12/255 Hindley Street

Adelaide SA 5000

55 m²

Apartment

Currently for sale - view listing

Overview

Hassle-Free CBD Investment in Adelaide's Vibrant West End

*Lot 12/255 Hindley Street Adelaide is also known as Room No.118 (on Level 1). Please note: This apartment is currently under a 10-year management agreement with Accor Hotel Group until May 2031. Inspections are subject to room availability. Please contact agent for a walkthrough video and relevant documents. Positioned in the heart of Adelaide's vibrant West End, this fully furnished two bedroom apartment presents an outstanding lock-up-and-leave investment opportunity. Operated as a short-stay serviced apartment under the management of Accor Hotels, it provides consistent income while being surrounded by some of the city's best dining, shopping, and entertainment options. Conveniently located just moments from Rundle Mall, the Gouger Street dining precinct, UniSA, the Adelaide Convention Centre, and Adelaide Oval, the property also enjoys excellent access to public transport including trams, trains, buses, and taxis. Property Features: - North-facing apartment - First-floor position with direct access to the communal garden - Fully furnished studio layout - Split-system air conditioning - Functional kitchen and bathroom with appliances and whitegoods included - Secure designated car park - Lift access within the building - Swipe card security entry - Walking distance to Adelaide's key CBD amenities Investment Highlights: - Sold fully furnished - Secure management agreement with Accor Hotels until May 2031 - Total income for FY2024/2025 approximately $20,862.05 - Revenue may fluctuate depending on building occupancy rates This is a rare opportunity to secure a hassle-free CBD investment in a prime location, with a globally recognised hospitality operator already in place. Specifications: CT / 5064/362 Council / City of Adelaide Built / 1991 Council Rates / $1,453.70 p.a approx. Strata Rates / $1,695.66 p.q approx. Strata Manager / Strata Data *All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.

Features

2 bedrooms

1 bathroom

1 carspace

1 carport space

55 m² floor area

Apartment

Happy sellers in Adelaide

93%

93% of sellers in Adelaide reported that their sale price either exceeded or met their price expectations.

Adelaide stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom apartments in Adelaide

In the last 12 months, 282 two-bedroom apartments similar to 12/255 Hindley Street, have been sold.

This represents a 12% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

at DG Real Estate