404/185 Morphett Street, Adelaide SA 5000

Refined Real Estate is proud to present this spacious one bedroom apartment, located in the heart of the West End City Precinct, offering an exciting cosmopolitan lifestyle or an excellent low maintenance investment opportunity.

Currently running as a highly successful Airbnb, this is an extraordinary opportunity to purchase an investment that is already up and running. With an occupancy rate of 77.81% for the past financial year and an income of approximately $39,000 PA! There is even an option to purchase this tastefully styled apartment fully furnished. There really is nothing left to do for the astute investor!

Come and enjoy this relaxed inner-city one bedroom apartment with open plan living and private alfresco entertaining area. The interior is styled with relaxed boho vibes to transport you to your ultimate relaxation paradise within the urban jungle of Adelaide's CBD.

From the moment you arrive, you will feel the light fill your presence as you follow it through the apartment. As you step through the front door, the generous bathroom is to the right and features floor to ceiling tiles and quality fixtures and fittings with modern finishes. The good sized bedroom has built in robes, a desk and frosted glass windows to allow natural light in.

The large airy kitchen/living and dining, flows through to the full width balcony, which converts to an all-weather sun room with toughened bi-fold glass windows. A perfect space for entertaining guests or just enjoying the attractive north views of Light Square and the beautifully painted buildings, over a laneway, with no nuisance from the traffic below.

The kitchen is well equipped with solid bench tops and stainless steel appliances, including a dishwasher. Further features of this very appealing apartment include reverse cycle air conditioner, European style laundry and excellent security, with a restricted card access system, intercom and 24 hour reception located on the ground floor.

As an added bonus, all residents and guests are welcome to the use of the indoor heated lap pool, spa, sauna and steam room, located on the 6th floor in the adjacent Altitude building.

The location is incredible! With everything the city has on offer right at your doorstep. A huge choice of first class dining within a short distance of walking, available along Gouger Street along with an abundance of gourmet shopping at the Central Markets. Further attractions nearby include the River Torrens Precinct, Rundle Mall, Adelaide Oval, Convention Centre, the new Sky City Adelaide Casino and the new Medical Precinct just to name a few.

Please don't hesitate to call Gemma Lutz today to secure your future investment or lifestyle opportunity!