1807/156 Wright Street, Adelaide SA 5000

High-floor CBD views | 2017 build | dual school zone | resort amenities | strong rental yield This unit presents a competitively strong proposition for an owner-occupier seeking low-maintenance city living or an investor targeting stable, high-yielding rental income. Its high-floor position with east-facing Adelaide Hills views is a genuine rarity in the market, enhancing both livability and capital appeal. The 2017 construction ensures modern finishes and building systems, reducing near-term maintenance risk. Zoning to two sought-after public high schools anchors long-term demand, particularly from families seeking urban convenience without compromising education access. The comprehensive building amenities directly support a premium rental profile and lifestyle positioning. Proceed with the understanding that quarterly strata levies are material and will impact net returns; budget approximately $1,800 quarterly for all outgoings. The 2023 sale at $710,000 against a current estimated value of $852,000 suggests notable equity growth, but this must be validated through a current, independent valuation. The property is best held as a long-term rental, leveraging its 4.7% yield and CBD location to ensure tenant demand. Its configuration and school catchment also provide a solid owner-occupier floor, making it a resilient holding.