Large 2 Bedroom Corner Apartment; A Set & Forget Investment

In the heart of the vibrant West End, this fully self-contained apartment, in one of the most convenient locations in the CBD, presents the ultimate lock-up and leave investment opportunity. Currently managed as a serviced, short-stay apartment, this large two-bedroom corner apartment, with dual balconies, boasts contemporary furnishings, tasteful decor, and quality fixtures and fittings. You'll find Adelaide's best shopping and dining options, like Rundle Mall and Gouger Street, and brilliant proximity to UniSA campus, the Adelaide Convention Centre, and the iconic Adelaide Oval. With the trams, trains, buses, and taxis on your doorstep, getting around this area is a breeze!

- Set & forget investment through Accor Hotel Group until 5 May 2031
- Large two-bedroom corner apartment with dual balconies
- Two good-sized bedrooms, both with built-in robes & balconies
- Spacious L-shaped layout, capturing beautiful natural light
- Well-equipped kitchen and dining area with electric cooktop
- Split system heating & cooling throughout
- Secure car parking within the building with secure intercom access
- Walking distance to all amenities; prime location in the heart of the CBD
- Adjacent to the UniSA West Campus

Other important information:

- Property to be sold with all furniture
- Apartment is in agreement with Accor Hotel Group until 5 May 2031
- Total revenue from serviced apartment $26,286.77 (approximately) ending FY24
- Revenue fluctuates depending on the occupancy rates of the building
- The previous 6 month period has been extremely busy and high-yielding for owners within the group

Other Information:
Title: Strata Title
Council: City of Adelaide
Zoning: City Main Street
Build: c1991
Internal: 64sqm
Council rates: $1,607.00 per annum
SA Water: $165.55 per quarter
Emergency Services Levy: $306.30 per annum
Strata Manager: Strata Data
Strata Rates: $1,920.07 per quarter

All information has been obtained from sources deemed to be accurate, however, it cannot be guaranteed and neither the agent, agency or vendor accepts any liability for errors, omissions or oversights. Any reference to rates/outgoings, school zoning, planning consent, land/building sizes, build year, and solar panels are all approximate. It is recommended any interested parties conduct their own due diligence. RLA325330.

Explore the area

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School catchments

Adelaide High School Secondary 7-12 Government 0.38km
St Mary's College Combined R-12 Catholic 0.50km
Sports College South Australia - Adelaide Comets Secondary Independent 0.75km
Temple Christian College Secondary 7-12 Independent 1.0km
University Senior College at Adelaide University - Gawler Place Campus Secondary Independent 1.1km
Sturt Street Community School Primary R-6 Government 1.1km
Specialised Assistance School For Youth (SASY) Secondary 8-12 Independent 1.2km
University Senior College at Adelaide University - Jordan Campus Secondary 10-12 Independent 1.3km
Adelaide International School Secondary Independent 1.3km
St Aloysius College Combined R-12 Catholic 1.3km
Muirden Senior College Secondary 11-12 Independent 1.5km
St George College - Junior Campus Combined Independent 1.6km
Adelaide Botanic High School Secondary 7-12 Government 1.7km
St Dominic's Priory College Combined R-12 Catholic 1.7km
Pulteney Grammar School Combined R-12 Independent 1.7km
Gilles Street Primary School Primary R-6 Government 1.8km
St George College - Senior Campus Combined R-12 Independent 1.8km
Christian Brothers College - Senior Campus Combined R-12 Catholic 1.8km
Christian Brothers College - Junior Campus Combined Catholic 2.1km
Annesley College Primary R-6 Independent 2.2km
North Adelaide Primary School Primary R-6 Government 2.2km
Prince Alfred College Combined R-12 Independent 2.5km
St Peter's College Combined R-12 Independent 2.7km
Richmond Primary School Primary R-6 Government 2.8km

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.

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