518 Warwick Street
WALKERVILLE South Australia 5081
Overview
We are pleased to present this exceptional apartment located in the prestigious suburb of Walkerville. The Watson apartment complex showcases modern elegance and offers numerous lifestyle advantages. This apartment is an excellent opportunity for investors looking to expand their property portfolio or for first-time homebuyers starting their real estate journey.
Currently part of the Hotel Letting pool, this apartment is utilized as a hotel room, providing a unique investment opportunity. Historically, studios in this building have achieved an average gross income ranging from approximately $42,000 to $50,000 per annum, indicating strong return potential in this sought-after location.
The interior of the apartment features a contemporary design with an open-plan layout, high-quality finishes, and a neutral color palette that creates a sophisticated and easy-to-maintain living space. Equipped with split system air conditioning, this residence ensures comfort throughout the year, serving as a private retreat within a vibrant complex known for its architectural appeal and premium amenities.
Conveniently located, the apartment is just a short drive from the CBD, with public transport options readily available. A variety of boutique shops, cafes, and restaurants are within walking distance, offering a rich lifestyle filled with convenience. Situated only 6km from the CBD, North Adelaide, Adelaide Oval, and the Festival Theatre, this property represents a secure investment in one of the state's most desirable postcodes.
Key features include:
- Studio-style suite with scenic hills outlook
- Stone-topped vanities
- Kitchenette with integrated appliances and sleek cabinetry
- Split system air conditioning
- Access to swimming pool and sun deck
- Fully equipped on-site gym
- Communal BBQ areas for entertaining
- Secure building with lift access
- Zoned for Walkerville Primary, Adelaide High, and Adelaide Botanic High Schools
- Fully furnished apartment
Walkerville is a highly sought-after inner-city suburb that offers a refined lifestyle. Residents enjoy proximity to the River Torrens Linear Park and the popular Walkerville Terrace, which features a variety of high-end dining and shopping options. The suburb is well-connected by major bus routes, making commuting to the Adelaide city center quick and easy.
For more information or to make an offer, please reach out.
Location
518 Warwick StreetWALKERVILLE South Australia 5081 T
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 34 |
| Floor Area | 34 sqm |