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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

305/23 King William Street
Adelaide, SA 5000

$385,000 - $423,500

Apartment 3 beds 1 bath
Listed Date: 23rd Jun 2026
Overview

City Living or Smart Investing in the Heart of Adelaide

Positioned right in the heart of Adelaide's vibrant Central Business District, this well-appointed three-bedroom apartment represents an exceptional opportunity for investors, first-time home buyers, and individuals seeking an affordable city residence.

The property is currently tenanted at a weekly rental of $555, offering an immediate income stream. Additionally, it provides the advantage of having no restrictive management agreements or limitations on its use, giving the purchaser greater flexibility and control over their investment.

Inside, the apartment is thoughtfully designed with easy-care floating floors throughout. The functional kitchen is cleverly arranged to maximize space and utility, ensuring a comfortable and practical environment for day-to-day living.

All three bedrooms are fitted with ceiling fans to provide year-round comfort, enhancing the livability of the apartment.

The location is truly one of the property's greatest assets. Residents have effortless access to public transport including trams, trains, and bus services, making commuting straightforward and convenient.

The apartment is also situated moments from Adelaide’s renowned shopping precincts, cafés, diverse restaurants, entertainment venues, and cultural attractions, providing a vibrant urban lifestyle.

Whether you are intending to expand your investment portfolio, secure a first home, or enjoy the convenience and excitement of inner-city living, this affordable and versatile apartment satisfies all these requirements.

This presents an exceptional opportunity to acquire a three-bedroom apartment in one of the most convenient and accessible locations in Adelaide.

The property is well suited for those seeking a low-maintenance lifestyle combined with the benefits of city living and excellent investment potential.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
305/23 King William Street
Adelaide SA 5000
Measurements
Type Dimensions
Floor Area 55 m²
Market Insights for Adelaide SA 5000
New Listings (last 30 days)
7
Average price
$1,073,571
Lowest price
$290,000
Highest price
$2,400,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.