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ID #2700755
304/ 10 Balfours Way ADELAIDE   |   $245,000 - $265,000
1 1
Fuss Free Investment with 4.9% net return.

Take advantage of this excellent investment opportunity provided by the Oaks Hotels and Resorts or choose to enjoy an exciting urban lifestyle as an owner occupier, the choice is yours!

The Oaks management agreement is based on a 2 year period with a guaranteed rental return of $1,510.00 per month after management fees plus an average depreciation of $6.072.00 per annum over the next 20 years. A rent review is also done on a 12 monthly basis.

The apartment itself offers a generous bedroom with built in robes and plenty of natural light through the frosted glass windows. Enjoy the spacious light filled open plan living and dining that flows through to the full length all weather sunroom with bi-fold windows, perfect for alfresco dining and entertaining.

The kitchen is well appointed with solid bench tops, fridge, dish drawer and quality fixtures and fittings. The bathroom offers floor to ceiling tiles, large shower and quality finishes.

Security is excellent with video intercom and a restricted card access system to allow entry into the building and use of the lifts.

Further features of this very appealing apartment include reverse cycle a/c and smart wiring throughout the building.

Located on the 6th floor, all residents and guests are welcome to the use of the indoor heated lap pool, spa, sauna and steam room. All of these exciting benefits are maintained through the community rates.

This is a unique opportunity to purchase an apartment in one of Adelaide's most talked about locations at a very affordable price. 'Altitude' at The Precinct.

Council Rates - $310.00 per quarter (approx.)
SA Water - $205.10 per quarter (approx)
Community Rates - $986.00 per quarter (approx)  

Inspection Times
Contact agent for details

Features
Balcony
Broadband
Built In Robes
Dishwasher
In Ground Pool
Indoor Spa
Intercom
Outdoor Entertaining
Pay TV
Reverse Cycle AirCon

House Size
60 m2

Contact
Toby Shipway
M: 0413 600 919
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