106/181 Waymouth StreetAdelaide SA 5000
Property Details for 106/181 Waymouth St, Adelaide
106/181 Waymouth St, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2024. The property has a land size of 32m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Unit sold in Adelaide in the last 12 months.
Last Listing description (August 2024)
Introducing Adelaide and The Cullinan
The Meridien Invest team has been looking for new investment opportunities for our clients that will deliver both high yields and are positioned for strong growth.
Adelaide is now a focus market for us as it represents value and the primary numbers really stack up. Plus, it is very affordable which opens up the opportunity to invest to more of our clients. Adelaide offers people an appealing lifestyle and is in No. 3 spot as the World's most liveable city. Affordability and appeal, mean more people choose to live here and that is going to underpin both rental and resale demand.
Meridien is an approved agent for The Cullinan apartment project in central Adelaide and we have exclusive incentives for our clients.
The Cullinan is a unique, prestige project in an outstanding location. Construction has commenced and there are still some good apartments available at prices that will prove to be exceptional value. Completion is scheduled for Q1 2024.
A Six Star Location
We love this central location. The very best of Adelaide is an easy walk. The lifestyle of this location will appeal to everyone, with parks, markets, cafes, restaurants, and more literally a block or 2 away.
The Cullinan is close to some of Adelaide's best schools plus the University of South Australia.
A Six-Star Luxury Project
Luxury is built into the apartments and the shared spaces.
The styling in apartments is top-shelf and has the latest designer finishes. There are timber floors, a designer kitchen with Miele appliances and Caesarstone benchtops, floor-to-ceiling windows, and more.
First impressions are lasting, and when you open the door to your new apartment, you are going to be impressed.
The building's architecture and resident facilities are impressive.
This is a project that you will be proud to be part of.
Plus Six-Star Facilities
An inner-city sanctuary for the people that call The Cullinan home.
- Indoor pool
- Rooftop garden
- Resident's deck with bbq and bar
- Security
- Gym
- Touchless controls
- Mobile-enabled controls
Smart and stylish to make life enjoyable and easy.
Plus, check out the automated valet carpark!
Investment Advantage
Adelaide opens up new opportunities for our clients with lower entry costs and attractive yields.
The Cullinan prices are very accessible for individuals and SMSF clients. The project is unique and very appealing - yet affordable.
Whether investing in a studio, 1 bedroom, or larger apartment, your property will be at the top of the list for qualified, quality tenants as it is such a great place to live. More appeal = more demand = higher yields and a better investment. This is a winning formula.
Yields are impressive and demand in this market is well beyond supply.
Apartment 106 Investment Profile
Why we picked this apartment:
- It is a great layout
- Big floor-to-ceiling windows let the light in
- Spacious
Contract Price $329,000
Rental Unfinished $430pw = 6.8% Yield
Furnished $460pw (furniture packages being developed. Estimated cost = C$10k)
Short-term Letting
Belle Escapes Adelaide can manage your apartment in the short-term letting space with rates at $160 per night for fully-equipped apartments.
We can evaluate the best management options for you closer to completion.
Belle Property in Adelaide is our partner for property management and will provide Meridien Invest clients with top-class service and a good fee structure.
Outgoings Estimates
Strata Fees $34.70pw
Council Rates $250/qtr
Water Rates $140/qtr
Meridien Invest Exclusive - Double Bonus
As a valued Meridien Invest client, you get more with apartment at The Cullinan.
1. Blinds to all sliding doors and windows
2. Matching fridge and washing machine
Bonus Value up to $5,000.
Get your investment off to an even better start.
How to Invest
Secure your choice of an apartment at The Cullinan with just $2,000 initial deposit and a balance of 10% when unconditional. Settle on completion in Q1 2024.
This is ideal for SMSF investors and individuals.
To get started, get in touch.
Property History for 106/181 Waymouth St, Adelaide, SA 5000
- 20 Dec 2024Sold for $339,000
- 07 Sep 2023Listed for Sale Adelaide CBD | $329k
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0About Adelaide 5000
The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of 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 18,484 properties. Over the last 5 years, Houses in Adelaide have seen a 42.19% increase in median value, while Units have seen a 34.49% increase. As at 30 November 2025:
- The median value for Houses in Adelaide is $1,174,343 while the median value for Units is $580,952.
- Houses have a median rent of $650 while Units have a median rent of $610.
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