Property ID: 1P1809
1206/91-96 North Terrace ADELAIDE SA
- 2
- 1
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Apartment
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Sold
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7 sqm
SOLD BY TOBY SHIPWAY
Fantastic investment with excellent returns.
Based on a two year management agreement with the Oaks Hotels and Resorts this property makes for a very lucrative investment property with a guaranteed rental return of $2,174.79 per month after management fees. This is return is not based on occupancy and is paid to you each month regardless of whether the apartment is leased or not.
Along with the excellent returns there is also high future capital growth potential with the developments along the River Torrens Precinct, redevelopment of Adelaide Oval, Convention Centre, Sky City Casino, Festival Theatre, the new Royal Adelaide Hospital and the Research Centre.
Recently refurbished with new carpet, paint and a tasteful furniture package, everything has already done for you and everything you could hope for is included.
Features of the apartment include open plan living and dining with neutral colour schemes and excellent decor throughout. This flows through to the generous balcony with stunning north views over Adelaide Oval and south over the sparkling city lights.
The kitchen is well equipped with solid granite bench tops, quality fixtures and fittings and stainless steel Smeg appliances with gas cook top. Both bedrooms are great size with built in robes and the main bedroom direct access to the balcony. The bathroom is conveniently located between the two bedrooms for extra convenience.
Further features include a European style laundry with a washing machine, dryer and basin, ducted reverse cycle air conditioning, excellent security with a swipe card system, video intercom and 24 hour reception in the foyer.
The complex also provides free access of the indoor heated lap pool, spa, sauna, steam room, and gym.
All of these excellent luxuries are maintained through the community fees. Car parks may also be purchased from $40,000 or leased from $220.00 per week.
Be the first to secure this excellent opportunity.
Council Rates - $357.05 per quarter (approx.)
Water Rates - $182.43 per quarter (approx.)
Community Rates - $1,156.00 per quarter (approx.)
Based on a two year management agreement with the Oaks Hotels and Resorts this property makes for a very lucrative investment property with a guaranteed rental return of $2,174.79 per month after management fees. This is return is not based on occupancy and is paid to you each month regardless of whether the apartment is leased or not.
Along with the excellent returns there is also high future capital growth potential with the developments along the River Torrens Precinct, redevelopment of Adelaide Oval, Convention Centre, Sky City Casino, Festival Theatre, the new Royal Adelaide Hospital and the Research Centre.
Recently refurbished with new carpet, paint and a tasteful furniture package, everything has already done for you and everything you could hope for is included.
Features of the apartment include open plan living and dining with neutral colour schemes and excellent decor throughout. This flows through to the generous balcony with stunning north views over Adelaide Oval and south over the sparkling city lights.
The kitchen is well equipped with solid granite bench tops, quality fixtures and fittings and stainless steel Smeg appliances with gas cook top. Both bedrooms are great size with built in robes and the main bedroom direct access to the balcony. The bathroom is conveniently located between the two bedrooms for extra convenience.
Further features include a European style laundry with a washing machine, dryer and basin, ducted reverse cycle air conditioning, excellent security with a swipe card system, video intercom and 24 hour reception in the foyer.
The complex also provides free access of the indoor heated lap pool, spa, sauna, steam room, and gym.
All of these excellent luxuries are maintained through the community fees. Car parks may also be purchased from $40,000 or leased from $220.00 per week.
Be the first to secure this excellent opportunity.
Council Rates - $357.05 per quarter (approx.)
Water Rates - $182.43 per quarter (approx.)
Community Rates - $1,156.00 per quarter (approx.)
Features
- Air Conditioning
- Intercom
- Built-In Wardrobes
- Pool
