FOR SALE
$380,000 - $410,000

205/185 Morphett Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
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Smart Investment Opportunity: Modern 1-Bedroom Apartment in Adelaide's Thriving City Centre

The Phone Code for this property is: 98651. Please quote this number when phoning or texting.
IF YOU ARE ATTENDING THE OPEN.
PLEASE RING THE BELL FOR UNIT 205 AT THE INTERCOM TO BE LET IN.
Nestled in the dynamic heart of Adelaide, the apartment at 205/185 Morphett Street represents a prime investment opportunity that marries modern comfort with bustling city life. This contemporary one-bedroom apartment is perfectly suited for those who seek a stylish urban lifestyle or a lucrative addition to their investment portfolio.
Upon entering, you are greeted by an open-plan living space where natural light pours in through large windows, illuminating the sleek, modern interior. The kitchen is a model of urban efficiency, equipped with stainless steel appliances and smart storage solutions, seamlessly blending functionality with style. The spacious and inviting living area extends onto a private balcony, providing a serene escape where you can enjoy the city's energy from a peaceful vantage point.
This property stands out not only for its amenities but also as a strategic investment. Currently tenanted with a rental income of $500 per week-an impressive return-the lease is secured until March 23, 2025. This stable tenancy ensures immediate rental income, making it an exceptionally attractive option for investors.
Located in a secure building that offers a private balcony, in-house laundry, and proximity to Adelaide's eclectic dining and entertainment scene, the apartment promises convenience and a high-quality urban lifestyle. It's also just steps away from public transport, which facilitates easy access to the broader city.
• Split System Reverse Cycle Air Conditioning
• Neatly tucked-away kitchen with ample storage
• Fully tiled bathroom with large shower
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Property Details for 205/185 Morphett St, Adelaide

205/185 Morphett St, Adelaide is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 64m2. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..

Building Type
Apartment
Floor Size
64m2

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,932 properties.

    There are currently 178 properties listed for sale, and 78 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1044 properties were sold in the past 12 months in Adelaide.

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    For Sale By Owner (SA) (RLA251994)
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    For Sale By Owner Australia Pty. Ltd.
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