Affordable CBD Living | Under $400k

The Basics

Stage 1 construction is completed and titles will be issued soon. You could be living here or making money from this in-demand Adelaide CBD apartment 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.

The project is SOLD OUT and Meridien has some exclusive resale opportunities for smart buyers that recognise value.

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.

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 will 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 $398,000
Rental Unfinished $480pw = 6.3% Yield

You can achieve even more with a furnished apartment as there is clear demand from a mix of market segments.

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. Titles are due soon so there is not a long lead time before you can have the keys.

This is ideal for SMSF investors and is also ideal as an Adelaide CBD city stay home or first home. Priced at under $400k, it is an affordable way to live the Adelaide city life.

To get started, get in touch.

• Floor Plans
• Attachments

14157_The Cullinan Brochure.pdf

Adelaide Unit market.pdf