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1605/160 Grote Street, Adelaide$580,000
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1605/160 Grote Street

Adelaide, SA 5000, Australia
$580,000
2 bed 1 bath

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About this property

Positioned in the heart of Adelaide's vibrant CBD, this stylish 2-bedroom apartment presents an outstanding opportunity for homeowners and investors seeking modern city living with premium lifestyle amenities. Combining comfort, convenience, and security, this residence offers effortless low-maintenance living in one of Adelaide's most sought-after locations. Perfectly located within walking distance to Chinatown, Adelaide Central Market, public transport, cafes, restaurants, and bars, this apartment also enjoys close proximity to Adelaide's major universities, shopping precincts, and cultural attractions including Adelaide Oval and the Art Gallery of South Australia. Everything you need is right at your doorstep. Designed for contemporary living, the apartment features a light-filled layout, quality finishes, and access to exceptional resort-style facilities rarely found in CBD apartments. Features You'll Love: • Modern kitchen with AEG stainless steel appliances, stone benchtops, gas cooktop and dishwasher • Two well-proportioned bedrooms with plush carpeting, one featuring built-in robes • Stylish fully tiled bathroom with sleek frameless shower screen • Integrated laundry with washing machine and dryer • Private east-facing balcony capturing natural light and city outlook • Secure building access with intercom and FOB entry system Premium Resident Amenities: • Heated infinity pool • Fully equipped gymnasium • Private cinema room • Billiards room • Rooftop BBQ and entertaining area Whether you're looking for a city residence, a lock-and-leave lifestyle, or a high-quality investment in Adelaide's thriving CBD, this apartment delivers exceptional value and convenience in an unbeatable location. Specifications: Council: City of Adelaide Council Rates: $520.10 p/q approx. Strata Rates: $755.56 p/q approx. SA Water: $94.00 + Usage p/q approx. All the 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. RLA 309533

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Listed
2 months ago

Repayment calculator

$2,812/month
$1,406 /fortnight
Loan $464,000 at 6.10% over 30 years

Upfront costs

Deposit$116,000
Stamp duty$25,730
Conveyancing (est.)$2,000
Total upfront$143,730
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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 2-bedroom apartment in Adelaide, SA 5000 sits within reach of public transport, local shops and nearby schools. It is listed 27% below the $792,500 median of 61 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

  • Stop H1 Morphett Street - East side (bus)241 m away
  • CoCo Fresh Tea & Juice267 m away
  • Light Square372 m away
  • Whitmore Square466 m away
  • Unnamed485 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 2 bed

Compound growth +8.0% / yr over 4 yrs

$680kcurrent median

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