302/21-39 Bentham Street, Adelaide, SA 5000 | Apartment for sale | OnTheHouse
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FOR SALE
$320k - $350k

302/21-39 Bentham Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Annual rent income of $26,173!

If you're looking for a hands-off investment with guaranteed income and zero hassle, this property might be exactly what you need. With a solid annual return of $26,173, this is a smart investment that's easy to maintain.
Situated on the 3rd floor of the historic Franklin Apartments building in the lively heart of Adelaide's CBD, this fully-furnished, two-bedroom apartment is an affordable entry point for investors.
This flexible property is primed to enhance your portfolio. Secure this fantastic opportunity in one of Adelaide's most desirable locations, with Central Market, Rundle Mall, the Riverbank precinct, and more just a short stroll away.
What we love:
- Fully furnished and professionally managed
- Operates under a lease-back/rent-back arrangement
- Lift access
- No property management fees
- Guaranteed annual rental income (if leased back), offering a reliable -Investment/superannuation option with reviews every two years and likely CPI increases
- Low annual fees
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Property Details for 302/21-39 Bentham St, Adelaide

302/21-39 Bentham St, Adelaide is a 2 bedroom, 1 bathroom Apartment. The place is currently for sale with Ouwens Casserly Real Estate - Adelaide/Henley Beach.

Building Type
Apartment

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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 18,048 properties. Over the last 5 years, Houses in Adelaide have seen a 46.92% increase in median value, while Units have seen a 29.06% increase. As at 28 February 2025:

  • The median value for Houses in Adelaide is $1,114,098 while the median value for Units is $526,197.
  • Houses have a median rent of $630 while Units have a median rent of $600.
There are currently 140 properties listed for sale, and 99 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1025 properties were sold in the past 12 months in Adelaide.

Adelaide Profile Page

What's around 302/21-39 Bentham St, Adelaide

Nearby Schools
Comparable Properties
Eynesbury College
0.04km
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SecondaryNon-GovernmentCombined Enrolled
Eynesbury Senior College
0.09km
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SecondaryNon-Government10 - 12Combined134 Enrolled
Youthinc. Enterprise Academy
0.51km
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SpecialNon-GovernmentCombined Enrolled
St Aloysius College
0.52km
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CombinedNon-GovernmentP - 12Combined1273 Enrolled
Specialised Assistance School For Youth (SASY)
0.53km
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SecondaryNon-Government8 - 12Combined106 Enrolled
University Senior College at Adelaide University - Gawler Place Campus
0.67km
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SecondaryNon-GovernmentCombined Enrolled
Muirden Senior College
0.74km
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SecondaryNon-Government11 - 12Combined86 Enrolled
Adelaide International School
0.75km
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SecondaryNon-GovernmentCombined Enrolled
St Mary's College
0.81km
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CombinedNon-GovernmentP - 12Combined798 Enrolled
Pulteney Grammar School
0.99km
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CombinedNon-GovernmentP - 12Combined862 Enrolled

Suburb Insights for Adelaide 5000

Visit Adelaide profile page
Market Insights
Adelaide Trends for Houses
Median Value

$1.11M

5.57%
View Trend
Median Growth

6.93%

View Trend
Median Rent

$630/W

9.09%
View Trend
Rental Yield

3.34%

3.47%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (04/24 - 02/25)
Adelaide Trends for Units
Median Value

$526k

7.32%
View Trend
Median Growth

12.29%

View Trend
Median Rent

$600/W

9.09%
View Trend
Rental Yield

6.00%

3.07%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (04/24 - 02/25)
Neighbourhood Insights
Age

Population 15,129

0-9

 

4%

10-19

 

8%

20-29

 

40%

30-39

 

17%

40-49

 

9%

50-59

 

9%

60-69

 

8%

70-79

 

4%

80-89

 

2%

Household Structure
Occupancy
Visit Adelaide profile page
Contact agent
Will Fitridge
Show contact details
Ouwens Casserly Real Estate - Adelaide/Henley Beach
Preferred contact:
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.
South Australia data
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Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
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Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.

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