227 North Terrace,
Adelaide, SA 5000
Please contact agent
Key property information
Map of 227 North Terrace
Train stations within 5 km of 227 North Terrace, Adelaide, SA 5000 Distance Tram Stop 144 m Adelaide Railway Station 663 m Mile End Station 2.3 km North Adelaide Station 2.6 km Adelaide Parklands Terminal 2.7 kmPOWERED BY HERE © Tram stops within 5 km of 227 North Terrace, Adelaide, SA 5000 Distance Tram Rundle Mall 459 m Tram Adelaide Railway Station 610 m Tram Pirie St 637 m Tram Victoria Square 991 m Tram City West 1 kmPOWERED BY HERE © Bus stops within 5 km of 227 North Terrace, Adelaide, SA 5000 Distance T1 North Tce - South Side 17 m G1 North Tce - North Side 45 m B1 Pulteney St - East Side 112 m Y2 Pulteney St - West Side 124 m Y1 Pulteney St - West Side 130 mPOWERED BY HERE ©
Residential portfolio providing commercial investment yield
- Average annual income of $175,000* net
- 9 fully refurbished apartments
- Incredible views across North Terrace
227 North Terrace represents an outstanding residential investment opportunity offering commercial level returns. The recently refurbished high quality apartments, in a highly sought after CBD location, offer secure long term income with a significant level of cashflow.
Positioned directly adjacent the Adelaide University and University of South Australia campuses, the location is underpinned by its convenient proximity to the Universities, State Library, State Museum, State Art Gallery and Rundle Mall.
Further key attributes include:
• 9 fully refurbished and furnished apartments with combined floor area of 586sqm*
• 6 year formal agreement with UniLodge expiring 2026
• Average annual income of $175,000* net, underwritten by vendor for 12 months
• Incredible views across North Terrace Cultural Boulevard, North Adelaide and Adelaide Oval
• Flexibility to set and forget, owner occupy, self-manage or sell down
• Enviable location directly opposite Universities, Rundle Mall, State Library, Art Gallery and Museum
For sale by Expressions of Interest.
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
Rhys Newman - 0477 881 2...
Alistair Mackie - 0412 817 9...
Jordan Schmidt - 0403 422 7...
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If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 503959882Last Updated: 18 Jan 2022