SoldJun 16, 2025

602/23 King William Street, Adelaide, SA, 5000

$365,000

3
1
52 m²
51 m²

Apartment

13 days on the market

Sold: Jun 16, 2025

What's around 602/23 King William Street

Stunning apartment in the heart of the City

Located in the lively heart of Adelaide, this partially furnished three-bedroom apartment in the ever-popular King William Street precinct blends modern comfort, convenience, and inner-city style. Recently refreshed with a coat of paint and updated bathroom finishes, the apartment offers a move-in-ready lifestyle ideal for both owner-occupiers and investors alike. Just a short stroll from the world-renowned Adelaide Oval, moments from bustling retail hubs, and surrounded by a network of public transport options, this location promises unbeatable connectivity. Inside, the apartment boasts a smart layout with generous communal areas, while thoughtful touches such as bike storage and a communal laundry enhance everyday practicality. On-site managed reception services provide added security and a welcoming touch, creating a sense of ease and professionalism for residents. Whether you're looking to expand your investment portfolio or secure a personal city haven, this apartment caters to those seeking the ultimate urban lifestyle within Adelaide's vibrant CBD. Feature highlights: -Three-bedroom apartment with modern updates -Sought-after CBD location, just 100m to nearby shopping destinations -Walk to Adelaide Oval, cafes, and city attractions with ease -Freshly painted interiors and upgraded bathrooms ensure easy living -Generous communal spaces with reception services for added comfort -Convenient bike storage and access to communal laundry facilities -Positioned near parklands, reputable schools, shops, and transport Rental Return: -Previously leased at $185 per room per week, the apartment offered a total rental income of $555 per week, presenting a strong return for investors seeking steady cash flow in a high-demand location. Outgoings: -Water & Sewerage: $86 per quarter (arrox) -Council Rates: $1,813.90 per annum(arrox) -Emergency Services Levy: $109 per annum (arrox) -Strata Admin Fund: $1,440.75 per quarter (arrox) -Strata Sinking Fund: $346.50 per quarter (arrox) Apartment 602 at 23 King William Street presents a rare opportunity to secure an exceptional city residence. Stylishly presented and ideally situated, it offers a lifestyle of ease, comfort, and urban sophistication in the heart of Adelaide.

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