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If you're looking for a hands-off investment with guaranteed income and zero hassle, this property might be exactly what you need. With a solid annual return of $25,362, this is a smart investment that's easy to maintain.
Situated on the 2nd floor of the historic Franklin Apartments building in the lively heart of Adelaide's CBD, this fully-furnished, two-bedroom apartment is an affordable entry point for investors.
This flexible property is primed to enhance your portfolio. Secure this fantastic opportunity in one of Adelaide's most desirable locations, with Central Market, Rundle Mall, the Riverbank precinct, and more just a short stroll away.
What we love:
- Fully furnished and professionally managed
- Operates under a lease-back/rent-back arrangement
- Lift access
- No property management fees
- Guaranteed annual rental income (if leased back), offering a reliable -Investment/superannuation option with reviews every two years and likely CPI increases
- Low annual fees
- Ducted climate control
- Reception desk and services, providing added security
The search for a smart, low-maintenance investment ends here!
CT Reference - 5602/383
Council - City of Adelaide
Zone - CC - Capital City
Council Rates - $1,385.35 pa
SA Water Rates - $165.55 pq
Emergency Services Levy - $349.95 pa
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY ? MAKE IT HAPPEN?
RLA 275403"