601/242 Flinders Street Adelaide SA

$360,000 - $370,000

For Sale Inspections
Sat 04 Mar 2023
12:40 PM - 1:10 PM
Building Size
62 sqm
Land Size
75 sqm
Council Rates
$310 Quarterly
Water Rates
111 quarter
Strata Fees
769 quarter


Great Location, Great Investment, Secured Tenants!

This sophisticated apartment in The Art building faces is located in Flinders East precinct where it comes alive during the Fringe and Womadelaide in February & March!

For the astute investors, this apartment is tenanted until 09/08/2023 at $348 per week under the National Rental Affordability Scheme. Take advantage of the 2.5 years left on NRAS, to reap a gross return on investment of approximately $29,220 per year or 7.3%!! Currently Tenanted.

What we love:
* Views of CBD buildings facing South and Adelaide Hills!
* Double-sized main bedroom with 2-way access to the main bathroom and built in wardrobe, all for your convenience.
* Second bedroom perfect for a guest room or study.
* Large open plan living/dining and kitchen with electric cook top and dishwasher.
* All main areas, including bedrooms are carpeted throughout for comfort.
* Each room has split system air-conditioning throughout for comfort all-year round.
* Neat European internal style laundry to hide away clutter when unexpected visitors pop around.
* Secure building with intercom access.
* Modern fixtures and fittings throughout for the modern aesthetic feels.
* Close to universities & schools where you can walk to your lessons without the need to drive.

RLA 262481 – This advert contains information and imagery which is believed to be accurate based on City Realty sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own enquiries about the validity and accuracy of this information and view the property before making any buying decisions. Our privacy policy is available at


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