FOR SALE
$240k - $260k

211/21-39 Bentham Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 64m2
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Easy investing in the heart of the CBD

If you're searching far and wide for an investment you can set and forget with a guaranteed income and not a finger to lift, this place could be the answer as this savvy property provides a guaranteed $18,600 annual return on your investment.
Located in the bustling heart of Adelaide's CBD, on the 2nd floor of the historical Franklin Apartments building; a fully-furnished two-bedroom pad being an affordable step into the marketplace for an investor.
This versatile apartment is ready to become a valuable addition to your investment portfolio. Don't miss out on this opportunity to secure a prime property in one of Adelaide's most sought-after locations within walking distance of the Central Market, Rundle Mall, Riverbank precinct and more. The search is over.
Features we love...
- Fully furnished and managed
- Property operates as a lease back/ rent back
- Lift access
- No property management fees
- Guaranteed yearly rental return (if leased back) makes it a sound investment/superannuation strategy, with a review of the return every two years with a likely CPI increase
- Competitively low strata fees
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Property Details for 211/21-39 Bentham St, Adelaide

211/21-39 Bentham St, Adelaide is a 2 bedroom, 1 bathroom Unit. The property has a floor size of 64m2. The place is currently for sale with Ouwens Casserly Real Estate - Adelaide/Henley Beach.

Building Type
Unit
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 18,024 properties. Over the last 5 years, Houses in Adelaide have seen a 54.85% increase in median value, while Units have seen a 28.95% increase. As at 31 December 2024:

  • The median value for Houses in Adelaide is $1,134,486 while the median value for Units is $535,077.
  • Houses have a median rent of $620 while Units have a median rent of $590.
There are currently 155 properties listed for sale, and 86 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1022 properties were sold in the past 12 months in Adelaide.

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Wilson Bock
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Alistair Loudon
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Ouwens Casserly Real Estate - Adelaide/Henley Beach
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