Sold

707/23 King William Street,
Adelaide 5000, South Australia

2 bedrooms
1 bathroom
Apartment

$260,000


Property details

Investors Dream in the Heart of the CBD

This unit, located right in the heart of Adelaide's CBD, is truly a unique discovery. Nestled within a charming heritage-listed building at 23 King William Rd, this property offers a valuable piece of real estate in one of the world's top three most livable cities. With an impressive rental income, currently at $450 per week, this opportunity is simply too good to pass up.

This apartment boasts spacious communal areas, including game rooms and a shared laundry facility, making it an ideal choice for students, Airbnb hosts, long-term renters, or owner-occupiers seeking a prime city location. Rundle Mall and Hindley Street, famous for shopping, dining, bars, and entertainment, are conveniently just across the street. If you have a penchant for culture, the Adelaide Museum and the Art Gallery of SA are just a stone's throw away. Additionally, Adelaide University and the City Library are within easy reach. Don't forget that the Adelaide Casino, Entertainment Centre, and Adelaide Oval are all within walking distance.

Additional features include:
• Located on the 7th floor in the heart of Adelaide's CBD
• Building equipped with three elevators and a total of 70 apartments
• Currently rented at $450 per week until January 2024
• Enjoy common areas, a games room, and laundry facilities
• Close proximity to shops, restaurants, the casino, bars, Adelaide University, museums, and Adelaide Oval

Property Details:
Council | CITY OF ADELAIDE
Zone | CC - Capital City
Built |1936
Strata Rates | $1,276.61 p.q
Council Rates | $1,155.30 p.a
Water | $153.70 p.q
ESL | $177.60 p.q

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Explore the area


School catchments

  • St Aloysius College Combined R-12 Catholic 0.78km
  • St Mary's College Combined R-12 Catholic 1.1km
  • Christian Brothers College - Senior Campus Combined R-12 Catholic 1.1km
  • Christian Brothers College - Junior Campus Combined Catholic 1.4km
  • Gilles Street Primary School Primary R-6 Government 1.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top