508/23 King William Street, Adelaide, SA 5000

$375,000 - $395,000

Apartment
Type
3
Bedrooms
1
Bathrooms

Published on Tuesday, June 23, 2026 ( See property details for 508/23 King William Street, Adelaide, SA 5000)

$375,000 - $395,000

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

A beautifully renovated 3-bedroom apartment in Adelaide's vibrant city centre, offering character, modern comfort, and excellent investment potential.

🏡 Property Highlights

  • Prime city centre location with easy access to cafes, restaurants, and public transport
  • Charming architectural features paying tribute to Adelaide's history
  • Well-designed, low-maintenance floorplan suitable for owner-occupiers and investors
  • Currently generating a solid rental income of $620 per week
  • Originally built in 1936 and redeveloped in 2007, blending character with modern comforts
  • Flexible usage options with no restrictive management agreements

✨ Key Features

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

Located in the heart of Adelaide, this vibrant neighbourhood offers a dynamic lifestyle with easy access to cafes, restaurants, shopping, and entertainment. Key attractions such as Rundle Mall, Adelaide Oval, and the Royal Adelaide Hospital are within walking distance, making it ideal for professionals and students. The area boasts excellent public transport links, ensuring seamless connectivity across the city. With a rich history and modern amenities, this suburb combines the best of Adelaide’s heritage and contemporary living.

What are the key features of this apartment?
This apartment features an open-plan living area, built-in robes, security screens, fly screens, high-speed NBN connectivity, extra storage, internal laundry, pet-friendly policies, and ceiling fans for comfort.
Is the property suitable for investment purposes?
Yes, the property currently generates a rental income of $620 per week, making it a strong investment opportunity with potential for future appreciation.
What is the historical significance of the building?
Originally constructed in 1936 and redeveloped in 2007, the building showcases architectural features that pay tribute to Adelaide's history, blending character with modern amenities.
How accessible is the location for daily amenities?
The apartment is ideally positioned in the city centre, providing easy access to cafes, restaurants, shopping, entertainment, and public transport options.
What are the potential uses for this property?
The property offers flexibility for owner-occupiers, investors, or those seeking a city base, with no restrictive management agreements.
Are there any upcoming planning or development projects in the area that could affect the property’s value or living environment? What are the strata or management fees associated with the apartment, and are there any special levies? Are there any known issues or defects with the building or apartment that should be disclosed? Is the property located in a flood or bushfire-prone zone? Are there any restrictions or easements affecting the property’s use or future development?

508/23 King William Street, Adelaide, SA 5000 - More Details

$375,000 - $395,000

Type
Apartment
Bedrooms
3
Bathrooms
1

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