113/248 Unley Road, Hyde Park SA 5061

Studio apartment with resort amenities | Hyde Park village edge | 52sqm compact efficient floorplan | dual income strategy possible | strong rental demand zone The buying case here rests on a rare combination of low-entry price point into Hyde Park’s premium postcode and a building that functions almost as a private club, with pool, spa, sauna and gym. For a buyer seeking a lock-and-leave base or a high-yield rental hold, the 52sqm studio offers a genuinely differentiated position-most units in this bracket are either older walk-ups or lack communal infrastructure. The dual listing for both sale and rent signals a liquid market, and the $500/week rental guide suggests a gross yield near 6%, which is strong for an inner-south location. This property suits a cash-flow-focused investor or a downsizer who values lifestyle infrastructure over internal square metreage. The principal risk is the studio’s size and single-aspect configuration, which limits appeal to owner-occupiers seeking separate sleeping zones and may cap capital growth relative to one-bedroom apartments in the same complex. Buyers should verify the exact floor level and orientation, as lower-ground or rear-facing units can suffer from reduced natural light and street noise from Unley Road. The 2021 last-sale date means the vendor may hold a cost base that allows realistic negotiation; a pre-purchase depreciation schedule and strata report are non-negotiable. Holding strategy: buy for income and lifestyle amenity, not for rapid equity gain, and target a five-year hold with rental indexation to offset any softness in studio resale demand.