Situated on the vibrant tree lined boulevard of Adelaide boasting amazing north facing views over North Terrace, the River Torrens Precinct and the iconic Adelaide Oval, this exciting opportunity is certainly not one to be missed!

Such a prime city location offering huge potential with Adelaide’s most talked about developments right at your doorstep. The ever developing River Torrens Precinct just keeps on giving with Adelaide Oval, Convention Centre, new Royal Adelaide Hospital, South Australian Health and Medical Research Institute (SAHMRI), South Australian Health and Biomedical Precinct (SAHBP) and the Uni SA Health Innovation Building (HIB).

First Class restaurants and bars are just a short walk away with gourmet shopping at nearby Central Markets and Gouger Street. Adelaide University, University SA and TAFE are all very close with secondary education zoning for Adelaide High School. Transport options easily accessible with the tram, Adelaide Train Station and major bus stops only a minute away.

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. Currently leased to the Oaks Hotels and Resorts for a guaranteed rental return of $391.42 per week after management and cleaning fees.

Also included in the sale is the secure carpark accessible from both Hindley Street and North Terrace. Choose to keep this well located carpark as a viable investment or use it for your own private use. Rental income for carpark to be advised.

Inside the apartment is well appointed throughout with a fully contained kitchen featuring Caesarstone bench tops and quality fixtures and fittings. This flows through to the light filled open plan living and dining area with direct access to the full width balcony framed by stunning views of directly over Adelaide Oval.

The generous bedroom features frosted windows to allow in natural light, built in robes and direct access to the two way bathroom complete with a spa bath/shower, quality finishes and a European style laundry with a washer/dryer. Accessing Foxtel and the internet is also made easy with data cable throughout the building.

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.

PROPERTY INFORMATION:

CT: 5903/803

Council: Adelaide City Council

Council rates: $1, 571.20 per annum (approx.)

SA Water rates: $205.00 per quarter (approx.)

Community Rates:
Admin Fund – $1,154.00 per quarter (approx.)
Sinking Fund – $207.00 per quarter (approx.)