206/10 Balfours Way, Adelaide, SA 5000
- 2
- 1
For Sale
Contact Agent
Prime Investment Opportunity in Adelaide CBD - High-Yield Potential
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
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L32377383
- Property Type:House
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Sharon Burton
Mortgage Broker
Provided By
We Know Your Area
R&H Suburb Profile: Adelaide
R&H Suburb Summary | Houses |
---|---|
Number of sales | 114 |
Average Price | $1,028,601 |
Median Price | $900,000 |
Median Rental Price | $620 p.w. |
Change in Rental Rate (5yr) | 36 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 739 |
Average Price | $564,391 |
Median Price | $478,000 |
Median Rental Price | $580 p.w. |
Change in Rental Rate (5yr) | 32 % |
Median Trend - $900,000
Recently Listed
Recently Sold