1110/15 Austin Street, Adelaide SA 5000

New build 2019 | 93sqm 2-bed 2-bath CBD | Secure car space | Premium building amenities | Prime university/tram proximity This property presents a competitively strong offering within the Adelaide CBD market, primarily due to its configuration and building quality. A 93 square metre two-bedroom layout with a secure car space and a study nook is a larger, more functional format than typical CBD stock, which is often smaller and lacks dedicated parking. Built in 2019, it represents newer construction with contemporary finishes. The extensive building amenities, including a lap pool and rooftop facilities, significantly exceed the standard for city apartments. This combination best serves an owner-occupier professional or an investor targeting the strong student and professional rental demand inherent to its location adjacent to the University of Adelaide and major transport links. Proceed with the understanding that the premium building amenities incur ongoing strata costs, which are not detailed but will impact holding costs. The lack of specific comparable sales data for the unit requires validation of the estimated value against recent building sales. The ‘no pets’ policy in the current rental listing may limit tenant appeal for a segment of the market. Given its attributes, this property is positioned as a premium CBD holding; secure it if due diligence on body corporate fees supports the yield, and hold for long-term capital growth driven by its scarcity and location.