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206/10 Balfours Way, Adelaide SA 5000

Must Sell!! Best Offer By 10th November 6pm

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$460k - $506k High Confidence Calculated based on strong search observations.

Apartment 2 Beds 1 Bath 68 m²

Listed: yesterday

Overview

Located in the heart of Adelaide CBD, this 68 sqm apartment offers an excellent opportunity for investors and urban professionals seeking a blend of convenience, functionality, and lifestyle appeal. Its low-maintenance design and strategic positioning ensure it stands out amid the strong demand for inner-city living.

The two well-sized bedrooms, including a master equipped with built-in robes, cater effectively to tenants such as professionals, couples, or students. The open-plan living and dining area, complemented by a modern kitchen outfitted with quality appliances, promote practical and enjoyable daily living.

An enclosed balcony accessible via sliding glass doors extends the living space, providing a versatile area ideal for relaxation or informal entertaining. The sleek bathroom, featuring premium fittings, along with a separate laundry area, enhance the apartment's functional layout.

Access to attractive amenities including a pool, spa, and rooftop garden enriches the lifestyle offering and adds value to rental prospects.
The apartment benefits from proximity to key Adelaide landmarks and transport, such as the Adelaide Central Market and major universities, amplifying its investment and living appeal.
Council rates and strata fees, detailed as quarterly and annual charges, reflect typical urban management costs, reinforcing its suitability for hassle-free property oversight.

With Adelaide's CBD evolving as a dynamic business and education hub, this property aligns well with those seeking steady rental income potential along with the promise of capital growth. Its combination of strategic location, thoughtful design, and lifestyle-focused amenities make it a compelling choice for discerning investors and residents alike.

Local Market Insights

In Adelaide, Quiet Listings observed 35 new apartments entering the market over the last 30 days, up from 25 during the previous 30-day period, with an average advertised asking price of $675,600. The property type mix of listed properties is predominantly Apartments at 73%, followed by units (7%), and houses (7%). The most active agency for apartments in the Adelaide area is currently Ray White, representing 46% of new listings, followed by Ocre with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.