303/23 King William Street, Adelaide, SA 5000

$395,000 - $430,000

Apartment
Type
3
Bedrooms
1
Bathrooms
62 m²
Area

Last updated on Friday, July 03, 2026 ( See property details for 303/23 King William Street, Adelaide, SA 5000)

$395,000 - $430,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming historic three-bedroom apartment in Adelaide's vibrant CBD, offering excellent investment potential and convenient city living.

🏡 Property Highlights

  • Prime CBD location on iconic King William Street
  • Three spacious bedrooms with existing tenants generating rental income
  • Historic 1936 building with timeless character features
  • Close to cafés, restaurants, shopping, and cultural attractions
  • Excellent public transport including free city trams and buses
  • Potential for both owner-occupier and investment opportunities

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Outdoor Area / Balcony
  • Internal Laundry

Adelaide's CBD offers a vibrant lifestyle with easy access to world-class dining, shopping, and cultural venues. The area boasts excellent public transport options, including free trams, making commuting effortless. Its historic architecture blends seamlessly with modern amenities, creating a unique urban living experience. The proximity to parklands and entertainment venues ensures a dynamic and convenient lifestyle. This neighbourhood is ideal for professionals, students, and investors seeking a central location with high rental demand.

What are the key features of this apartment?
This historic apartment features open-plan living, built-in robes, security screens, fly screens, high-speed internet readiness, extra storage, pet-friendly policies, an outdoor balcony, and an internal laundry.
Is the property suitable for investment purposes?
Yes, the property currently has tenants generating rental income, making it an attractive investment opportunity in Adelaide's CBD.
What amenities are nearby?
The apartment is within walking distance of cafés, restaurants, shopping precincts, universities, parklands, cultural attractions, and entertainment venues, with excellent public transport options including free city trams and buses.
What is the condition and age of the building?
Built in 1936, the building showcases timeless character features and has been maintained to offer comfortable city living.
Are there any restrictions or special considerations for pets?
The property is pet-friendly, subject to any building or strata regulations.
Are there any upcoming or planned renovations or developments in the area that could affect the property? What are the strata or body corporate fees and are there any special levies? Are there any known issues with the building's structure or systems? Is the property compliant with all local building codes and regulations? What are the zoning restrictions and potential for future development? Are there any easements, covenants, or restrictions affecting the property? Has the property been affected by flooding or bushfire risks? Are there any ongoing or upcoming construction projects nearby that could impact noise or access? What are the total costs involved in purchasing, including stamp duty, legal fees, and strata fees? Is there secure parking available, and what are the access arrangements?

303/23 King William Street, Adelaide, SA 5000 - More Details

$395,000 - $430,000

Positioned on iconic King William Street, this three-bedroom apartment presents a rare opportunity to secure a home in the heart of Adelaide's vibrant CBD. Built in 1936, the residence showcases timeless character features while offering comfortable living in one of the city's most convenient locations.

The location is second to none, placing you within easy walking distance of Adelaide's best cafés, restaurants, shopping precincts, universities, parklands and cultural attractions. Excellent public transport options, including free city trams and bus services, make getting around effortless, while nearby entertainment venues and the Adelaide Central Market ensure there's always something to enjoy just moments from your doorstep.

Bedroom 1: Currently tenanted for $170/week until March 2027
Bedroom 2: Currently tenanted for $150/week until November 2026
Bedroom 3: Currently tenanted for $180/week on a periodic lease.

Whether you're looking for a place to call home or a quality investment, this unique apartment presents an exceptional opportunity to secure a piece of Adelaide's history.

All information displayed has been supplied to Boffo Real Estate by third parties. While considered reliable, its accuracy has not been verified, is not guaranteed and no liability is accepted for any errors or omissions. Interested parties must undertake their own investigations or enquiries and not rely on any warranty, representation or assurance from the Vendor or its Agent in respect of the land or any improvements.

Looking to purchase this property as an investment? Speak to our Property Management team to see how we can assist.

RLA 313174
Type
Apartment
Bedrooms
3
Bathrooms
1
Area
62 m²

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