2301/29 Angas Street, Adelaide SA 5000

North-facing high floor | 93m² with rare balcony | 8 per level, 3 lifts | 5.2% yield potential This unit’s competitive edge lies in its configuration and position. At 93m² with a north-facing balcony and floor-to-ceiling glazing, it offers light and space rare in CBD high-rises. The 2018 build, secure parking, and storage cage reduce compromise for an owner-occupier or tenant. The 5.2% rental yield signals strong demand, and the 17.4% suburb growth suggests capital upside. This property suits a buyer seeking a liveable city base with genuine rental cover, not just a speculative hold. The main risk is that the 13m² lot size limits land-value leverage; this is a strata play, not a land play. The 2019 last sale and current listing date imply possible holding cost for the seller, which may open negotiation room. For the buyer, the opportunity is to secure a high-floor, low-density-floorplate unit in a growing market. Hold for steady rental income and moderate capital growth, not a quick flip.