304/50 Sturt Street, Adelaide SA 5000

2-bed Ergo flat | north-facing 95m² | Adelaide High zone | $745/wk rent potential This property offers a rare combination of generous internal space and a north-facing private position within a well-regarded Ergo complex, built in 2015. For a buyer seeking a low-maintenance city-fringe base with strong rental yield, the 95m² floorplan and dual parking spaces provide a genuine edge over typical one-car apartments in the precinct. The Adelaide High School catchment and FTTP connectivity add practical appeal for professional couples or investors targeting consistent tenant demand. The primary risk is the 2023 purchase price of $571,000, which suggests limited short-term capital growth unless the market shifts upward. The $745 weekly rent estimate, while solid, may require some negotiation to achieve, particularly in a softening rental cycle. For a buyer, the commercial logic lies in holding for stable income rather than flipping; the unit works best as a long-term base or a reliable rental holding in a central location with good school access.