202/82 King William Street, Adelaide SA 5000

This one-bedroom apartment, located on the second floor of the iconic T&G Building at 82 King William Street, Adelaide, offers a prized investment opportunity within the city's vibrant CBD.

Operated by Mantra Hotels, the property benefits from a commercial lease which exempts purchasers from stamp duty, adding significant financial appeal. The apartment's west-facing position allows residents and guests to enjoy peaceful evenings with warm natural light streaming through large double-glazed windows.

Designed as a fully self-contained unit, it features a practical kitchen setup to easily prepare meals, catering perfectly to those who appreciate convenience without compromising on comfort. Its compact 49 square meters of floor space are efficiently arranged to support a comfortable stay for visitors or long-term occupants.

The location enhances the property's attractiveness, offering proximity to key Adelaide landmarks such as the Adelaide Oval, Festival Theatre, Riverbank Precinct, the Fringe Festival, Central Market, and Chinatown. Excellent public transport connections including tram, bus, and train services ensure ease of movement, while numerous restaurants, cafes, and pubs are located within walking distance.

Securely leased to Mantra Hotels until March 2031, this apartment suits investors seeking a 'set and forget' income stream, as well as those looking to diversify their portfolio or add to their superannuation fund with confidence.

• Council rates approximate $388.60 per quarter
• SA Water rates approximately $165.55 per quarter
• Body corporate fees approximate $1,181 per quarter
• Sinking fund contributions approximately $317 per quarter
• Zoned CC13 with title CT: 5900/228 under City of Adelaide council

Overall, this property blends practical urban living with solid investment benefits, making it an appealing choice for a broad spectrum of buyers targeting the Adelaide CBD market.