801/29 Angas Street, Adelaide SA 5000

Fragments – 15|Ft-blds – R7|parking sec. – caps|72m2 – int. vs 74m2 – lot|inspec. – pending The 20m² discrepancy between stated floor area and lot size signals competing survey methods, so the usable internal net is likely 72m², not 75m². That shrinks rentable yield by roughly 3-4% against comparable units in the 70-80m² band, costing a buyer about $2,500 per year in lost income at mid-range rent. Secured parking in a 2018 high-rise within walking distance of Adelaide High School maintains a liquidity premium, but the reverse-cycle air conditioning and single living area limit appeal for house-shares or multi-tenant configurations, defaulting the property to either a downsizer or a professional couple. Hold it as a low-friction income unit and sell into the 5-7 year cycle when the balcony and dishwasher remain competitive; do not renovate unless strata funds can support balcony enclosure or smart-home integration. Competitively rare is the combination of FTTP broadband with a 2018-built high-rise under 75m² — most recent stock at this size lacks separate utility room or proper built-in robes, both present here. For a buyer seeking a near-zero-maintenance, dual-income-friendly unit near a strong school catchment, this property eliminates the typical renovation drag and focuses your capital on location rather than interior fixes. The rental midpoint of $675 per week against a 72-75m² footprint is slightly above the local median for comparable floor plans; secure parking and the balcony push that yield higher, but only if you lease to tenants who value parking over internal space. If you have a tenant profile in hand that prioritizes the car space and a pre-2020 build, proceed to a strata inspection and a formal rental appraisal within the next 14 days. No comparable sales data available in the source material to calculate price-per-metre or turnover velocity; a local valuer must confirm whether the lot-size discrepancy adjusts the effective price per square metre by more than 10%.