407/252 Flinders Street, Adelaide SA 5000

East End apartment | 1-bedroom city base | secure complex | foothill outlook | investor or first-home appeal This property positions a buyer within Adelaide’s most walkable precinct, where demand is sustained by proximity to Hutt Street, the university belt, and Rundle Mall. The eastern aspect and foothill outlook are uncommon for a one-bedroom unit at this price point and improve both liveability and re-sale differentiation. Security access, a rooftop garden, and private balcony are features that appeal to professionals and downsizers, making the unit suitable for either owner-occupation or investment with broad tenant appeal. The asking price sits above recent same-building sales, but the location and orientation justify a premium for buyers who prioritise convenience and natural light. The primary risk is the absence of confirmed parking, which may narrow the buyer pool in a car-dependent city and weaken rental demand for longer-term leases. Strata fees and any upcoming capital works levies are not disclosed here and should be verified before proceeding, as they directly affect holding costs. The unit’s floor level and exact view quality remain unconfirmed, and a lower-floor unit in the same building may trade at a discount. For an investor, the rental estimate in the upper-$400s to low-$500s per week implies a gross yield near 5.5 to 6 percent, which is reasonable for the East End but requires confirmation of actual lease history for this specific unit.