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425/304 Waymouth Street, Adelaide SA 5000-Image For Sale
425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Image 425/304 Waymouth Street, Adelaide SA 5000-Floorplan

425/304 Waymouth Street, Adelaide SA 5000

High-Yield Investment and/or Low-Maintenance City Living.

Studio
Type
1
Bedrooms
1
Bathrooms
31.0 m2
Area

Last updated on Friday, August 28, 2026 ( See property details for 425/304 Waymouth Street, Adelaide SA 5000)

$220,000

Open on Wednesday 2 September 12:30 pm | View All

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

A modern, furnished studio apartment in Adelaide's West End offering excellent investment potential, city views, and convenient amenities.

🏡 Property Highlights

  • Prime location in Adelaide's vibrant West End, close to major universities and amenities
  • Strong rental income with high-occupancy management scheme
  • Potential Stamp Duty Exemption saving approximately $7,500
  • Elevated fourth-floor outlook over city skyline, Parklands, and Adelaide Hills
  • Modern, well-equipped kitchenette and contemporary bathroom
  • Access to extensive building amenities including gym, communal lounge, and outdoor BBQ area

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Balcony
  • Air Conditioning
  • Open-Plan Living
  • Security Screens / Gates
  • Internal Laundry
  • Gym
  • Elevator
  • Water tank

Adelaide's West End is a dynamic hub renowned for its vibrant cultural scene, excellent educational institutions, and proximity to the Riverbank Precinct. Residents enjoy easy access to top dining, shopping, and entertainment options, along with excellent public transport links. The area offers a lively yet convenient city lifestyle, ideal for students, professionals, and investors alike.

What are the current rental income and management arrangements?
The property is managed by UniLodge, generating approximately $1,217.25 per month after management fees, under a high-occupancy pool scheme.
Can I move into the property if I purchase it?
Yes, owner-occupiers can take possession with just three months' written notice at the middle or end of the semester.
What amenities are available within the building?
Residents have access to 24-hour security, lift access, a communal lounge and games area, a gymnasium, laundry facilities, study lounges, a library, and an outdoor BBQ area.
Is there potential for stamp duty savings?
Yes, the property may qualify for Stamp Duty Exemption, subject to Revenue SA approval, potentially saving approximately $7,500.
What are the features of the apartment's outlook and layout?
Located on the 4th floor, the apartment offers city skyline, Parklands, and Adelaide Hills views, with an open-plan living and dining area, private balcony, and a well-equipped kitchenette.
Are there any upcoming building maintenance or renovation plans that could affect living or investment prospects? What are the strata or body corporate fees and are there any special levies? Are there any restrictions or easements affecting the property? Has the property been inspected for any structural issues or defects? What are the zoning regulations and are there any planned developments nearby that could impact the property’s value or lifestyle?

425/304 Waymouth Street, Adelaide SA 5000 - More Details

High-Yield Investment and/or Low-Maintenance City Living.

Ideally located in the heart of Adelaide's vibrant West End, this furnished studio apartment presents an exceptional opportunity for investors and owner-occupiers alike.
Currently managed by UniLodge, generating a strong rental return via the high-occupancy pool scheme. Currently returning $1,217.25 per month (approx.) after Unilodge have deducted their management fees and refurbishment fund. For those looking to move in, owner-occupiers can take possession with just three months' written notice at the middle or end of the semester.

It gets even better! This property also meets the requirements for Stamp Duty Exemption (Subject to approval from Revenue SA). This is a potential saving of approximately $7,500!

Surrounded by Adelaide's best amenities, these apartments offer unbeatable convenience. The University of South Australia, Adelaide University, TAFE, and the Adelaide Health and Medical Sciences precinct are all within walking distance.

The Riverbank Precinct, home to Adelaide Oval, the Convention Centre, Festival Theatre, and Adelaide Casino, is just a short stroll away, along with the dining and shopping hotspots of Gouger Street, Adelaide Central Market, and Rundle Mall. Public transport options, including buses, trams, and trains, are easily accessible.

Positioned on the 4th floor, the apartment boasts an elevated outlook over Waymouth Street, the city skyline, the Adelaide Hills and the Parklands. Designed for comfort and functionality, the apartment features an open-plan living and dining space with high ceilings, private balcony, well-equipped kitchenette with a cooktop, microwave, and fridge, and a modern bathroom.

The built in study desk and shelving provide a functional work from home setup, complemented by a private west facing balcony that's perfect for relaxing at the end of the day as the sun sets. Reverse cycle air conditioning ensures year-round comfort, and a wall-mounted TV adds to the convenience.

Residents enjoy access to excellent building amenities, including 24-hour smart card security, lift access, a communal lounge and games area, a well-appointed kitchen, and a laundry room. Study lounges, a library, a gymnasium, and an outdoor BBQ area further enhance the lifestyle appeal.

This apartment is perfect for investors seeking a strong rental return, parents looking for safe and convenient student accommodation, or owner-occupiers wanting a low-maintenance city lifestyle.

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 inquiries and obtain their own legal advice.

RLA 307896
Type
Studio
Bedrooms
1
Bathrooms
1
Area
31.0m2

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