52/34 Austin Street, Adelaide, SA 5000

$455,000 - $475,000

Apartment
Type
3
Bedrooms
1
Bathrooms

Published on Tuesday, August 18, 2026 ( See property details for 52/34 Austin Street, Adelaide, SA 5000)

$455,000 - $475,000

  • 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 the heart of Adelaide CBD offering exceptional investment potential and versatile living options.

🏡 Property Highlights

  • Prime CBD location opposite Adelaide University
  • Three private balconies with bright, airy outlooks
  • Fully furnished with modern kitchen and open plan living
  • Strong rental yield of approximately $960 per week
  • Ducted reverse cycle air conditioning for year-round comfort
  • Versatile property suitable for owner-occupation or investment

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Balcony
  • Outdoor Area / Balcony
  • Air Conditioning
  • Fully Fenced
  • Internal Laundry
  • Pet-Friendly
  • Water tank
  • Security Screens / Gates

Adelaide CBD offers vibrant city living with easy access to shopping, dining, cultural attractions, and public transport. Key points include proximity to Rundle Mall, the East End, Adelaide Oval, and the Botanic Garden. The area boasts a lively atmosphere, excellent amenities, and strong rental demand, making it ideal for investors and residents alike.

What are the main lifestyle benefits of living in this CBD apartment?
Living in this CBD apartment provides easy access to shopping, dining, cultural attractions, and public transport, offering a vibrant city lifestyle with convenience and entertainment at your doorstep.
Is the apartment suitable for both investment and owner-occupier purposes?
Yes, the apartment is versatile and can be used as a rental investment or owner-occupied residence, with the added benefit of being fully furnished and offering flexible usage options.
What amenities are included with the apartment?
The apartment features three balconies, ducted reverse cycle air conditioning, an internal laundry, and is fully furnished with modern appliances and fixtures.
How is the rental income generated and what is the current yield?
The property currently achieves approximately $960 per week across three rooms, resulting in a net return of about 7.8%, making it an attractive investment opportunity.
What are the key features that enhance the property's value?
Key features include its prime CBD location, three private balconies, modern open plan design, fully furnished setup, and strong rental performance.
Are there any additional management or strata fees associated with the apartment? Has the property been recently renovated or does it require any repairs? Are there any restrictions on short-term rentals or Airbnb usage? What are the zoning regulations and any potential development restrictions in the area? Is there any history of flooding, bushfire risk, or other environmental hazards in the vicinity? Are there any upcoming planning or construction projects nearby that could impact the property? What are the terms of the current lease agreements, and are there any rent restrictions? Are there any easements, covenants, or other legal encumbrances affecting the property? What are the long-term maintenance costs associated with the building? Is the property compliant with all current building and safety regulations?

52/34 Austin Street, Adelaide, SA 5000 - More Details

$455,000 - $475,000

This furnished apartment features three bedrooms with built in robes, a central bathroom, modern kitchen and spacious open plan living area. Positioned on the corner of the building, it enjoys a brighter, airier feel, broader outlooks and the rare bonus of three balconies. Adding to its versatility, the apartment can also be owner-occupied if desired.

Currently achieving approximately $960 per week across the three rooms, this is an appealing set & forget investment opportunity. Unlike many nearby alternatives, there are no locked in management agreements or restrictive usage conditions, giving you greater flexibility and control.

What You’ll Love:

Open plan living
Fully furnished
Fantastic 7.8% NET return! (approx.)
Opposite Adelaide University
Ducted reverse cycle A/C
Internal laundry
3 private balconies

Positioned right in the heart of the CBD, this apartment puts the very best of Adelaide at your doorstep. Rundle Mall, Rundle Street and the vibrant East End are all within easy walking distance, while Adelaide Botanic Garden, Adelaide Oval, the Art Gallery of South Australia, South Australian Museum and State Library are just minutes away. With trams, buses and public transport close by, getting around couldn’t be easier.

Live in it, lease it out or lock in the return, whichever way you look at it, this one just makes sense. Better be quick!

We (Xsell Property & our suppliers) have made every effort to ensure that the information provided for this property is accurate, however we provide no warranties or guarantees. We accept no liability for any errors or omissions (including but not limited to land size, floor plans, or general condition) and recommend that if you are interested you make relevant checks and seek qualified and independent advice where necessary.

RLA: 267 - 857
Type
Apartment
Bedrooms
3
Bathrooms
1

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