Luxury CBD Living | Adelaide

Introducing 1103B 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. Here is a unique opportunity to invest in the prestigious The Cullinan Apartments in the centre of Adelaide for just $359,800.

Demand for executive rentals in the CBD is very high. Apartment 1103B will standout as a great option with an unbeatable location and facilities.

The Cullinan will set a new benchmark for city living in Adelaide. Be part of it.

Completion and titles are scheduled for June 2025. Make your move now, and start making $$$$ on your investment sooner.

Get in touch and find out how to proceed.

Introducing Adelaide and The Cullinan

Adelaide is now a focus market for us as it represents value and the primary numbers stack up.

Adelaide offers people an appealing lifestyle and is ranked No. 3 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.

A Six Star Location

We love this central location. The very best of Adelaide is an easy walk, and the lifestyle of this location will appeal to everyone, with parks, markets, cafes, restaurants, and more just a block or 2 away.

The Cullinan is close to some of Adelaide's best schools, plus the University of South Australia.

WALKABLE LOCATION:

• 5min Walk to UniSA West Campus, TafeSA
• 8min Walk to Chinatown, Central Market, Adelaide High School
• 9min Walk to Tram Stop
• 10min Walk to University of Adelaide (Medical School)
• 12min Walk to Adelaide Railway Station, Skycity Casino & Convention Centre
• 15min Walk to Rundle Mall

A Six-Star Luxury Project

Luxury is built into the apartments and the shared spaces. The styling in all 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.

Plus, an appliances package is included along with blinds to the windows. Add a furniture package and the apartment is ready to deliver great investment returns.

First impressions are lasting, and when you open the door to this apartment, you are going to be impressed. The building's architecture and resident facilities are impressive. The finishes are all top shelf.

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 car park!

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.

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 1103B Investment Profile

Why we like this apartment:

• Great use of space
• Big floor-to-ceiling windows create a sense of light and space
• Lovely outlook with outside entertainment balcony

Contract Price: $359,800
Rental Unfinished: $480pw = 6.9% Yield

Our estimate for fully furnished is $550 per week, representing a gross yield of over 7.7%.

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 $945/qtr
• Council Rates $250/qtr
• Water Rates $140/qtr

How to Invest

Secure apartment 1103B, The Cullinan, with just a $2,000 initial deposit and a balance of 10% when unconditional. Titles are scheduled for June 2025.

This is ideal for SMSF investors and individuals.

To get started, get in touch.

Disclaimer

We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.

• Floor Plans
• Attachments

14157_The Cullinan Fact Sheet.pdf