Property ID: 1P0282
508/96 North Terrace ADELAIDE SA
$ 268,000
- 1
- 1
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Apartment
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Sold
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7 sqm
Above 5% net return!
TOUR OF THE EMBASSY APARTMENTS HELD THIS SUNDAY 16TH FEBRUARY AT 12PM SHARP. MEET IN THE FOYER.
Currently leased through the Oaks Hotel and Resorts with a guaranteed rental return of $1,671.79 per month after management and cleaning fees. Completely refurbished throughout with all new furnishings, this viable investment boasts a net yield return of 5.4 - 5.8% (approx.).
**This apartment is also applicable
for Stamp Duty Exemption (Subject to Revnue SA Approval). For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land).* That's a saving of approximately $10,000!
Everything city living has to offer is right at your doorstep with an abundance of first-class restaurants and great shopping to choose from all within walking distance. Further attractions include the iconic Adelaide Oval, Casino, Entertainment Centre, Festival Theatre, Convention Centre, new Royal Adelaide Hospital, South Australian Research and Medical Research Institute and much more.
Adelaide University, Uni SA and TAFE are all within a few minutes and transport options easily accessible with the tram, Adelaide Train Station and major bus stops all within a very short walking distance.
This apartment features a well appointed fully contained kitchen with solid granite bench tops and quality fixtures and fittings. This flows through to the light filled open plan living and dining area that lead you through to the quiet and private balcony.
The spacious bedroom features built in robes, frosted windows to allow in natural light and a sparkling ensuite.
Other features of this lifestyle apartment include a European style laundry, ducted reverse cycle air conditioning, video intercom and excellent security with swipe card access and 24-hour reception in the foyer.
The complex also offers everyday free use of the extensive facilities, all which are maintained through the community rates. Keep fit with the soon to be refurnished gym and indoor heated lap pool or relax in the spa and sauna.
PROPERTY INFORMATION:
Council Rates: $1,773.00 per annum (approx.)
Water Rates: $156.20 per quarter (approx.)
Community Rates
Admin: $503.00 per quarter (approx.)
Sinking: $161.00 per quarter (approx.)
Emergency Services Levy: $306.55 per annum (approx.)
Currently leased through the Oaks Hotel and Resorts with a guaranteed rental return of $1,671.79 per month after management and cleaning fees. Completely refurbished throughout with all new furnishings, this viable investment boasts a net yield return of 5.4 - 5.8% (approx.).
**This apartment is also applicable
for Stamp Duty Exemption (Subject to Revnue SA Approval). For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land).* That's a saving of approximately $10,000!
Everything city living has to offer is right at your doorstep with an abundance of first-class restaurants and great shopping to choose from all within walking distance. Further attractions include the iconic Adelaide Oval, Casino, Entertainment Centre, Festival Theatre, Convention Centre, new Royal Adelaide Hospital, South Australian Research and Medical Research Institute and much more.
Adelaide University, Uni SA and TAFE are all within a few minutes and transport options easily accessible with the tram, Adelaide Train Station and major bus stops all within a very short walking distance.
This apartment features a well appointed fully contained kitchen with solid granite bench tops and quality fixtures and fittings. This flows through to the light filled open plan living and dining area that lead you through to the quiet and private balcony.
The spacious bedroom features built in robes, frosted windows to allow in natural light and a sparkling ensuite.
Other features of this lifestyle apartment include a European style laundry, ducted reverse cycle air conditioning, video intercom and excellent security with swipe card access and 24-hour reception in the foyer.
The complex also offers everyday free use of the extensive facilities, all which are maintained through the community rates. Keep fit with the soon to be refurnished gym and indoor heated lap pool or relax in the spa and sauna.
PROPERTY INFORMATION:
Council Rates: $1,773.00 per annum (approx.)
Water Rates: $156.20 per quarter (approx.)
Community Rates
Admin: $503.00 per quarter (approx.)
Sinking: $161.00 per quarter (approx.)
Emergency Services Levy: $306.55 per annum (approx.)
Features
- Intercom
- Built-In Wardrobes
- Pool
