Property

203/23 King William Street, Adelaide SA 5000

Overview

Property ID

1P18655

Type

Unit

Price

UNDER CONTRACT

Status

Contract

For Sale

Inspections

Bedrooms

3

Bathrooms

1

Car Spaces

0

Features

Property Features

Description

Exceptional Opportunity in Adelaide's Thriving CBD

PRICE STATEMENT : $325,000

Positioned in the heart of Adelaide’s vibrant CBD, this three-bedroom apartment presents an exceptional investment opportunity with strong rental potential. Offering flexibility for owner-occupiers or investors, it’s a rare find in a sought-after location.

Unlike many city apartments, this building is not operated under a management agreement—allowing you to rent it privately, live in it, or even list it on Airbnb for added income potential.

Spanning 54sqm (approx.), the layout makes the most of its footprint, with an open-plan living and dining area bathed in natural light. The functional kitchen features essential appliances and ample storage, catering to both residents and tenants. Three well-proportioned bedrooms provide comfortable accommodation, two with large windows offering glimpses of the bustling cityscape. The central bathroom is designed for efficiency, with modern fixtures to suit everyday needs.

The location is unbeatable—step outside to find the free city tram right at your doorstep, connecting you effortlessly to major destinations. Walk to UniSA, Adelaide Uni, and Flinders University’s city campus, or take a short stroll to Rundle Mall, Adelaide Oval, the Festival Theatre, Adelaide Casino, and the Botanic Gardens.

For investors, the high demand for inner-city accommodation ensures ongoing rental income with potential for growth. Whether you’re adding to your portfolio or seeking an affordable entry into the market, this apartment offers location, lifestyle, and long-term value.

Current Lease Agreements;

Room 1: Vacant
Room 2: $200/week, fixed term until 13/06/2025
Room 3: Vacant

Don’t miss out—secure this prime CBD opportunity today!

Disclaimer: The accuracy of this information cannot be guaranteed, and all interested parties should seek independent advice. (RLA 281342, 270735)

Agents

James Packham
Managing Director/Sales Partner/Auctioneer
Mobile 0448 960 644
Office (08) 8377 2636
Declan Robertson
Sales Partner
Mobile 0448 960 644
Office (08) 8377 2636

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