Back 508/23 king william street
Active

508/23 king william street

Adelaide SA 5000

3
1
Apartment
Currently for sale - view listing

Overview

Character, Convenience & Great Returns in the Heart of the City

Originally constructed in 1936 and redeveloped in 2007, this appealing 3-bedroom apartment combines timeless character with the comforts of modern living. Offering a practical and low-maintenance lifestyle, the well-designed floorplan provides flexibility and functionality, making it ideal for owner-occupiers and investors alike. The open-plan living space creates a comfortable setting to unwind, or enjoy the convenience of city life. Ideally positioned in the heart of Adelaide, you'll enjoy easy access to an array of cafés, restaurants, shopping, entertainment, and public transport options. Key destinations including Uni SA, the Royal Adelaide Hospital, Adelaide Oval, Rundle Mall, and numerous city attractions are all within walking distance. Showcasing charming architectural features that pay tribute to Adelaide's history, the building offers a unique living experience rarely found in modern developments. Whether you're looking to secure your first property, add to your investment portfolio, or purchase a city base, this apartment represents exceptional value. With no restrictive management agreements and flexibility in how the property can be utilised, it provides greater freedom than many similar city offerings. Currently returning $620 per week, the property offers a solid income stream while retaining future flexibility for owner-occupiers or investors. Opportunities like this in such a sought-after location are not to be missed. For further information or to book a tour, contact Kelly on 0468 640 085.

Features

3 bedrooms
1 bathroom
Apartment

Property history for 508/23 king william street

2024
Rented
Undisclosed
Leased on 22 Aug 2024 by Harcourts Tagni
2022
Rented
Undisclosed
Leased on 18 May 2022 by Harcourts Tagni
2015
Sold
Undisclosed
03 May 2015 by Eric Jem, of Belle Property Adelaide City

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 30 reviews in Adelaide over the last 12 months.

Local market activity for 3 bedroom apartments in Adelaide

In the last 12 months, 67 three-bedroom apartments similar to 508/23 king william street, have been sold.

This represents a 25% increase in three-bedroom apartments sales when compared to the previous 12 months.

© 2026 RateMyAgent