906/39 Grenfell Street, Adelaide SA 5000

Top-floor CBD apartment | 3 beds + secure parking | Park views & pool | 5.6% yield | Walk to Rundle Mall This unit presents a competitively strong proposition within the Adelaide CBD, combining a rare three-bedroom configuration with secure parking and building amenities. Its top-floor position ensures tranquil park outlooks, differentiating it from typical one or two-bedroom stock. This combination best serves investors seeking high-yielding rentals or professionals desiring a low-maintenance, central residence with genuine space. The decision hinges on managing strata costs, which are material at over $1,500 per quarter, directly impacting net returns. The 2019 purchase price provides a solid base for capital growth assessment against current estimates. Hold this property as a long-term rental; its size and location command a premium in the CBD market, justifying the outgoings for a buyer focused on sustained yield and convenience.