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802/242 Flinders Street, Adelaide, SA 5000 For Sale
802/242 Flinders Street, Adelaide, SA 5000 802/242 Flinders Street, Adelaide, SA 5000-Image 802/242 Flinders Street, Adelaide, SA 5000-Image 802/242 Flinders Street, Adelaide, SA 5000-Image 802/242 Flinders Street, Adelaide, SA 5000-Image 802/242 Flinders Street, Adelaide, SA 5000-Image 802/242 Flinders Street, Adelaide, SA 5000-Image 802/242 Flinders Street, Adelaide, SA 5000-Image 802/242 Flinders Street, Adelaide, SA 5000-Image 802/242 Flinders Street, Adelaide, SA 5000-Floorplan

802/242 Flinders Street, Adelaide, SA 5000

$500,000 - $550,000

Apartment
Type
2
Bedrooms
1
Bathrooms

Last updated on Friday, June 26, 2026 ( See property details for 802/242 Flinders Street, Adelaide, SA 5000)

$500,000 - $550,000

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

This stylish eighth-floor apartment offers stunning panoramic views, modern living spaces, and a prime Adelaide CBD location, perfect for investors or owner-occupiers seeking low-maintenance city living.

🏡 Property Highlights

  • Eighth-floor position with panoramic views from the eastern foothills to the coastline
  • Currently leased with a strong rental income of $520 per week, increasing to $530
  • Bright and airy master bedroom with built-in robe and natural northern light
  • Generous balcony ideal for entertaining or relaxing while enjoying elevated outlooks
  • Prime city location within walking distance to Hutt Street, Rundle Street, and the East End
  • Open plan kitchen, living, and meals area designed for effortless city living

✨ Key Features

  • Balcony
  • Built-in Robes
  • Open-Plan Living
  • European Laundry
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Low-Maintenance Yard
  • Garage / Secure Parking

The Adelaide East End offers vibrant lifestyle amenities, including renowned cafes, restaurants, and shopping precincts. Its proximity to Victoria Park and the CBD provides excellent walkability and access to entertainment, making it ideal for professionals and investors alike. The area boasts a lively atmosphere with cultural attractions and green spaces, perfect for a dynamic city lifestyle. Convenient public transport options and ongoing urban development further enhance its appeal. This sought-after locale combines convenience, lifestyle, and investment potential in one vibrant package.

What are the views like from the apartment?
The apartment offers sweeping panoramic views stretching from the eastern foothills to the coastline, visible from the eighth floor and the generous balcony.
Is the property suitable for investment purposes?
Yes, the property currently generates rental income of $520 per week, with potential for increased returns, making it an attractive investment opportunity.
What amenities are nearby?
The apartment is within walking distance to Hutt Street, Rundle Street, the East End, Victoria Park, and the CBD's entertainment and dining precincts, offering excellent lifestyle amenities.
What is the condition of the property?
The property is in solid condition with a modern design; a fresh coat of paint could further enhance its appeal.
Does the apartment have modern features?
Yes, it includes a European-style laundry, NBN readiness, security screens, and open-plan living spaces.
Are there any upcoming strata or body corporate fee increases or special levies planned? Are there any restrictions or easements affecting the property? Is there any history of flooding or bushfire risk in this area? Are there any planned developments or construction projects nearby that could impact the view or noise levels? What are the long-term plans for the building or surrounding area that might affect property value?

802/242 Flinders Street, Adelaide, SA 5000 - More Details

$500,000 - $550,000

*** Please note open time, 5min duration, please meet at the advertised time, sharp, so I can take all attendees up in a group avoiding lifts, intercoms and key cards ***


Positioned high on the eighth floor and capturing sweeping views stretching from the eastern foothills to the coastline, this spacious city residence presents an outstanding opportunity for investors, professionals or those seeking an effortless Adelaide lifestyle in the heart of the CBD.

Currently leased on a periodic tenancy at $530 per week, and the tenant expressing interest in remaining in the property if possible, the property offers immediate rental income and flexibility moving forward.

Filled with natural light thanks to its desirable northern orientation, the master bedroom features a built-in robe and enjoys a bright and airy aspect. The accommodation is serviced by a large central bathroom complete with a glass shower, vanity and WC, while a concealed European-style laundry is conveniently tucked away in the hallway.

The generous kitchen overlooks an open plan living and meals area, flowing seamlessly onto a sizeable balcony — the perfect space to unwind while taking in the elevated outlook across Adelaide and beyond.

Additional features include a linen closet, functional floor plan and low-maintenance inner-city living. Whilst the property is currently in solid condition, a fresh coat of paint could further enhance its appeal.

Perfectly positioned within walking distance to Hutt Street, the East End, Rundle Street and the beautiful eastern parklands, the location offers easy access to Adelaide's finest cafes, restaurants, shopping and lifestyle amenities. Victoria Park and the Adelaide CBD's premier entertainment and dining precincts are all only moments away.

Features include:
• Eighth-floor position with panoramic views
• Two spacious bedrooms
• Master bedroom with built-in robe, ensuite access and northern natural light
• Large bathroom with frameless shower
• Concealed European-style laundry
• Open plan kitchen, living and meals area
• Generous balcony for entertaining or relaxing
• Linen storage
• Periodic tenancy returning $520 per week
• Rent increasing to $530 per week in late June
• Tenant interested in remaining
• Prime city location near Hutt Street, Rundle Street and the East End

Whether you are seeking a quality city investment, a future owner-occupier opportunity or an enviable low-maintenance lifestyle in Adelaide's vibrant East End, this impressive eighth-floor residence delivers location, outlook and flexibility in equal measure.

Year Built / 2014
Council / City of Adelaide
Council Rates / $1,542.80 p.a.
Body Corp. Admin & Sinking Levy / $955 p.q.

Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639
Type
Apartment
Bedrooms
2
Bathrooms
1

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