

15,120

Occupancy:

Owner: 34%

Renter: 66%

Average age:

20 to 39

Household:

Family: 23%

Single: 77%

*Based on general data in Adelaide

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Bobbie Kang

Harcourts Adelaide City RLA302284

Bobbie Kang

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Lot 21/55 Hindmarsh Square, Adelaide SA 5000

Property Features

Property Description

High yield and hassle free investment opportunity

Domain Says

School Catchment Zones for 55 Hindmarsh Square

Government School Catchment

Adelaide Botanic High School

Gilles Street Primary School

Adelaide High School

Neighbourhood Insights

A little bit about who lives locally, as provided by government census data

Insights for 1 bedroom units in Adelaide

Market performance

Median price:

Auction clearance:

Sold this year:

Avg days on market:

Demographics

Population:

Occupancy:

Average age:

Household:

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Bobbie Kang

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