70/255 Hindley Street, Adelaide SA 5000

In the heart of the vibrant West End, this fully self-contained apartment, in one of the most convenient locations in the CBD, presents the ultimate lock-up and leave investment opportunity. Currently managed as a serviced, short-stay room, this two-bedroom unit boasts contemporary furnishings, tasteful decor, and quality fixtures and fittings. You'll find Adelaide's best shopping and dining options, like Rundle Mall and Gouger Street, and brilliant proximity to UniSA campus, the Adelaide Convention Centre, and iconic Adelaide Oval. With the trams, trains, buses, and taxis on your doorstep, getting around this area is a breeze!

More reasons we love this property:

- 2 good-sized carpeted bedrooms
- Built-in robes in both bedrooms
- Well-equipped kitchen and dining area
- Spacious living area & private outdoor
- Split-system heating and cooling
- Modern bathroom and kitchen
- Split system air conditioning
- Light-filled and low maintenance
- Secure car parking on the site
- Private balcony
- Walking distance to all amenities
- Prime location in the heart of CBD

Other important information:

- Property to be sold with all furniture
- Apartment is in agreement with Accor Hotel Group until 5 May 2031
- Total net revenue from serviced apartment $24,864.17 (approximately) year ending 30 June 2023
- Revenue fluctuates depending on occupancy rates of the building
- Previous 6 month period has been extremely busy and high yielding for owners within the group

Property photography is of a comparable property, and is for illustration purposes only. All information has been obtained from sources we deem to be accurate, however, it cannot be guaranteed and neither the agent, agency or vendor accept any liability for errors, omissions or oversights. Any reference to development, subdivision or renovation is subject to planning consent and any reference to land or building sizes are approximate. It is recommended any interested parties conduct their own due diligence. RLA325330.