*Lot 68/255 Hindley Street Adelaide is also known as Room No.302 (on Level 3).
Please note: This apartment is under a 10-year management agreement with Accor Hotel Group until May 2031. Inspections are subject to room availability. Please contact agent for the walkthrough video and relevant documents.
Positioned in the heart of Adelaide's bustling West End, this self-contained apartment offers a superb lock-up-and-leave investment opportunity. Managed as a short-stay serviced apartment under Accor Hotels, it provides consistent income in one of the city's most convenient locations.
Just moments from Rundle Mall, Gouger Street dining, UniSA, Adelaide Convention Centre, and Adelaide Oval, residents and guests enjoy effortless access to public transport including trams, trains, buses, and taxis.
Property features:
- Fully furnished studio apartment
- Split system air conditioning
- Secure designated carpark
- Located on the third floor with private balcony
- Open plan living/dining
- Functional kitchen and bathroom with appliances and whitegoods
- Elevator facilities via front foyer or carpark
- Swipe card access
- Walking distance to world-class amenities
Investment highlights:
- Property to be sold with all furniture
- Apartment is in agreement with Accor Hotel Group until May 2031
- Total income for FY24/25 is $17,487.32 (approximately)
- Revenue fluctuates depending on occupancy rates of the building
Specifications:
CT / 5061/185
Council / City of Adelaide
Built / 1991
Council Rates / $1,345.10 p.a approx.
Strata Rates / $1,421.35 p.q approx.
Strata Manager / Strata Data
*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.
Property ID: #L36986995
