No Sale No Charge
Contact for price

323 / 185 Morphett Street, Adelaide

For Sale
Property Type: Apartment
2 Beds 1 Bath 1 car space

Sleep, Swim & Steam - An Air BnB investment opportunity that will certainly impress!

Please call to arrange your viewing time.

Sleep, Swim & Steam has certainly made its mark on Air Bnb with over 270 very positive reviews.

Located within The Gallery complex, this short-term stay "legal" Air Bnb accommodation offering certainly produces a very healthy earnings stream for the current owner!

With formal approval from Adelaide City Council to legally operate as an Air Bnb, the red tape has been dealt with making this an ideal investment opportunity that has been correctly established.

Featuring 2 bedrooms and an enclosed balcony space forward of the lounge, there is also a dedicated private parking space for one vehicle within the complex.

As the title suggests, all occupiers of the apartment have access to the indoor swimming pool, spa and sauna!

Booked earnings in 2019, just as Covid-19 was making its presence felt around the world, was just over $56,000! Currently, for 2021, after all the *[email protected]# we have been through, booked earnings are still strong and in excess of $46,000, which stands testament to the strength of the domestic market during Covid-19.

The sale of this property includes all furniture and linen and other items within the apartment including current consumables on hand. The owner is willing to co-host the property in the initial phase of ownership transfer and can assist in the setting up of a new Air BnB account for the property on your behalf.

As of today, the property has bookings extending as far into 2022 as July!

Want to know more? Check out Sleep, Swim & Steam on Facebook or go to Air Bnb:

The owner has set this investment opportunity up with a very strong strategy placing very minimal requirements for personal input. It's up to you as to whether you want to still add the personal touches, as the owner does, or go fully set and forget!

Heating & Cooling

  • Air Conditioning

Outdoor Features

  • Balcony
  • Secure Parking
  • Swimming Pool - In Ground

Indoor Features

  • Broadband Internet Available
  • Built-in Wardrobes
  • Dishwasher


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