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Adelaide
1 Bed | 1 Bath |
The Basics
Stage 1 is scheduled for completion Q3 2024 so you could be living here or making money here quite soon.
Quality new apartments in the Adelaide CBD are hard to find and The Cullinan will set a new benchmark for city living in Adelaide. Be part of it.
Our clients have had a change of plan and asked us to sell their apartment.
Get in touch and talk to us about investing or living here.
Introducing Adelaide and The Cullinan
The Meridien Invest team has been looking for new investment opportunities for our clients that will deliver both high yields and are positioned for strong growth.
Adelaide is now a focus market for us as it represents value and the primary numbers stack up. Plus, it is very affordable which opens up the opportunity to invest to more of our clients. Adelaide offers people an appealing lifestyle and is in No. 3 spot as the World's most liveable city. Affordability and appeal, mean more people choose to live here and that is going to underpin both rental and resale demand.
Meridien is an approved agent for The Cullinan apartment project in central Adelaide and we have exclusive incentives for our clients.
The Cullinan is a unique, prestige project in an outstanding location. Construction is well underway and stage 1 is scheduled for settlement in Q3 2024.
A Six Star Location
We love this central location. The very best of Adelaide is an easy walk. The lifestyle of this location will appeal to everyone, with parks, markets, cafes, restaurants, and more literally a block or 2 away.
The Cullinan is close to some of Adelaide's best schools plus the University of South Australia.
A Six-Star Luxury Project
Luxury is built into the apartments and the shared spaces.
The styling in apartments is top-shelf and has the latest designer finishes. There are timber floors, a designer kitchen with Miele appliances and Caesarstone benchtops, floor-to-ceiling windows, and more.
First impressions are lasting, and when you open the door to your new apartment, you are going to be impressed.
The building's architecture and resident facilities are impressive.
This is a project that you will be proud to be part of.
Plus Six-Star Facilities
An inner-city sanctuary for the people that call The Cullinan home.
- Indoor pool
- Rooftop garden
- Resident's deck with bbq and bar
- Security
- Gym
- Touchless controls
- Mobile-enabled controls
Smart and stylish to make life enjoyable and easy.
Plus, check out the automated valet carpark!
Investment Advantage
Adelaide opens up new opportunities for our clients with lower entry costs and attractive yields.
The Cullinan prices are very accessible for individuals and SMSF clients. The project is unique and very appealing - yet affordable.
Whether investing in a studio, 1 bedroom, or larger apartment, your property will be at the top of the list for qualified, quality tenants as it is such a great place to live. More appeal = more demand = higher yields and a better investment. This is a winning formula.
Yields are impressive and demand in this market is well beyond supply.
Apartment 211 Investment Profile
Why we like this apartment:
- Great use of space
- Big floor-to-ceiling windows create a sense of light and space
- Nice outlook
Contract Price $398,500
Rental Unfinished $480pw = 6.3% Yield
You can achieve even more with a furnished apartment in the short-term accommodation program.
Short-term Letting
Belle Escapes Adelaide can manage your apartment in the short-term letting space with rates at $160 per night for fully-equipped apartments.
We can evaluate the best management options for you closer to completion.
Belle Property in Adelaide is our partner for property management and will provide Meridien Invest clients with top-class service and a good fee structure.
Outgoings Estimates
Strata Fees $35.33pw
Council Rates $250/qtr
Water Rates $140/qtr
How to Invest
Secure apartment 211, The Cullinan with just $2,000 initial deposit and a balance of 10% when unconditional. Settle of stage 1 is scheduled for Q3 2024.
This is ideal for SMSF investors and individuals.
To get started, get in touch.
Premium finishes including Miele appliances
Disclaimer
Plans and images are for illustration purposes only. All prices and information is current as at the published date. Meridien Group does not provide financial or legal advice and does not offer or imply warranties or guarantees of performance. Clients are advised to seek independent legal and financial advice before proceeding.
Acknowledgement of Country
We respect and honour Aboriginal and Torres Strait Islander Elders past, present and future. We acknowledge the stories, traditions and living cultures of Aboriginal and Torres Strait Islander peoples on this land and commit to building a brighter future together.