101/268 Flinders Street, Adelaide SA 5000

Boutique 15-unit complex | City-edge with dual outdoor spaces | 120m² internal space in 1-bed | Designer kitchen & ducted AC This unit presents a competitively rare configuration for the city-fringe market, combining a boutique, tightly-held complex of only fifteen residences with a substantial 120-square-metre internal floor plan atypical for a one-bedroom apartment. The dual low-maintenance outdoor areas and designer Miele kitchen cater specifically to an owner-occupier or premium-renter profile seeking city proximity without compromising on spatial quality or privacy. Its position minutes from East-End dining and parklands solidifies its appeal for a professional seeking a low-maintenance lock-and-leave lifestyle with superior finishes. The primary decision point is the premium asked for space and boutique character against the backdrop of a 2022 resale, requiring scrutiny of capital growth justification in the immediate precinct. The absence of recent, precise comparable sales data for similar large-format one-bedroom units in this specific boutique building represents a material valuation risk. Proceed with an offer contingent on a property-specific valuation and strata review, targeting a yield aligned with the upper end of the provided rental range. A professional property report would ground your offer in verified local sales, detail strata health, and identify any locality risks affecting insurance or livability.