Situated on North Terrace in Adelaide’s most talked about city location adjacent the iconic Adelaide Oval and the River Torrens Precinct, this fully furnished two bedroom apartment offers an excellent low maintenance lifestyle and or a lucrative investment opportunity.

The flexibility of these apartments allows you to do as you please. Live in as an owner occupier, lease the apartment privately or take up the option of the fuss free management agreement provided by a choice of management companies. Currently managed by the Oaks Hotels and Resorts for a guaranteed $1,870.78 per month after management and cleaning fees.

With the redevelopment of Adelaide Oval, expansion of the Convention Centre, upgraded Sky City Casino, retail promenade at the Festival Plaza, development of the River Torrens Precinct and the new Royal Adelaide Hospital this fantastic location is getting better and better.

Transport options are easily accessible with the tram, Adelaide Train Station and major bus stops all within a very short walking distance. There are of course also many great shopping and dining choices nearby.

Positioned on the 13th floor in south east corner of the Embassy, take in the stunning sunset views over the ocean, West End City Precinct and the Adelaide Hills. On entry you are welcomed with the wide entrance hallway and well equipped kitchen complete with solid granite bench tops, stainless steel dishwasher and Smeg cooking appliances with an electric oven and 4 burner gas cook top.

The spacious open plan living and dining area is light and bright with large floor to ceiling windows overlooking the sparkling city lights and Adelaide Hills. This flows through to the generous balcony, perfect outdoor area for entertaining guest and just taking in the stunning views.

The two bedrooms are great size both with built in robes, the main bedroom with views over the city. The bathroom is conveniently located between the bedrooms with modern finishes.

Further features include ducted reverse cycle air conditioning, European style laundry complete with a washer and dryer, excellent security with a swipe card system, video intercom and 24-hour reception in the foyer.

Recently revamped, the complex also provides free access to the fantastic facilities including indoor heated pool, spa, sauna, plunge pool and well equipped gym.

This is an excellent opportunity to invest in one of the CBD’s best locations. Live in as an owner occupier and enjoy a low maintenance city lifestyle or take advantage of this prime location and reap the benefits as an investment property, the choice is yours.

PROPERTY INFORMATION:

CT: 6043/809

Council Rates: To be advised

SA Water Rates: To be advised

Community Rates
Admin Fund: $1,048.00 per quarter (approx.)
Sinking Fund : $341.00 per quarter (approx.)