Adelaide CBD has dozens of apartments on the market right now. Most need work, most need furniture, most need a tenant found. This one needs none of that.
603/88 Frome Street is already doing the job an investment property is supposed to do - generating rental income from day one, fully furnished, with a quality tenant locked in until April 2027. You buy it, your accountant smiles, and you move on with your day.
What makes this one different
It's dual key. Two separate bedrooms, each with its own bathroom, balcony with double-glazed doors, and built-in wardrobe. That flexibility is rare in the CBD and is part of why this apartment has rented consistently - currently at $700/week.
What you're buying
- 2 bedrooms, 2 bathrooms, 1 secure car space
- Fully furnished - every item stays
- Currently tenanted on a strong weekly rent
- Lease in place until April 2027
- Level 6 being the top floor, east-side of the CBD
- Walk to Rundle Mall, East End, Botanic Gardens, Adelaide Uni, Botanic High, parklands
Why this one stands out
- Zero furniture spend
- Zero vacancy gap
- Zero re-letting cost
- Zero tenant-finding fees
- Immediate, uninterrupted income
Who this suits
Investors looking to add a turnkey CBD apartment to their portfolio. SMSF buyers. Interstate or expat buyers who want Adelaide exposure without the management headache. Parents buying ahead - your uni-bound kid can move in mid-2027 with the unit fully kitted out.
Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.
Magain Real Estate | RLA 222182
