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802/242 Flinders Street

Adelaide SA 5000

2
1
Apartment
Currently for sale - view listing

Overview

Elevated City Living with Panoramic Views from the Hills to the Coast

Positioned high on the eighth floor and capturing sweeping views stretching from the eastern foothills to the coastline, this spacious city residence presents an outstanding opportunity for investors, professionals or those seeking an effortless Adelaide lifestyle in the heart of the CBD. Currently leased on a periodic tenancy at $520 per week, with the rent increasing to $530 per week in late June, and the tenant expressing interest in remaining on a fixed lease, the property offers immediate rental income and flexibility moving forward. Filled with natural light thanks to its desirable northern orientation, the master bedroom features a built-in robe and enjoys a bright and airy aspect. The accommodation is serviced by a large central bathroom complete with a glass shower, vanity and WC, while a concealed European-style laundry is conveniently tucked away in the hallway. The generous kitchen overlooks an open plan living and meals area, flowing seamlessly onto a sizeable balcony the perfect space to unwind while taking in the elevated outlook across Adelaide and beyond. Additional features include a linen closet, functional floor plan and low-maintenance inner-city living. Whilst the property is currently in solid condition, a fresh coat of paint could further enhance its appeal. Perfectly positioned within walking distance to Hutt Street, the East End, Rundle Street and the beautiful eastern parklands, the location offers easy access to Adelaide's finest cafes, restaurants, shopping and lifestyle amenities. Victoria Park and the Adelaide CBD's premier entertainment and dining precincts are all only moments away. Features include: Eighth-floor position with panoramic views Two spacious bedrooms Master bedroom with built-in robe, ensuite access and northern natural light Large bathroom with frameless shower Concealed European-style laundry Open plan kitchen, living and meals area Generous balcony for entertaining or relaxing Linen storage Periodic tenancy returning $520 per week Rent increasing to $530 per week in late June Tenant interested in remaining Prime city location near Hutt Street, Rundle Street and the East End Whether you are seeking a quality city investment, a future owner-occupier opportunity or an enviable low-maintenance lifestyle in Adelaide's vibrant East End, this impressive eighth-floor residence delivers location, outlook and flexibility in equal measure. Year Built / 2014 Council / City of Adelaide Council Rates / $1,542.80 p.a. Body Corp. Admin & Sinking Levy / $955 p.q. Speak to TURNER Property Management about managing this property #expectmore RLA 62639

Features

2 bedrooms
1 bathroom
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, 281 two-bedroom apartments similar to 802/242 Flinders Street, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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