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Currently leased to the Oaks Hotels and Resorts for a guaranteed gross return of $2,431 per month.
Situated in a prime location on the stunning North Terrace adjacent the iconic Adelaide Oval, Convention Centre and River Torrens Precinct, this spacious two bedroom apartment offers an a fantastic no maintenance city lifestyle.
Move straight in and enjoy all the advantages of no maintenance living in this fantastic location or reap the rewards of the viable rental returns on offer through a choice of reputable management companies.
The apartment offers very spacious accommodation with two generous bedrooms both with built in robes, the main bedroom with direct access to the two-way bathroom complete with a spa bath, separate shower, modern finishes and a European style laundry.
The generous kitchen features quality fixtures and fittings, plenty of cupboard and bench space and an island/breakfast. This overlooks the light filled living and dining that flows through to the full length balcony.
Further features of this lifestyle apartment include ducted reverse cycle air conditioning, video intercom and excellent security with swipe card access, 24-hour reception in the foyer and everyday free use of the resort style facilities including an indoor heated lap pool, spa, sauna and gym.
It's hard to imagine a better location, with the iconic Victoria Square, Central Market dining precinct, Botanic Gardens, and the Adelaide Train Station all within walking distance or a short tram ride away. It is perfectly located to enjoy Adelaide's festivals and the Tour Down Under. With a tram stop just outside, it's easy to access everything the Adelaide CBD has to offer, including Rundle Mall, the new Royal Adelaide Hospital, the University of Adelaide, UniSA's City West campus and TAFE. Or when it's time to escape the city, hop on a tram and head down to trendy Glenelg and enjoy the summer sunsets.
Specifications:
Council / City of Adelaide
Built / 2003
Council Rates / $2,134 p.a
Strata Rates / $1,273 p.q
SA Water / $153.70 p.q
Monthly Gross Rent / $2,431 p.q
*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.