18/36 Franklin StreetAdelaide SA 5000
Property Details for 18/36 Franklin St, Adelaide
18/36 Franklin St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.
Last Listing description (August 2025)
If you're searching far and wide for an investment you can set and forget with a guaranteed income and not a finger to lift, the answer might be closer than you think.
Try right in the bustling heart of Adelaide's CBD, on the fourth floor of the historical Franklin Apartments building; a fully-furnished two-bedroom pad with a secure designated car park, open-plan kitchen and a guaranteed annual income of $26,849.
That income is guaranteed because the complex will take it from here, managing every guest that will lap up its perfect position near the Central Market, Rundle Mall, Riverbank precinct and more. The search is over.
Features we love...
- Fully furnished and managed
- Guaranteed yearly rental return makes it a sound investment/superannuation strategy, with a review of the return every January with a guaranteed CPI increase
- Lease back to Franklin Apartments on a 5 year lease
- No property management fees
- Two spacious bedrooms, both with built-in robes
- Large timber kitchen with stone benchtops, dishwasher and loads of storage
- Fully furnished
- Ducted temperature control
- Reception desk/services and very secure
- Designated car park
Council - City of Adelaide
Council Rates - $1,492.45 p/a
SA Water Rates - $1000.00 p/a (Estimate)
Emergency Services Levy - $372.25 p/a
Strata fees - $4857.80 p/a
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY - MAKE IT HAPPEN
RLA 275 403
Property History for 18/36 Franklin St, Adelaide, SA 5000
- 17 Oct 2023Listed for Sale Not Disclosed
Recent sales nearby
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About 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 18,787 properties. Over the last 5 years, Houses in Adelaide have seen a 43.98% increase in median value, while Units have seen a 37.56% increase. As at 31 March 2026:
- The median value for Houses in Adelaide is $1,210,028 while the median value for Units is $585,713.
- Houses have a median rent of $670 while Units have a median rent of $620.
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