411/180 Morphett Street, Adelaide SA 5000

2-bed 2015 build | ducted climate | dual car spaces | Adelaide High catchment | 5.4% yield This unit presents a competitively strong offering for an investor or professional seeking a low-maintenance holding in Adelaide’s core. Its 2015 construction date delivers modern efficiency with ducted heating and cooling, a practical advantage over older stock. The dual car accommodation, rare for a two-bedroom apartment, and its position within the Adelaide High School catchment create immediate tenant appeal and rental security. This property best serves a buyer prioritizing stable yield from a quality-built unit with minimal capital expenditure risk. Your decision hinges on the premium paid for recent rapid appreciation, approximately 25-35% since mid-2023. The planning overlays for bushfire and flood introduce negligible but perpetual compliance obligations. Secure this property at the lower end of its estimated range to preserve equity; its rental yield justifies a hold strategy of five to seven years, banking on continued inner-city densification and the enduring demand from the school catchment.