802/242 Flinders Street, Adelaide, SA 5000

$500,000 - $550,000

Apartment
Type
2
Bedrooms
1
Bathrooms

Last updated on Friday, June 05, 2026 ( See property details for 802/242 Flinders Street, Adelaide, SA 5000)

$500,000 - $550,000

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802/242 Flinders Street
Adelaide, SA 5000
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802/242 Flinders Street — Vertical Aerial  •  Adelaide, SA 5000  •  Nearmap © 2026
  • 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

Type
Apartment
Bedrooms
2
Bathrooms
1

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