Sold on 3rd of November 2023

55/21-39 Bentham Street Adelaide SA 5000

1 Bed
1 Bath
Sold $195,000
Property Features


  • Water Rates $153.70 per quarter
  • Council Rates $1483 per year
  • Strata Admin Fund $489.25 per quarter
  • Strata Sinking Fund $172.25 per quarter
  • Other Outgoings $278.50 per year

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For the astute investor; a boutique city apartment with a guaranteed income

When location is everything for anyone visiting our great city, it doesn’t get much better than Bentham Street; home to the boutique Franklin Street Apartment complex and this neat-as-a-pin one-bedroom hotel room that will look nice in anyone’s property portfolio.

With a guaranteed rental return of $16,069.32 per annum, it’s nice knowing you can set and forget an investment that is managed for you, all year round. No agency fees. No worries. Just a steady flow of income.

Its prime location in the heart of the CBD – just a short walk from the Central Market/Gouger Street, Adelaide Oval and Rundle Mall – ensures its longevity as a desirable place to stay, at a time when Adelaide has never been more appealing. Just set it and forget it.

⁃ Guaranteed rental return of $1339.11 per month (minus rates)
⁃ For investment purposes only
⁃ Placed quietly on the first floor of its historic inner city building
⁃ Fully furnished
⁃ Reception service and secure lift access to floor
⁃ Neatly presented hotel suite with large bedroom, bathroom and laundry facilities
⁃ Spacious open-plan living with super-functional kitchen
⁃ Heating/cooling provisions
⁃ Built-in robes
⁃ Walking distance from tram and bus stops
⁃ Close to the CBD’s major attractions

Certificate of Title – 5602/394
Council – City of Adelaide
Council Rates – $1,344.45 pa approx.
Water Charges – $788.31 pa approx.
Emergency Services Levy – $283.15 pa approx.
Body Corporate Fees – $2,646.00 pa approx.

RLA 286513


Wilson Bock

Wilson Bock

Sales Associate – Team Loudon

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Ouwens Casserly Real Estate is one of South Australia’s largest privately owned residential and development real estate agencies. If you are looking for a real estate agent in Adelaide, then we can help you.