508/23 King William Street
Adelaide, SA 5000

Originally constructed in 1936 and redeveloped in 2007, this appealing 3-bedroom apartment offers a blend of timeless character with modern comforts, perfect for those seeking a practical and low-maintenance lifestyle.

The well-designed floorplan provides flexibility and functionality, making it ideal for both owner-occupiers and investors. The open-plan living area fosters a comfortable and relaxed environment, allowing residents to unwind or enjoy the convenience of city living.

Situated in the heart of Adelaide, the apartment provides easy access to a vibrant array of cafes, restaurants, shopping centers, entertainment venues, and public transport options. Prominent local destinations such as Uni SA, the Royal Adelaide Hospital, Adelaide Oval, and Rundle Mall are all within walking distance, providing exceptional convenience.

The building itself boasts charming architectural features that honour Adelaide's history, providing a unique living experience rarely found in newer developments. This property is well-suited for first-time buyers, investors seeking an addition to their portfolio, or those looking for a city base.

Notably, the apartment is free from restrictive management agreements and offers flexibility in usage, setting it apart from many similar city properties.

Currently, the property generates a reliable rental income of $620 per week, offering a solid investment return while maintaining future flexibility for either owner occupancy or investment purposes.

Opportunities such as this, combining character, convenience, and great returns in a sought-after location, are rare and should not be overlooked.