89/255 Hindley Street, Adelaide SA 5000

AUD 295,000

For Sale

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Property Details

Bathrooms

Property Type

Apartment / Unit / Flat

Description

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 0 • Bathrooms: 1

Description: *Lot 89/255 Hindley Street Adelaide is also known as Room No.144 (on Level 1). Please note: This apartment is under a 10-year management agreement with Accor Hotel Group until May 2031. Inspections are subject to room availability. Contact the agent for a walkthrough video and relevant documents. Positioned in the heart of Adelaide's vibrant West End, this fully furnished studio apartment presents a superb lock-up-and-leave investment opportunity. Managed as a short-stay serviced apartment under Accor Hotels, it delivers consistent income while offering easy access to the city's best dining, shopping, and entertainment. Just moments from Rundle Mall, Gouger Street dining precinct, UniSA, Adelaide Convention Centre, and Adelaide Oval, residents and guests enjoy seamless access to public transport including trams, trains, buses, and taxis. Property Features: - First-floor apartment with direct access to the communal garden - Fully furnished studio - Split system air conditioning - Functional kitchen and bathroom with appliances and whitegoods - Secure designated carpark - Elevator access - Swipe card entry - Walking distance to world-class amenities Investment Highlights: - Sold fully furnished - Under management agreement with Accor Hotels until May 2031 - Total income for FY24/25 approximately $16,566.92 - Revenue fluctuates depending on building occupancy rates This is a rare opportunity to acquire a hassle-free investment in a prime CBD location with a reputable hospitality operator in place. Specifications: CT / 5061/195 Council / City of Adelaide Built / 1991 Council Rates / $1,345.10 p.a approx. Strata Rates / $1,346.55 p.q approx. Strata Manager / Strata Data *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.

Location

Address

89/255 Hindley Street, Adelaide SA 5000

City

Adelaide

Features and Finishes

None

Legal Notice

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