43/34 Austin Street, Adelaide, SA 5000

$495,000- $515,000

Apartment
Type
3
Bedrooms
1
Bathrooms

Published on Monday, July 27, 2026 ( See property details for 43/34 Austin Street, Adelaide, SA 5000)

$495,000- $515,000

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

A modern, fully furnished three-bedroom apartment in Adelaide's vibrant CBD, offering secure income and exceptional lifestyle convenience.

🏡 Property Highlights

  • Fully furnished three-bedroom apartment with established tenancy until December 2026
  • Secure rental income of $800 per week, offering immediate cash flow
  • Prime CBD location opposite Adelaide University and within walking distance to Rundle Mall and East End
  • Light-filled open-plan living, dining, and kitchen area with private balcony
  • Modern kitchen with quality appliances including gas cooktop, oven, and refrigerator
  • Three spacious bedrooms with built-in robes, study desks, and natural light
  • Year-round comfort with ducted reverse-cycle air conditioning
  • Excellent future owner-occupier opportunity post-lease
  • Close to major attractions: Adelaide Botanic Garden, Art Gallery, South Australian Museum, Adelaide Oval
  • Accessible public transport including tram and bus services

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Balcony
  • Dishwasher
  • Air Conditioning
  • Internal Laundry
  • Security Screens / Gates
  • Pet-Friendly
  • Waterfront / Views
  • Fully fenced

Situated in Adelaide's thriving city centre, this neighbourhood offers unparalleled access to education, culture, dining, and entertainment. Residents enjoy proximity to Adelaide University, Rundle Mall, and the East End precinct, making it ideal for students, professionals, and investors alike. The area boasts excellent public transport links, vibrant lifestyle options, and a strong demand for quality rental accommodation. With ongoing growth and development, the precinct promises long-term value and lifestyle benefits.

What is the current rental income and lease term?
The property is leased at $800 per week until December 2026, providing immediate cash flow.
What are the key features of the apartment?
The apartment features a modern kitchen with quality appliances, three spacious bedrooms with built-in robes, a private balcony, ducted reverse-cycle air conditioning, and internal laundry facilities.
Is the property suitable for owner-occupiers after the lease expiry?
Yes, the apartment offers an excellent opportunity for future owner-occupiers once the current lease concludes.
How close is the property to public transport and amenities?
The apartment is within walking distance to Rundle Mall, Rundle Street, Adelaide University, and has excellent access to tram and bus services.
What are the benefits of this location?
Located in Adelaide's vibrant CBD, residents enjoy proximity to cultural attractions, dining precincts, parks, and major sporting venues, ensuring a dynamic city lifestyle.
Are there any upcoming strata or council fee increases that could affect ongoing costs? Are there any planned developments or construction projects nearby that could impact the property? Is the property compliant with all building and safety regulations? Are there any easements, zoning restrictions, or covenants affecting the property? What are the long-term plans for the surrounding area that could influence property value? Are there any known issues with the building structure or systems? Is the property located in a flood or bushfire-prone zone? Are there any restrictions on pet ownership within the strata scheme? What are the terms of the current lease, and are there any conditions that could change? Are there any additional costs or fees not included in the strata or council rates?

43/34 Austin Street, Adelaide, SA 5000 - More Details

$495,000- $515,000

Positioned in the heart of Adelaide's thriving education, cultural and lifestyle precinct, Unit 43/34 Austin Street presents an outstanding opportunity for both investors and future owner-occupiers, offering secure rental income, exceptional convenience and long-term growth potential.

Currently leased at an impressive $800 per week until December 2026, this fully furnished three-bedroom apartment delivers immediate cash flow with an established tenancy already in place, making it an ideal addition to any investment portfolio. The property is professionally managed by an independent real estate agency, providing investors with flexible management arrangements rather than being tied to an accommodation operator. Upon lease expiry, the property also presents an excellent opportunity for those looking to enjoy vibrant CBD living in one of Adelaide's most convenient locations.

Perfectly positioned opposite Adelaide University and within easy walking distance of Adelaide's East End, North Terrace and the CBD, the apartment enjoys consistently strong demand from students, academics, city professionals and owner-occupiers seeking quality accommodation in Adelaide's premier education precinct.

Designed for comfortable and practical living, the apartment features a light-filled open-plan living, dining and kitchen area that flows effortlessly onto a private balcony, creating an inviting space to relax or entertain.

The contemporary kitchen is well-appointed with quality appliances including a gas cooktop, oven and refrigerator, complemented by generous cabinetry and ample storage to maximise everyday functionality.

Accommodation comprises three generous bedrooms, each featuring built-in robes, study desks, quality furnishings and abundant natural light, making the apartment perfectly suited to student accommodation, professional city living or future owner occupation.

A fully tiled bathroom, internal laundry facilities and ducted reverse-cycle air conditioning provide year-round comfort and complete this well-appointed city residence.

Located within one of Adelaide's most desirable CBD precincts, residents enjoy unrivalled access to Adelaide University, Rundle Mall, Rundle Street, Adelaide Botanic Garden, the East End dining precinct, the Art Gallery of South Australia, South Australian Museum, State Library, Adelaide Oval and excellent public transport including tram and bus services.

Whether you're seeking a high-performing investment with immediate rental returns or planning to move into a vibrant city residence once the current lease expires, this outstanding apartment offers the perfect combination of strong income, blue-chip location and exceptional long-term potential.

Property Features:
- Secure rental income of $800 per week
- Fixed lease in place until December 2026
- Excellent future owner-occupier opportunity upon lease expiry
- Fully furnished three-bedroom apartment
- Spacious open-plan living and dining area
- Private balcony
- Modern kitchen with gas cooktop, oven and refrigerator
- Three generous bedrooms with built-in robes, study desks and quality furnishings
- Internal laundry facilities
- Ducted reverse-cycle air conditioning
- Opposite Adelaide University
- Walking distance to Rundle Mall, Rundle Street and Adelaide's vibrant East End precinct
- Minutes to Adelaide Botanic Garden, Art Gallery of South Australia, South Australian Museum, State Library and Adelaide Oval
- Excellent access to tram, bus and other public transport

Outstanding opportunity for investors and future owner-occupiers alike
Property Information:

CT: 5936/98
Council: City of Adelaide
Zone: Capital City (CC)
Built: 2005
Council Rates: $1,878.85 p.a. Approx.
Strata Manager: Munro Property Group
Administration Fund: $1,300.75 p.q. Approx.
Sinking Fund: $232.20 p.q. Approx.
Emergency Services Levy: $100.50 p.a. Approx.
SA Water: $191.85 p.q. Approx. (Supply & Sewer)
Currently leased at $800 per week until December 2026.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided, we accept no responsibility for any errors or omissions. Interested parties are advised to make their own enquiries and seek independent legal and financial advice.

Type
Apartment
Bedrooms
3
Bathrooms
1

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