5/27 Cypress Street, Adelaide SA 5000

Following current COVID-19 guidelines, we are only conducting
private inspections. Please contact the agent to make an appointment to view this property.

Smack bang in the middle of Adelaide’s flourishing CBD, find the ultimate investor’s dream or first home buyer’s delight. Boasting low maintenance, modern finishes and a location that is the epitome of convenience, if you’re seeking a winning inner-city townhouse, look no further than 5/27 Cypress Street.

With an astounding track record of zero vacancies in the last ten years, investors will enjoy this property’s current rental estimate of $650 per week. A unique floorplan offers an alternate gated entrance to the ground floor, allowing the potential for this floor—encompassing bedroom and private ensuite—to be rented out as an Airbnb or to be utilised in some other shared living arrangement.

On the first level, find a spacious open plan kitchen, living and meals area featuring quality hard timber flooring underfoot. A bonus study nook can also be found on this level, as well as a connected balcony with street views; the perfect place to unwind after a hard day's work. The sleek kitchen boasts a recently installed breakfast bench perfect for quick meals, as well ample cupboard storage. The second and final floor boasts two generous bedrooms with built-in robes and an upgraded, sparking central bathroom with ideal separate toilet.

Enjoy this townhouse’s location close and convenient walking distance to Adelaide Uni and UniSA on North Terrace, a short stroll to the cosmopolitan Hutt Street precinct, nearby green Hurdle Square, Hindmarsh Square and Rymill Park, public transport links, Rundle Street cafés, restaurants and nightlife and Rundle Mall shopping.

• Secure, valuable single car garage with internal access and auto roller door
• Ducted r/c a/c
• New carpet flooring in bedrooms and on stairs
• Freshly painted throughout

RLA 239435