904 / 39 Grenfell Street
Adelaide, SA 5000

Located in the heart of Adelaide's city center, this rare four-bedroom apartment offers an exceptional urban living experience. Positioned on Grenfell Street, the apartment overlooks a peaceful park, providing a tranquil setting amidst the vibrant CBD environment. The location is unbeatable, with Rundle Mall, City Cross, Coles supermarket, the Post Office, and numerous other amenities all within a short 200-meter walk.

This apartment is perfectly suited for investors or busy professionals seeking convenient access to work, dining, and entertainment options. The building, known as Princes Apartment, features secure access with a swipe fob, elevators, intercom systems, and a lap pool for residents' enjoyment.

The master bedroom includes a private ensuite with a shower, while the second, third, and fourth bedrooms share a second bathroom that also functions as a laundry area. The fourth bedroom is versatile and can be used as a study or home office. The kitchen is equipped with a gas oven and dishwasher, and has been recently renovated along with the bathroom and air conditioning system, ensuring modern comfort and style.

Key features of this apartment include:

• Master bedroom with ensuite bathroom
• All bedrooms receive ample natural light
• Balcony with views overlooking a tranquil park
• Renovated kitchen, bathroom, and air conditioning system
• Walking distance to universities along North Terrace
• Easy access to Adelaide Metro public transport
• Ideal investment opportunity with strong rental return potential

Outgoings for the property are approximately as follows: Council rates of $470 per quarter, strata fees of $1320 per quarter, and an emergency service levy of $170 per annum. The estimated rental income is between $800 and $850 per week.

This apartment combines the convenience of city living with the comfort of a well-maintained residence, making it a compelling choice for a variety of buyers.