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Overview
Prime Investment Opportunity in Adelaide's Thriving East End
Positioned within the highly regarded Mantra Hindmarsh Square complex, this fully furnished two bedroom apartment presents an exceptional opportunity for investors seeking reliable returns and long-term capital growth in one of Adelaide's most sought-after CBD locations.
Conveniently situated, the apartment offers easy access to a wide range of amenities and attractions. Residents and guests can enjoy a short walk to Rundle Mall and Rundle Street, the South Australian Museum and Art Gallery, the Botanic Gardens, the iconic Adelaide Oval, Adelaide Zoo, and the River Torrens Precinct, among other notable destinations.
Currently integrated into the Hindmarsh Square Managed Investment Scheme, the apartment functions as hotel accommodation, generating income through a high occupancy pool. Investors benefit from an annual return of approximately $27,787.67, equating to an impressive yield of around 7.5% after management and operating expenses.
Adding to the investment's appeal, owners receive 14 nights of complimentary accommodation each year, providing the flexibility to enjoy the apartment for holidays, business trips, or personal stays.
The Mantra Hindmarsh Square has successfully operated this 'set and forget' investment model since approximately 2008. The complex features 24-hour reception, DJ's Diner & Bar, room service, and a fully equipped gym, ensuring premium comfort and convenience in the heart of the city.
Inside, the apartment boasts light-filled open plan living and dining areas, a well-appointed kitchenette, and a spacious private balcony overlooking the leafy Hindmarsh Square. Both bedrooms are generously sized with built-in robes, and the stylish bathroom is centrally located between them. Additional features include ducted reverse cycle air conditioning, secure building access, and lift service, providing year-round comfort and peace of mind.
This property represents an excellent opportunity to secure a high-performing, low-maintenance asset in a blue-chip CBD location. It is an ideal investment for those looking to participate in Adelaide's dynamic East End market.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Adelaide SA 5000
Market Insights for Adelaide SA 5000
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