508/23 King William Street
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About this property
Originally constructed in 1936 and redeveloped in 2007, this appealing 3-bedroom apartment combines timeless character with the comforts of modern living. Offering a practical and low-maintenance lifestyle, the well-designed floorplan provides flexibility and functionality, making it ideal for owner-occupiers and investors alike. The open-plan living space creates a comfortable setting to unwind, or enjoy the convenience of city life. Ideally positioned in the heart of Adelaide, you'll enjoy easy access to an array of cafés, restaurants, shopping, entertainment, and public transport options. Key destinations including Uni SA, the Royal Adelaide Hospital, Adelaide Oval, Rundle Mall, and numerous city attractions are all within walking distance. Showcasing charming architectural features that pay tribute to Adelaide's history, the building offers a unique living experience rarely found in modern developments. Whether you're looking to secure your first property, add to your investment portfolio, or purchase a city base, this apartment represents exceptional value. With no restrictive management agreements and flexibility in how the property can be utilised, it provides greater freedom than many similar city offerings. Currently returning $620 per week, the property offers a solid income stream while retaining future flexibility for owner-occupiers or investors. Opportunities like this in such a sought-after location are not to be missed. For further information or to book a tour, contact Kelly on 0468 640 085.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Listed
- 3 weeks ago
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Neighbourhood
Living in Adelaide
This 3-bedroom apartment in Adelaide, SA 5000 sits within reach of public transport, local shops and nearby schools. It is listed 36% below the $610,000 median of 72 comparable apartmentswithin 5 km.
Schools near Adelaide
- Christian Brothers College - Junior Campuscombined
- Christian Brothers College - Senior Campuscombined · R-12 · Boys
- Pulteney Grammar Schoolcombined · R-12 · CoEd
- St Aloysius Collegecombined · R-12 · Girls
- St Mary's Collegecombined · R-12 · Girls
- Gilles Street Primary Schoolprimary · U, R-6 · CoEd
What's nearby
- Adelaide Railway Station 1 (train) — 418 m away
- Lucia's Charcuterie — 834 m away
- Unnamed — 216 m away
- Unnamed — 249 m away
- Pfitzner Court — 487 m away
Adelaide at a glance
Full suburb profile- Population
- 18,202
- Median age
- 31
- Household income
- $1,365/wk
- Median rent
- $400/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
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Suburb market
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Adelaide price trend
Median sold · Unit 3 bed
Compound growth +15.0% / yr over 4 yrs
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Price history
Listing price changes
2 price changes recorded for this property
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