Perfectly positioned opposite Lot Fourteen in the City’s vibrant East End, this contemporary two bedroom apartment with allocated carpark set within the ‘Palais’ building, offers the perfect combination of lifestyle and investment in this landmark location. Nestled in an elevated third floor position on the Eastern side, this single-level sanctuary is ideal for first-time purchasers and investors alike.

Embraced by the beauty and historical buildings of North Terrace and only a stone’s from the delights of Botanic Gardens and Rundle Mall precinct, this is the ideal setting to experience the buzz and excitement of the Adelaide Fringe, WOMAD, and all the various festivals and events that take place in the City and its parklands throughout the year.

Beyond the secure key FOB entry, this spacious apartment sparkles under soft downlighting and features warm carpeted floors through the open plan living/dining/kitchen zone, kept comfortable year round by the split system air-conditioner. The deep grey tile-floored kitchen maintains the apartment’s streamlined efficiency with crisp white cabinetry including overhead cupboards and wine bottle storage, dishwasher, electric oven and cooktop.

Well-proportioned, the two carpeted bedrooms are fitted with built-in robes and enjoy eastern treetop views with beautiful Ayers House next door and glimpses of the Adelaide Hills visible across the rooftops. The monotone bathroom offers a modern vanity with storage, generous shower (tiled floor-to-ceiling), a separate w.c., and also includes a laundry alcove. This no-stress abode also offers secure lift access and designated basement car park (enter from either North Tce or Frome Road). Perfect for owners/occupiers – CBD workers, University/medical staff, or a City pad for out-of-towners, it is also a first class investment property and ideal accommodation for students with all
educational facilities close by – Adelaide University campuses, Uni of SA, TAFE, Medical School, Royal Adelaide Hospital and schools such as Adelaide Botanic High School, CBC, St Aloysius and Prince Alfred Colleges.

The free tram runs right past the front door and you can grab a latte from the ‘Community’ Cafe (iconic former RAH kiosk) just across the road. Whether you venture out for a taste of Rundle Street’s great shopping, dining and entertainment venues, exercise in the parklands, relax by the River, explore the Art Gallery, Library, Museum, or catch the tram to the Central Market, down to the Festival Centre and Adelaide Railway Station, this brilliantly positioned apartment delivers an ease of living and convenience that is second-to-none!

$395,000

CT: 5985/572
Council: Adelaide City Council
Council Rates: $1,804.20 per annum (approx)
Water Rates: $143.48 per quarter (approx)
Strata levy: $861 per quarter (approx)

OFFER FORM LINK

https://prop.ps/l/6Q6x8sVPUlZP

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RLA 275279