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605/23 King William Street, Adelaide, SA 5000 For Sale

605/23 King William Street, Adelaide, SA 5000

$390,000 - $410,000

Apartment
Type
3
Bedrooms
1
Bathrooms

Published on Tuesday, September 29, 2026 ( See property details for 605/23 King William Street, Adelaide, SA 5000)

$390,000 - $410,000

Open on Saturday 3 October 12:30 pm | View All

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

A well-positioned three-bedroom apartment in Adelaide CBD offering excellent investment prospects with established tenancy and convenient amenities.

🏡 Property Highlights

  • Prime Adelaide CBD location with excellent investment potential
  • Currently tenanted with a steady rental income of $610 per week
  • Secure building with intercom and fob access for added safety
  • Gas connection included, with usage paid by Strata
  • Communal laundry equipped with a commercial dryer
  • Close proximity to shops, restaurants, and public transport

✨ Key Features

  • Built-in Robes
  • Security Screens / Gates
  • Open-Plan Living
  • Internal Laundry
  • Ensuite
  • Balcony
  • Pet-Friendly
  • Floorboards
  • NBN / High-Speed Ready
  • Secure Parking

Adelaide CBD offers vibrant city living with easy access to shopping, dining, and entertainment options. The area boasts excellent public transport links, making commuting effortless. Its central location ensures high rental demand and strong investment growth. Residents enjoy a lively urban lifestyle with cultural attractions nearby. The neighbourhood combines convenience with a dynamic city atmosphere, ideal for investors and residents alike.

What are the ongoing strata fees and what do they cover?
The strata fees include gas connection and usage, as well as building maintenance and security services. Specific fees can be obtained from the strata management.
Is the apartment suitable for short-term or long-term tenants?
The apartment is currently tenanted on a long-term basis, making it ideal for investors seeking steady rental income. Short-term rentals may require approval from the strata or local council.
What are the nearby amenities and transport options?
The property is close to shops, restaurants, and public transport, providing convenient access to the city’s amenities and commuting options.
Are there any upcoming developments or planning changes in the area?
Potential buyers should consult local planning authorities for information on future developments or zoning changes in the Adelaide CBD.
What is the condition of the building and apartment?
The apartment is well-maintained, with recent updates to fixtures and fittings. Buyers are encouraged to conduct a building inspection for detailed condition assessment.
Are there any additional costs or fees not included in the strata fees, such as special levies or maintenance charges? Has the property been involved in any recent or upcoming development plans that could affect its value or livability? Are there any restrictions on leasing or subletting the apartment? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned renovations or repairs scheduled for the building that could impact residents or costs?

605/23 King William Street, Adelaide, SA 5000 - More Details

$390,000 - $410,000

Located in the heart of Adelaide CBD, this well positioned three bedroom apartment offers an excellent investment opportunity with an existing tenant and rental income of $610 per week.

Property Highlights
• 3 bedrooms
• 1 bathroom
• Currently tenanted at $610 per week
• Secure building with intercom and fob access
• Gas connection and usage paid by Strata
• Communal laundry with commercial dryer
• Close to shops, restaurants and public transport
• Prime Adelaide CBD location

A great opportunity to secure a centrally located investment property with an established tenancy.
Purchasing this property as an investment? Talk with Kirsty Clark from our PM team and see why our Property Management department is #1 amongst all the LJ Hooker offices Worldwide.

** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.

RLA 61345 RLA 282965 RLA 231015
Type
Apartment
Bedrooms
3
Bathrooms
1

Inspections times

  • Inspection Sat 3 Oct 12:30 pm

    Saturday 3 October
    12:30 pm - 1:00 pm
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