501/88 Frome Street, Adelaide, SA 5000

501/88 Frome Street, Adelaide, SA 5000 Very Affordable Opportunity to purchase a ?Hands-Off? Investment.

Secure a long-term lease with a guaranteed income of $1,133 per month, plus annual increases.

Note: No stamp duty is payable on the purchase price, subject to Revenue SA approval.

This one-bedroom apartment, overlooking Frome Street, comes fully furnished and comprises bathroom, kitchenette, separate double bedroom with split-system air-conditioning and living dining area with small balcony overlooking the city skyline.

Fantastic East End location close to Rymill Park, Rundle Street and all the action.

Please note: This is a long-term investment, not suitable for owner-occupiers.

Inspect by appointment.

Specifications:

CT / 5717 / 722

Council / City of Adelaide

Zoning / CC

Year Built / 2000

Council Rates / $1236.95 p.a.

SA Water / $153.70 p.q.

ESL $78.70 p.a.

Strata Admin / $1007 p.q. / Sinking Fund $397 p.q.

#expectmore

RLA 62639