206/10 Balfours Way, Adelaide, SA 5000

Sold

Sold for $425,000 on Jan 21, 2025

Prime Investment Opportunity in Adelaide CBD - High-Yield Potential

Positioned in the thriving heart of Adelaide CBD, this property presents a compelling opportunity for investors seeking solid returns and long-term growth. With a strategic location and low-maintenance design, this apartment is perfectly suited to capitalize on the strong demand for urban living.

The property features two well-sized bedrooms, including a master with a built-in robe, both with good sized window making it highly attractive to professionals, students, and couples. Its open-plan living and dining area, paired with a modern kitchen equipped with quality appliances, ensures broad tenant appeal.

The enclosed balcony, accessible via sliding glass doors, offers additional versatile space, ideal for relaxation or entertainment. Complementing the layout is a sleek bathroom with premium fittings and a separate laundry area, enhancing functionality for residents.

Tenants will appreciate the lifestyle-focused amenities, including a pool, spa, and rooftop garden, adding to the property's rental appeal and market competitiveness.

Key Investment Highlights

Two Bedrooms: Highly marketable layout with built-in robes

Contemporary Features: Open-plan living, modern kitchen, and enclosed balcony

Strong Location: Proximity to key Adelaide landmarks and transport options

Low Maintenance: Suited for hassle-free property management

Proximity to Demand Drivers

Adelaide Central Market: 5-minute drive

University of South Australia City West Campus: 7-minute walk

University of Adelaide: 7-minute drive

Art Gallery of South Australia: 7-minute drive

Financial Overview

Council Rates: $1,884.10 per annum

Water Sewerage: $165.55 per quarter

Water Supply: $78.60 per quarter

Strata Fees: $1,136.00 per quarter

Emergency Services Levy: $360.85 per annum

Rental Appeal

Located in the sought-after Adelaide High School Zone

Attractive amenities for tenants: pool, spa, and rooftop garden

This property offers an excellent balance of immediate rental income potential and long-term capital growth. With Adelaide's CBD continuing to grow as a business and education hub, this is an ideal addition to any investment portfolio.

Don't miss out on this high-potential opportunity-contact us today to learn more.

Vincent Law

Sales Agent

Kimberly Yew

Sales Agent

Got a property to sell? Contact us for a free Request Appraisal

Property Info:

Property ID: L32377383
Property Type:House

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