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602/235-237 Pirie Street, AdelaideUNDER CONTRACT
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For Saleapartment

602/235-237 Pirie Street

Adelaide, SA 5000, Australia
UNDER CONTRACT
2 bed 1 bath58 m²

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About this property

Currently tenanted at $510/week until March 2027 This north-facing apartment presents an outstanding investment opportunity with immediate returns and long-term appeal. Positioned as a corner apartment on an upper level, it captures sweeping views across the city skyline and toward the Adelaide Hills, while enjoying abundant natural light and enhanced privacy. Set in the heart of Adelaide's vibrant East End, it delivers a low-maintenance living environment ideally suited to investors, students, and professionals alike. The layout is well considered, featuring two generous bedrooms, each complete with built-in robes, study desks, and direct access to private balconies. A central bathroom services the home, while a separate laundry with an additional toilet and basin adds everyday practicality. What we love: - Private balconies from both bedrooms, showcasing panoramic city and hillside views - Ducted reverse-cycle air conditioning throughout - Dedicated laundry with second toilet and basin - Wired internet access in both bedrooms - Secure fob entry with lift access Set within Adelaide's ever-popular East End, this address places you within immediate reach of the city's most dynamic lifestyle offerings. From the retail precinct of Rundle Mall to the vibrant dining and café scene along Rundle Street and Grenfell Street, everything is just moments away. The nearby Adelaide Central Market offers an abundance of fresh produce and specialty goods, while the surrounding Parklands provide a peaceful green escape. With universities, cultural institutions, and public transport all within easy walking distance, the location continues to attract strong and consistent demand. Combining a prime city position, functional design, and secure tenancy, this is a compelling opportunity to secure a high-performing asset in one of Adelaide's most tightly held precincts. Specifications: CT / 6060/427 Council / City of Adelaide Built / 2010 Council Rates / $1,519.40 p.a. approx. Strata / $2,230.20 p.q. approx. Water / $176.30 p.q. approx. (Supply + Sewer) Strata Manager / Adelaide Strata & Community Management *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 inquiries and obtain their own legal advice.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Land Area
58 m²
Listed
3 months ago

Repayment calculator

$3,820/month
$1,910 /fortnight
Loan $630,400 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$157,600
Stamp duty$37,170
Conveyancing (est.)$2,000
Total upfront$196,770
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 2-bedroom apartment in Adelaide, SA 5000 sits within reach of public transport, local shops and nearby schools.

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 T1 Victoria Square - South West side (bus)949 m away
  • The Persian Carpet Gallery1.0 km away
  • Unnamed256 m away
  • Unnamed600 m away
  • Goodman Lawns622 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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