505/23 King William Street, Adelaide, SA 5000

Own a slice of Adelaide's vibrant CBD with this superbly located 3-bedroom apartment in a charming heritage building-offering impressive rental returns and remarkable flexibility.

Set in an elevated position above the hustle and bustle of King William Street this apartment lends itself to an array of options from the first homeowners looking for a place to call home to the savvy investor looking for a great returning property at a great price. This apartment offers:

• 3 well-proportioned bedrooms
• Open-plan living and dining
• Kitchenette with gas cooktop
• Ceiling fans in every bedroom + evaporative air-conditioning/heating

Enjoy unbeatable proximity to everything Adelaide has to offer-walk to the University of Adelaide, UniSA, Rundle Mall, cafés, restaurants, nightlife, and public transport (tram, train, and bus) all just steps away.

Currently leased at $600-$640 per week, this property delivers an outstanding gross yield of around 9%, with a net return of approx. 6.5%-making it a standout investment in today's market. With no locked-in management agreements or restrictions on use, this apartment is suited to investors, owner-occupiers, or those seeking an affordable city base.

Whether you're looking for a high-yield investment, a CBD base for your student children, or a future home, this is a rare find that ticks all the boxes.

Call to book your tour - Kelly 0468 640 085