SOLD BY TOBY SHIPWAY - 0413 600 919

High-Yield Investment or Low-Maintenance City Living

Ideally located in the heart of Adelaide's vibrant West End, these fully furnished studio apartments present an exceptional opportunity for investors and owner-occupiers alike.

Currently managed by UniLodge, generating a strong rental return via the high-occupancy pool scheme, delivering a generous yield of over 7.5% after management and operating expenses. For those looking to move in, owner-occupiers can take possession with just three months' written notice at the middle or end of the semester.

Surrounded by Adelaide's best amenities, these apartments offer unbeatable convenience. The University of South Australia, Adelaide University, TAFE, and the Adelaide Health and Medical Sciences precinct are all within walking distance. The Riverbank Precinct, home to Adelaide Oval, the Convention Centre, Festival Theatre, and Adelaide Casino, is just a short stroll away, along with the dining and shopping hotspots of Gouger Street, Adelaide Central Market, and Rundle Mall. Public transport options, including buses, trams, and trains, are easily accessible.

Designed for comfort and functionality, each apartment features an open-plan living and dining space with high ceilings, a well-equipped kitchenette with a cooktop, microwave, and fridge, and a modern bathroom. A built-in study desk and shelving provide a practical workspace, while a private east-facing balcony offers city views. Reverse cycle air conditioning ensures year-round comfort, and a wall-mounted TV adds to the convenience.

Residents enjoy access to excellent building amenities, including 24-hour smart card security, lift access, a communal lounge and games area, a well-appointed kitchen, and a laundry room. Study lounges, a library, a gymnasium, and an outdoor BBQ area further enhance the lifestyle appeal.

These apartments are perfect for investors seeking strong rental returns, parents looking for safe and convenient student accommodation, or owner-occupiers wanting a low-maintenance city lifestyle.For more information or to arrange an inspection, contact Toby Shipway on 0413 600 919.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, but we cannot guarantee its accuracy. Interested parties should conduct their own due diligence and seek independent legal advice.

Explore the area

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School catchments

Adelaide High School Secondary 7-12 Government 0.17km
St Mary's College Combined R-12 Catholic 0.23km
Sports College South Australia - Adelaide Comets Secondary Independent 0.50km
Sturt Street Community School Primary R-6 Government 0.88km
Temple Christian College Secondary 7-12 Independent 0.93km
University Senior College at Adelaide University - Gawler Place Campus Secondary Independent 1.3km
St Aloysius College Combined R-12 Catholic 1.4km
Specialised Assistance School For Youth (SASY) Secondary 8-12 Independent 1.4km
Muirden Senior College Secondary 11-12 Independent 1.4km
Adelaide International School Secondary Independent 1.5km
St George College - Junior Campus Combined Independent 1.5km
University Senior College at Adelaide University - Jordan Campus Secondary 10-12 Independent 1.5km
Pulteney Grammar School Combined R-12 Independent 1.7km
St George College - Senior Campus Combined R-12 Independent 1.7km
Gilles Street Primary School Primary R-6 Government 1.7km
Christian Brothers College - Senior Campus Combined R-12 Catholic 1.9km
Adelaide Botanic High School Secondary 7-12 Government 1.9km
St Dominic's Priory College Combined R-12 Catholic 2.0km
Annesley College Primary R-6 Independent 2.0km
Christian Brothers College - Junior Campus Combined Catholic 2.2km
Richmond Primary School Primary R-6 Government 2.5km
North Adelaide Primary School Primary R-6 Government 2.5km
Prince Alfred College Combined R-12 Independent 2.7km
Cowandilla 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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