303/61 Hindmarsh Square

Secure a premium income-producing asset in one of Adelaide's most sought-after CBD locations. Positioned within the renowned Mantra Hindmarsh Square, this fully furnished two-bedroom apartment presents an outstanding opportunity for investors seeking strong passive returns, minimal management involvement, and long-term capital growth. Located in Adelaide's vibrant East End, this blue-chip address places guests and visitors within walking distance of the city's most popular attractions, including Rundle Mall, Rundle Street's dining and entertainment precinct, Adelaide Oval, the Botanic Gardens, Adelaide Zoo, the South Australian Museum, Art Gallery of South Australia, and the picturesque River Torrens. The exceptional location continues to drive strong accommodation demand year-round. Currently operating within the established Hindmarsh Square Managed Investment Scheme, the apartment functions as high-performing hotel accommodation, benefiting from consistent occupancy and professional management. Investors will enjoy an attractive annual return of approximately $19,730 net after all expenses are paid. Designed as the ultimate "set-and-forget" investment, owners can enjoy all the benefits of property ownership without the day-to-day responsibilities of tenant management, maintenance coordination, or vacancy concerns. As an added bonus, owners receive 14 complimentary nights of accommodation each year, providing flexibility for personal holidays, business travel, or city getaways. The Mantra Hindmarsh Square investment model has delivered reliable performance for over two decades, supported by premium on-site facilities including 24-hour reception, DJ's Diner & Bar, room service, secure access, and a fully equipped gymnasium-enhancing guest experience and supporting strong occupancy levels. The apartment itself offers spacious, light-filled interiors featuring open-plan living and dining, a well-appointed kitchenette, and an expansive private balcony overlooking the leafy surrounds of Hindmarsh Square. Two generous bedrooms with built-in robes, a centrally positioned bathroom, ducted reverse-cycle air conditioning, secure building access, and lift service complete this low-maintenance investment package. With a proven income stream, attractive net returns, and a tightly held CBD location, this is a rare opportunity to acquire a high-performing property in Adelaide's thriving East End. Opportunities offering this combination of yield, convenience, and long-term investment appeal are increasingly hard to find. Invest with confidence and secure your place in one of Adelaide's strongest performing city precincts. Specifications: CT / 5888/806 Council / Adelaide Zoning / CC Mantra Income for 2024/2025 is $27,624.53 Council Rates / $2,570.00pa Community Rates / $1,364.00pq Community Manager / Whittles Emergency Services Levy / $400.00pa SA Water / $176.30pq Estimated rental assessment / Written rental assessment can be provided upon request Nearby Schools / Gilles Street P.S, Sturt Street Community School, Rose Park P.S, North Adelaide P.S, Norwood P.S, Adelaide Botanic H.S, Adelaide H.S, Marryatville H.S, Warriappendi Secondary School, Glenunga International H.S Disclaimer: 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 and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409