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Sold for $399,000
511/185 Morphett Street
Adelaide SA 5000
Floorplan
1 Bedroom 1 Bathroom 59m2 Land Size 54m2 Floor Area

Stylish Inner-City Investment or Home Base in 'The Gallery'

Welcome to Apartment 511 – perched in Adelaide's buzzing west end, right in the heart of the action. Whether you're after a city crash pad, a low-fuss investment, or a future home base, this one-bedroom apartment in "The Gallery" offers flexibility, comfort, and a lifestyle that's hard to beat.

Currently set up as a holiday rental, Apartment 511 is already doing the hard yards for investors – generating income from day one. But for future owner-occupiers, it's also the perfect chance to secure your spot in one of the CBD's most connected and lively precincts. Work, uni, coffee, dumplings, the markets… all just a short stroll away.

Step inside and you'll find a light-filled open-plan layout that punches well above its weight. The kitchen comes fully loaded with gas cooking, and stainless steel appliances – yes, there's even a dishwasher (because who wants to do dishes in the city?). The living area opens up to an enclosed balcony with bi-folding glass windows – the perfect little sunroom, study nook, or spot for a lazy wine after work.

The bedroom is generously sized and includes built-in robes and a handy desk, while the sleek modern bathroom features floor-to-ceiling tiles and quality finishes. There's also a European-style laundry tucked away, reverse-cycle air conditioning to keep things comfy year-round, and secure building access with intercom and lift.

But wait, there's more – the building itself is stacked with perks.
Residents get access to a heated indoor lap pool, spa, sauna and steam room – all located in the neighbouring Altitude building. It's basically a wellness retreat, minus the awkward green juice. There's also 24-hour reception, secure access, and professional on-site management, making this an easy-care option whether you're living in or letting it out

Apartment 511 Highlights:
• One spacious bedroom with built-in robes & study nook
• Open-plan living/dining with enclosed balcony (aka bonus chill zone)
• Modern kitchen with gas cooktop, dishwasher & stone benchtops
• Sleek bathroom with floor-to-ceiling tiles
• European laundry
• Reverse-cycle air conditioning
• Secure building with lift, intercom & 24-hour reception
• Currently operating as a holiday rental – ready-made investment or future home

And yes, there's more – Complex Perks Include:
• Heated indoor lap pool
• Spa, sauna, and steam room
• Professional on-site management
• All just a hop, skip and a latte from Light Square, UniSA, TAFE SA, Central Market, Chinatown, and public transport

Whether you're a savvy investor looking for solid returns, or just someone who wants to roll out of bed and into everything Adelaide has to offer – this one's worth checking out.

Property Details
Title / Secondary Community Strata Plan / 6035/992
Total Building / 59.3sqm (approx)
Year of Build / 2009 (approx)
Zoning / CC – Capital City
Council / City of Adelaide
Council Rates / $1,714.2 p.a (approx)
Body Corp Fees / $1,162 p.q (approx)
Easements / NA
Encumbrance/ NA
Current Rent / $2058.33 per month

Please contact Nick Bevan on 0407 917 456 for further information.

Disclaimer: RLA 237185 – This advert contains information and imagery which is believed to be accurate based on our sources and/or inspections of the property before or at the time of advertising. Prospective purchasers or other parties should make their own enquiries about the validity and accuracy of this information and view the property before making any purchasing decisions.

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