603/88 Frome Street, Adelaide SA 5000

603/88 Frome Street | 2 bed, 2 bath, secure park | furnished, tenant in place | top-floor, dual-key potential | CBD, Adelaide High zone This is a rare configuration for a CBD apartment. Two bathrooms and a secure car park are not common in this price segment, and the dual-key layout gives a buyer genuine flexibility – either as a pure investment with two income streams or as a live-plus-rent setup. The existing tenancy to April 2027 removes vacancy risk for an incoming investor, and the furnished status saves setup cost. The property serves best a buyer seeking immediate, hands-off cash flow in a central location with school catchment appeal, which adds a layer of future resale depth. The main risk is data inconsistency across sources – floor area, lot size, and exact rental figure vary, which means due diligence on title and a rental appraisal are non-negotiable before committing. The $700 to $800 per week rent spread is material to yield, so a buyer should confirm the actual lease terms. The top-floor position and double-glazed doors are genuine livability advantages that support both rental demand and owner-occupier appeal. Hold this property for steady CBD yield with low management overhead, or occupy and rent the second bedroom to offset costs.