603/88 Frome Street, Adelaide, SA 5000 | Apartment for sale | OnTheHouse
 
FOR SALE
$625k - $665k

603/88 Frome Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Land area: 76m2
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Fully Let. Fully Furnished. Fully Sorted.

Adelaide CBD has dozens of apartments on the market right now. Most need work, most need furniture, most need a tenant found. This one needs none of that.
603/88 Frome Street is already doing the job an investment property is supposed to do - generating rental income from day one, fully furnished, with a quality tenant locked in until April 2027. You buy it, your accountant smiles, and you move on with your day.
What makes this one different
It's dual key. Two separate bedrooms, each with its own bathroom, balcony with double-glazed doors, and built-in wardrobe. That flexibility is rare in the CBD and is part of why this apartment has rented consistently - currently at $700/week.
What you're buying
- 2 bedrooms, 2 bathrooms, 1 secure car space
- Fully furnished - every item stays
- Currently tenanted on a strong weekly rent
- Lease in place until April 2027
- Level 6 being the top floor, east-side of the CBD
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Property Details for 603/88 Frome St, Adelaide

603/88 Frome St, Adelaide is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 76m2 and floor size of 68m2. The place is currently for sale with Magain Real Estate.

Building Type
Apartment
Floor Size
68m2
Land Size
76m2
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the total area. The population of Adelaide in 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation.In 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.

Adelaide has 18,840 properties. Over the last 5 years, Houses in Adelaide have seen a 47.46% increase in median value, while Units have seen a 49.35% increase. As at 30 April 2026:

  • The median value for Houses in Adelaide is $1,267,157 while the median value for Units is $605,534.
  • Houses have a median rent of $665 while Units have a median rent of $620.
There are currently 154 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1273 properties were sold in the past 12 months in Adelaide.

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Baz Rampal
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Sam Raven
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Magain Real Estate
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