4/44 Melbourne Street, North Adelaide SA 5006

For Sale $385,000 - $410,000

  • 2 Bed
  • 1 Bath
  • 1 Car

Cosmopolitan Living

A tremendous opportunity in the heart of North Adelaide. Enjoy living in or renting out this perfectly positioned 2 bedroom apartment that is sure to impress!

Features include:

- 2 spacious light filled bedrooms

- Generous open plan living/dining area

- Entertainer’s balcony with outlook view to Melbourne Street

- Kitchen with breakfast bar, gas cooktop and ample cupboard and bench space

- Spacious bathroom has bath, separate shower and laundry facilities

- Convenient separate W.C

- New carpet throughout

- Contemporary neutral tones and freshly painted throughout

- Split system air-conditioning

- Secure automatic gated entry

- Single secure carpark

- Rental potential of $350 per week (approx.)

It’s all here! Enjoy the vibrant Melbourne Street cosmopolitan lifestyle with cafes and restaurants, enjoy the convenience of public transport, a 5 minute commute to the Adelaide CBD and walking distance to Adelaide Oval and the Riverbank Precinct. Welcome to 4 /44 Melbourne Street, North Adelaide!

(You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.)


INVESTORS - This property maybe positively geared and generate a net income of $10 per week

HOME BUYERS - Loan repayments are $357 per week

- Assumptions

Purchase price of $410,000

Investors joint income of $100,000

Interest rate of 3.89% at 80% LVR

Rental income of $350 per week

All figures are estimates for modelling purposes only, including estimated tax deductions and property expenses. Ensure you seek your own individual advice.

Contact Riannon from Johnston Grocke for finance advice on 8303 0300

Make enquiry



This property is proudly listed by:

First National Real Estate Riggall 469 Regency Road
Prospect SA 5082

Open for Inspection

Sat 23 Feb, 2:00pm - 2:30pm

Additional information

Property Type Unit
Property ID 11379102985
Price $385,000 - $410,000