804/82 King William Street, Adelaide, SA 5000

$295,000

House
Type
1
Bedrooms
1
Bathrooms

Published on Friday, March 20, 2026 ( See property details for 804/82 King William Street, Adelaide, SA 5000)

$295,000

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

A fully furnished, north-facing one-bedroom apartment in Adelaide's vibrant city centre, offering excellent investment potential with long-term lease and city amenities at your doorstep.

🏑 Property Highlights

  • Prime city centre location with easy access to Adelaide Oval, Festival Centre, and the Riverbank.
  • Fully furnished, impeccably maintained large one-bedroom apartment on the eighth floor.
  • Leased to Quality Apartments Choice Hotels, offering a reliable income stream.
  • North-facing apartment with double glazed windows ensuring a peaceful environment.
  • Close to superb restaurants, cafes, and entertainment options in the vibrant Adelaide precinct.
  • Strong investment potential with consistent income and long-term lease until 2031.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Internal Laundry
  • Pet-Friendly
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804/82 King William Street
Adelaide, SA 5000
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Adelaide’s city centre offers a dynamic lifestyle with easy access to cultural attractions, renowned restaurants, and vibrant entertainment venues. The area boasts excellent public transport links, including trams and Uber services, making it ideal for both residents and investors. With proximity to beaches, hills, and major event spaces, the neighbourhood combines urban convenience with scenic beauty. The local infrastructure supports a thriving commercial and service sector, ensuring ongoing demand for properties. This location is perfect for those seeking a high-quality, accessible city lifestyle with strong investment prospects.

What are the key features of this apartment?
This apartment features open-plan living, built-in robes, security screens, fly screens, NBN high-speed internet readiness, extra storage, ceiling fans, internal laundry, and pet-friendly options.
Is this property suitable for investment purposes?
Yes, this property is leased to Quality Apartments Choice Hotels with a reliable income stream until 2031, making it an attractive investment opportunity.
What amenities are nearby?
The apartment is close to Adelaide Oval, Festival Centre, the Riverbank, Chinatown, the Mall, and numerous restaurants, cafes, and entertainment venues.
What is the condition of the property?
The apartment is fully furnished and impeccably maintained, with double glazed windows ensuring a peaceful environment.
What is the lease term and rental income?
The lease runs until 25th May 2031, with current income for 2024/25 projected at $16,710.63, and previous years showing consistent returns.
Are there any upcoming planned developments or zoning changes in the area that could affect the property's value? What are the total ongoing costs, including body corporate fees, council rates, water, and sinking levies? Are there any restrictions or covenants associated with the property or building? Has the property been inspected for any structural or pest issues? Are there any planned renovations or maintenance works scheduled for the building? What are the terms of the lease, and are there any conditions that could change the rental income? Is the property compliant with all local building and safety regulations? Are there any easements or access issues affecting the property? What is the history of the property's occupancy and maintenance? Are there any potential risks related to flood, bushfire, or other environmental hazards in the area?

804/82 King William Street, Adelaide, SA 5000 - More Details

$295,000

Investment only not available to live in.....

Visitors to our fine city love the location of this leased investment with in easy access in any direction be it Adelaide Oval Festival Centre The Riverbank China Town Market or the Mall plus commercial and service establishments ,with beaches and hills precinct as simple as hoping on the tram or ordering an Uber.

Leased to Quality Apartments Choice Hotels this could well suit family superannuation funds or established buyers looking to add / diverse there holdings.

This fully furnished and impeccably maintained large one bedroom apartment is in the eighth floor facing north over Grenfell street.

The enviable position of this apartment building offers guests the choice of superb restaurants and hotels and cafes amazing choices of where and what to eat.
However if they are having an extended stay they can stay in and eat and prepare there meal in the fully equipped kitchen, relax and dine in the open plan living area. Double glazed windows will ensure a great nights rest.

This is an opportunity for those with an eye to the future.

Income : 2022/23 $22,981.31
Income: 2023/24 $18,301.74
Income: 2024/25 $16,710.63
Income: 2025/26 8 months $12,925
Please note that this type of investment may not meet the lending criteria of major financial institutions, questions regarding this, please consult with your financial institution for advice.

Leased 26th March 2021 to 25th of May 2031

Property Details
CT 5791/778
Council: City of Adelaide
Council Rates $388.65 p/q approx
Zoning: CC13
SA Water :$165.55 p/q approx
Body Corp:$1,181.00 p/q approx
Sinking Levy:$317.00 p/a approx

Contact agent should you wish further information

Disclaimer: The information contained in this listing has been obtained from sources considered reliable. However, no guarantee is provided as to its accuracy, and no responsibility is accepted for any errors or omissions, including (but not limited to) details relating to land size, floor plans and measurements, building age, or condition. Interested parties are encouraged to conduct their own investigations to verify the information provided. If this property is scheduled for auction, the Vendor's Statement will be available for inspection at our Harcourts Sheppard office for three consecutive business days immediately prior to the auction and at the auction for 30 minutes
Type
House
Bedrooms
1
Bathrooms
1

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