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122/255 Hindley Street, Adelaide$245,000
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For Saleapartment

122/255 Hindley Street

Adelaide, SA 5000, Australia
$240,000 – $250,000
1 bed 1 bath 1 car

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About this property

Positioned in the heart of Adelaide's energetic West End, this secure, light-filled, fully furnished studio apartment, under the management of the Accor Hotel Group until May 2031, delivers the ultimate opportunity for investors seeking a low maintenance, professionally managed asset in city location with the benefits of long term income potential already established. Crisp and functional, the apartment combines an all-electric kitchen, sparkling bathroom/laundry and relaxed living zone that flows naturally to balcony outlooks shared with the adjoining bedroom space. Secure garage parking adds another layer of value, though with Adelaide's best attractions at your fingertips, there's little need to drive anywhere. From Peel and Leigh Street's thriving bar scene to Gouger Street's renowned dining, the iconic Central Markets, universities and major business precincts, this address places the very best of city living within a brisk walk, zip on a scooter or pocket-change Uber ride. Features you'll love: - Secure fully furnished studio apartment with swipe card building access + managed reception - Light-filled interior with wide windows + door opening to a private balcony - Central modern contemporary kitchen featuring good bench space, ample cabinetry + all-electric appliances - Relaxed lounge with generous adjoining bed space + BIRs - Neat bathroom + laundry - Secure garage parking Location highlights: - Quietly set back from Hindley Street in this private complex - Footsteps from Adelaide University City West Campus + TAFE SA - Incredible dining options; from cafés or brunch spots to high-end dining + bars dotted along Hindley, Peel + Leigh Street - Easy reach to Chinatown, Gouger Street + Adelaide Central Markets - Close to Rundle Mall, North Terrace's major institutions, Adelaide Oval + excellent access to the city's Festival Season events Specifications: CT / 5061/218 Council / Adelaide Zoning / CMSHS Built / 1991 Total in Group / 147 Council Rates / $1,385.15pa (2025/2026) Emergency Services Levy / $263.75pa (2025/2026) SA Water / $176.30pq (2025/2026) Strata Manager / Strata Data Strata Rates - Admin / $1,130.86pq Strata Rates - Sinking / $240.63pq Estimated rental assessment / Written rental assessment can be provided upon request Nearby Schools / Sturt Street Community School, Gilles Street P.S, North Adelaide P.S, Goodwood P.S, Richmond P.S, Adelaide H.S, Adelaide Botanic H.S Disclaimer: 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 enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
1 month ago

Repayment calculator

$1,188/month
$594 /fortnight
Loan $196,000 at 6.10% over 30 years

Upfront costs

Deposit$49,000
Stamp duty$8,743
Conveyancing (est.)$2,000
Total upfront$59,743
Verify with SA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Adelaide

This 1-bedroom apartment in Adelaide, SA 5000 sits within reach of public transport, local shops and nearby schools. It is listed 60% below the $610,000 median of 64 comparable apartmentswithin 5 km.

Schools near Adelaide

  • Christian Brothers College - Junior Campuscombined
  • Christian Brothers College - Senior Campuscombined · R-12 · Boys
  • Pulteney Grammar Schoolcombined · R-12 · CoEd
  • St Aloysius Collegecombined · R-12 · Girls
  • St Mary's Collegecombined · R-12 · Girls
  • Gilles Street Primary Schoolprimary · U, R-6 · CoEd

What's nearby

  • Adelaide Railway Station 1 (train)513 m away
  • CoCo Fresh Tea & Juice871 m away
  • Light Square295 m away
  • Unnamed352 m away
  • Light Square403 m away

Adelaide at a glance

Full suburb profile
Population
18,202
Median age
31
Household income
$1,365/wk
Median rent
$400/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Adelaide price trend

Median sold · Unit 1 bed

Compound growth +9.4% / yr over 4 yrs

$459kcurrent median

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Price history

Listing price changes

2 price changes recorded for this property

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