602/185 Morphett Street, Adelaide SA 5000

Positioned high within the sought-after Gallery Apartments, this contemporary one-bedroom residence delivers the ultimate in low-maintenance city living, complete with the rare inclusion of a secure car park and secure rental income.

Filled with natural light, the open-plan living and dining area creates a welcoming space to relax or entertain, flowing effortlessly to an enclosed balcony with bi-fold windows - ideal for enjoying year-round comfort in any season. The modern kitchen is both practical and stylish, featuring stone benchtops, gas cooking and a dishwasher, making everyday living a breeze.

The generously sized bedroom includes built-in robe and a dedicated study nook, perfectly suited for professionals or those working from home. A sleek bathroom incorporates a European-style laundry and smart storage solutions, maximising functionality without compromising on style.

Residents of The Gallery enjoy access to exceptional resort-style amenities, including a heated indoor swimming pool, spa, sauna and steam room - offering a private escape right in the heart of the city.

Investment Highlights:

Currently tenanted until July 2026 at $475 per week
Secure car park leased separately at $280 per month until September 2026
Strong combined rental return with flexible future options

Key Features:

- Light-filled open-plan living and dining
- Contemporary kitchen with stone benchtops, gas cooktop & dishwasher
- Enclosed balcony with bi-fold windows for flexible indoor–outdoor living
- Bedroom with built-in robe and study desk
- Modern bathroom with European laundry
- Reverse-cycle air conditioning for year-round comfort
- Secure car park and keyless building entry
- Lift access and intercom system
- Exclusive access to pool, spa, sauna & steam room

Perfectly suited to savvy investors, professionals or future owner-occupiers, this apartment enjoys an unbeatable CBD location moments from Rundle Mall, Adelaide Central Market, universities, public transport and Adelaide's best cafés and dining.

Specifications: CT / 6036/7
Council / City of Adelaide
Zoning / Capital City Year
Built / 2009
Council Rates / $1,472.6 p.a approx.
Strata Fees / $1,341.00 p.q approx.
SA Water / $176.3 p.q approx. (Supply + Sewerage)
ESL / $ 434.5 p.a approx.
Strata Manager / Whittles