40/81 Carrington Street, Adelaide

**Please enquire at 0431 929 953 or georgie@klemich.com.au for private inspections**

Welcome to 40/81 Carrington Street, Adelaide! With a rental income of $650 per week (currently leased till 27th June), this property presents an attractive investment opportunity, offering a potential high yield of approximately 7%. This modern, low-maintenance apartment in the heart of Adelaide offers comfort, convenience, and a prime location, making it an ideal place to call home or a smart investment with strong cash flow and long-term potential.

This complex is a quiet, well-secured group with both stair and lift access, offering peace of mind and ease of movement. The apartment is positioned on the top level of the complex (level 3), with the balcony side of the property facing East over St Helena Place, ensuring a quieter street location, while also offering views of the Adelaide hills. Driving into the complex is a breeze with secure off-street parking behind electric gates, offering convenience and safety for one vehicle (view the Stata plan in the form1 for positioning).

Walking into the apartment you will find two generously sized bedrooms, positioned well, offering enhanced privacy and making it more desirable for duelled living. The modern bathroom features neutral fixtures and finishes and includes a walk-in shower and bath. While the attached European-style laundry adds convenience and maximises space efficiency.

The modern kitchen is designed for functionality, offering ample storage and counter space, making it ideal for meal preparation. It is fully equipped with good-quality appliances, including a dishwasher and an electric cooktop, the kitchen also features a convenient bar area for casual dining. This thoughtful design allows the dining room to be easily repurposed as a home office or alternative space, providing flexibility to suit your lifestyle needs. The kitchen seamlessly flows into the open-plan living and dining area, creating a spacious, inviting environment perfect for both relaxation and entertaining

A standout feature of the apartment is its private balcony, which provides stunning panoramic views of Adelaide's skyline. Whether enjoying a morning coffee or hosting guests, the breathtaking city views create a perfect setting for any occasion. The common grounds also feature large, established trees, providing a beautiful green backdrop along the balcony. The complex also includes a bonus feature being a pool and spa, perfect for unwinding after a busy day.

This apartment is located in one of Adelaide's most desirable areas, offering easy access to the CBD, shopping centres, cafes, restaurants, and entertainment venues. Public transport options are also nearby, making it easy to explore the city and surrounding areas.

Don't miss your chance to own this exceptional apartment in a prime location.

Key features:
> Location: Prime position in the heart of Adelaide, offering easy access to CBD, shops, cafes, restaurants, and public transport.
> Bedrooms: Two generously sized bedrooms, offering enhanced privacy, ideal for dual living.
> Modern Bathroom: Neutral fixtures and finishes, with an attached European-style laundry for space efficiency.
> Kitchen: Fully equipped, including a dishwasher and electric cooktop; convenient bar area for casual dining.
> Living Space: Open-plan living and dining area, perfect for relaxation and entertaining; flexible space for a home office or alternative use.
> Private Balcony: Panoramic views of Adelaide's skyline and hills, with a green backdrop from established trees in the common grounds.
> Comfort: Air conditioning for heating and cooling for year-round comfort.
> Secure Complex: Quiet, well-secured group with stair and lift access; secure off-street parking behind electric gates.
> Amenities: Complex includes a pool and spa for relaxation.
> Investment Opportunity: Rental income of $650 per week, offering an attractive potential yield of approximately 7%.
> Ideal for Investors, First-Time Buyers, corporates or downsizers: Strong cash flow and long-term potential.

Location Highlights:
> Local highlights; Saracens Head Hotel, Archie & Co Café, Archie & Co, The Greek on Halifax, Herringbone.
> Central to Everything: Enjoy the convenience of living in Adelaide's vibrant CBD, with an abundance of shops, cafes, restaurants, and entertainment venues right at your doorstep
> Public Transport Access: Excellent proximity to public transport options, including buses and trams, for easy access to the rest of the city.
> Close to Education: With universities and educational institutions nearby, this location is ideal for students or academic professionals.
> Liveability: Short walking distance to key city landmarks and beautiful parklands, playgrounds, ovals offering a balanced urban lifestyle.


Property Features:
Title Reference: TBC
Year Built: 1998

Council: City of Adelaide
Council Rates: TBC
Emergency Services Levy: TBC
SA Water: TBC

Title: Strata Titled
Strata manager: Whittles
Strata rate: $1355 per quarter

Rental / $650 per week currently tenanted till 27th June 2025



Disclaimer: Rental income and a sale guide suggest a potential yield, these figures are estimates only and do not guarantee returns. Investors should conduct their own due diligence. 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. RLA | 174424