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101/160 Rundle Mall
Adelaide, SA 5000
$140,000 - $154,000
Overview
CBD Investment Opportunity!
Positioned in one of Adelaide's most iconic and highly sought-after locations, this unit at 101/160 Rundle Mall offers an exceptional opportunity for investors seeking a low-maintenance property within the vibrant Adelaide CBD. This well-situated one-bedroom apartment combines convenience, simplicity, and strong rental appeal, making it an attractive option for a variety of tenants.
Ideal for university students or city-based professionals, the apartment provides comfortable and easy-care living right in the heart of the city. The layout is thoughtfully designed to maximize functionality and efficiency, featuring a bedroom, living area, and essential amenities tailored for low-maintenance inner-city living. Residents benefit from immediate access to a wide range of shopping, dining, public transport, and entertainment options, underscoring the property's consistent demand in this prime location.
Currently tenanted, the property offers an immediate return on investment, making it a practical set-and-forget addition to any portfolio. This investment is further supported by the following details:
- Year Built: Approximately 1968
- Wall Construction: Concrete
- Floor Area: Approximately 32 square meters
- Zoning: CMS - City Main Street / RMa - Rundle Mall
- Local Council: Adelaide
- Tenancy: Periodic Lease with a rental income of $360.00 per week
- Council Rates: Approximately $239.60 per quarter
- Water Rates (excluding usage): Approximately $176.00 per quarter
- ES Levy: Approximately $67.90 per annum
- No easements or encumbrances
- Sewerage: Connected to mains
This property represents an excellent opportunity for investors looking to expand their holdings or enter the Adelaide property market at an affordable price point. The unbeatable lifestyle and location benefits of residing in the heart of Rundle Mall—a premier retail and lifestyle precinct known for its vibrant atmosphere, accessibility, and enduring appeal—make this unit a compelling choice.
Whether you are seeking a secure investment or a convenient city base, this apartment offers a blend of practicality and prime location that is hard to match.
Location
Adelaide SA 5000
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 30 |
| Floor Area | 30 sqm |
Market Insights for Adelaide SA 5000
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* 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.
