Address available on request, Adelaide, SA 5000

Bedrooms
1
Bathrooms
1
Area
39m2
Type
Apartment

Last updated on Thursday, June 13, 2024

$398,500

Address available on request, Adelaide, SA 5000 - More Details

$398,500

The Basics

Stage 1 is scheduled for completion Q3 2024 so you could be living here or making money here quite soon.

Quality new apartments in the Adelaide CBD are hard to find and The Cullinan will set a new benchmark for city living in Adelaide. Be part of it.

Our clients have had a change of plan and asked us to sell their apartment.

Get in touch and talk to us about investing or living here.


Introducing Adelaide and The Cullinan

The Meridien Invest team has been looking for new investment opportunities for our clients that will deliver both high yields and are positioned for strong growth.

Adelaide is now a focus market for us as it represents value and the primary numbers stack up. Plus, it is very affordable which opens up the opportunity to invest to more of our clients. Adelaide offers people an appealing lifestyle and is in No. 3 spot as the World's most liveable city. Affordability and appeal, mean more people choose to live here and that is going to underpin both rental and resale demand.

Meridien is an approved agent for The Cullinan apartment project in central Adelaide and we have exclusive incentives for our clients.

The Cullinan is a unique, prestige project in an outstanding location. Construction is well underway and stage 1 is scheduled for settlement in Q3 2024.


A Six Star Location

We love this central location. The very best of Adelaide is an easy walk. The lifestyle of this location will appeal to everyone, with parks, markets, cafes, restaurants, and more literally a block or 2 away.

The Cullinan is close to some of Adelaide's best schools plus the University of South Australia.


A Six-Star Luxury Project

Luxury is built into the apartments and the shared spaces.

The styling in apartments is top-shelf and has the latest designer finishes. There are timber floors, a designer kitchen with Miele appliances and Caesarstone benchtops, floor-to-ceiling windows, and more.

First impressions are lasting, and when you open the door to your new apartment, you are going to be impressed.

The building's architecture and resident facilities are impressive.

This is a project that you will be proud to be part of.


Plus Six-Star Facilities

An inner-city sanctuary for the people that call The Cullinan home.

- Indoor pool
- Rooftop garden
- Resident's deck with bbq and bar
- Security
- Gym
- Touchless controls
- Mobile-enabled controls

Smart and stylish to make life enjoyable and easy.

Plus, check out the automated valet carpark!


Investment Advantage

Adelaide opens up new opportunities for our clients with lower entry costs and attractive yields.

The Cullinan prices are very accessible for individuals and SMSF clients. The project is unique and very appealing - yet affordable.

Whether investing in a studio, 1 bedroom, or larger apartment, your property will be at the top of the list for qualified, quality tenants as it is such a great place to live. More appeal = more demand = higher yields and a better investment. This is a winning formula.

Yields are impressive and demand in this market is well beyond supply.


Apartment 211 Investment Profile

Why we like this apartment:

- Great use of space
- Big floor-to-ceiling windows create a sense of light and space
- Nice outlook

Contract Price $398,500
Rental Unfinished $480pw = 6.3% Yield



You can achieve even more with a furnished apartment in the short-term accommodation program.


Short-term Letting

Belle Escapes Adelaide can manage your apartment in the short-term letting space with rates at $160 per night for fully-equipped apartments.

We can evaluate the best management options for you closer to completion.

Belle Property in Adelaide is our partner for property management and will provide Meridien Invest clients with top-class service and a good fee structure.


Outgoings Estimates

Strata Fees $35.33pw
Council Rates $250/qtr
Water Rates $140/qtr


How to Invest

Secure apartment 211, The Cullinan with just $2,000 initial deposit and a balance of 10% when unconditional. Settle of stage 1 is scheduled for Q3 2024.

This is ideal for SMSF investors and individuals.

To get started, get in touch.
Type
Apartment
Bedrooms
1
Bathrooms
1
Area
39m2

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Address available on request Adelaide SA 5000

Property FAQs

What is the current asking price for the Address available on request, Adelaide, SA 5000?

Meridien Group - ARUNDEL has not listed a sale price for Address available on request, Adelaide, SA 5000. Contact the agent for a price guide.

How many bedrooms does the property listed Address available on request, Adelaide, SA 5000 feature?

Address available on request, Adelaide, SA 5000 is a 1 bedroom Apartment.

What are the standout features of the Address available on request, Adelaide, SA 5000?

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What is the total land area and built-up area of the Address available on request, Adelaide, SA 5000?

The total land area and built-up area of the Address available on request, Adelaide, SA 5000 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the Address available on request, Adelaide, SA 5000?

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