$425,000

2 Bed  •  1 Bath  •  0 Car

Main view of Homely house listing, 206/10 Balfours Way, Adelaide SA 5000
Floorplan of Homely house listing, 206/10 Balfours Way, Adelaide SA 5000
Second view of Homely house listing, 206/10 Balfours Way, Adelaide SA 5000
+9

Sold

206/10 Balfours Way, Adelaide SA 5000

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$425,000

  • 2
  • 1
  • 0

House Sold on Tue 21 Jan, 2025

What's around Balfours Way

House description

“Prime Investment Opportunity in Adelaide CBD - High-Yield Potential”

Prime Investment Opportunity in Adelaide CBD - High-Yield Potential

Positioned in the thriving heart of Adelaide CBD, this property presents a compelling opportunity for investors seeking solid returns and long-term growth. With a strategic location and low-maintenance design, this apartment is perfectly suited to capitalize on the strong demand for urban living.

The property features two well-sized bedrooms, including a master with a built-in robe, both with good sized window making it highly attractive to professionals, students, and couples. Its open-plan living and dining area, paired with a modern kitchen equipped with quality appliances, ensures broad tenant appeal.

The enclosed balcony, accessible via sliding glass doors, offers additional versatile space, ideal for relaxation or entertainment. Complementing the layout is a sleek bathroom with premium fittings and a separate laundry area, enhancing functionality for residents.

Tenants will appreciate the lifestyle-focused amenities, including a pool, spa, and rooftop garden, adding to the property's rental appeal and market competitiveness.

Key Investment Highlights
Two Bedrooms: Highly marketable layout with built-in robes
Contemporary Features: Open-plan living, modern kitchen, and enclosed balcony
Strong Location: Proximity to key Adelaide landmarks and transport options
Low Maintenance: Suited for hassle-free property management
Proximity to Demand Drivers
Adelaide Central Market: 5-minute drive
University of South Australia City West Campus: 7-minute walk
University of Adelaide: 7-minute drive
Art Gallery of South Australia: 7-minute drive

Financial Overview
Council Rates: $1,884.10 per annum
Water Sewerage: $165.55 per quarter
Water Supply: $78.60 per quarter
Strata Fees: $1,136.00 per quarter
Emergency Services Levy: $360.85 per annum

Rental Appeal
Located in the sought-after Adelaide High School Zone
Attractive amenities for tenants: pool, spa, and rooftop garden
This property offers an excellent balance of immediate rental income potential and long-term capital growth. With Adelaide's CBD continuing to grow as a business and education hub, this is an ideal addition to any investment portfolio.

Don't miss out on this high-potential opportunity-contact us today to learn more.

Property features

toilets

Toilets: 1

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