39/107 Grote Street

Adelaide SA 5000

Currently leased to excellent tenants, this property offers immediate rental income, making it an ideal set-and-forget investment in a highly sought-after city location.
Spanning three functional levels, the home has been thoughtfully designed to maximise space, privacy and convenience.
The ground floor features a secure lock-up garage with internal access, a bedroom with a BIR and direct access to a private rear courtyard. On the first floor, two well-proportioned bedrooms are serviced by a central bathroom and separate WC, while the upper level is dedicated to open-plan living. Bathed in natural light, the spacious living and dining area seamlessly connects with the well-appointed kitchen, creating the perfect setting for everyday living and entertaining.

Whether you're an investor seeking strong rental returns, a professional looking for a lock-up-and-leave lifestyle, or a future owner-occupier wanting to enjoy the very best of city living, this property represents an exceptional opportunity in a tightly held location.

Why You'll Love It

• Prime CBD location in Adelaide's vibrant west-end precinct
• Currently tenanted, delivering immediate rental income
• Spacious three-level townhouse design
• Three generous bedrooms, all with built-in robes
• Ducted reverse-cycle air conditioning throughout
• Light-filled open-plan living and dining area
• Well-equipped kitchen with breakfast bar
• Secure lock-up garage with internal access
• Outstanding investment potential with strong tenant demand

The Ultimate City Lifestyle

• Walk to Adelaide Central Market and Chinatown
• Moments from Gouger Street dining precinct and entertainment venues
• Free City Tram nearby for convenient travel across the CBD
• Close to the University of Adelaide, UniSA and Adelaide University City Campus
• Minutes from Adelaide Oval, Festival Centre and Riverbank entertainment precinct

Specifications
Council / City of Adelaide
Zoning / Capital City
Built / 2004
Council Rates / $549.3 p/q (approx.)
Strata Rates + Sinking Fund / $320 + $70 p/q (approx.)

Secure a premium city lifestyle or an outstanding investment opportunity in one of Adelaide's most vibrant and tightly held precincts, where convenience, lifestyle and strong rental appeal come together seamlessly.

Inspection is the MUST! Please call Oscar 0433 644 039, Oliver 0430 826 461

RLA 339748

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 inquiries and obtain their own legal advice.