203 / 180 Morphett Street
Adelaide, SA 5000

Located in a prime position on Morphett Street, this apartment provides outstanding views and an excellent opportunity to experience vibrant inner-city living. The property showcases a modern design with clean lines and stylish fixtures, creating a comfortable and contemporary home environment.

The open-plan kitchen and living area seamlessly extend to a spacious balcony, perfect for relaxation or entertaining guests. The apartment is situated in a highly sought-after location close to Gouger Street, renowned universities, convenient public transport options, and the cultural hub of Chinatown.

The kitchen is fully equipped with quality appliances, catering to all culinary needs. Additional features include ducted reverse cycle air conditioning for year-round comfort and energy-efficient LED downlights that enhance the ambiance while reducing energy consumption.

Financially, the property benefits from an administration fund of approximately $371 per quarter, a sinking fund of around $22 per quarter, and council rates estimated at $298 per quarter. These costs contribute to the maintenance and management of the building and surrounding facilities.

Investment-wise, the apartment is currently tenanted at $425 per week, with an estimated rental return of $455 per week, making it an attractive option for investors seeking steady income in a central location.

This apartment is ideal for entry-level buyers or investors looking to secure a foothold in the city market, offering a blend of lifestyle convenience and modern living amenities.

Prospective buyers are advised to conduct their own independent investigations and seek legal advice to verify all details and ensure the property meets their requirements.