Positioned in the north-west corner of the Embassy, this prime city apartment boasts amazing north facing views of Adelaide Oval, the River Torrens, Convention Centre and North Terrace while the west facing aspect welcomes you with panoramic sunsets over the ocean, birds eye view over the West End and a direct view into the new, state of the art Medical Precinct.

Fully furnished with absolutely everything included, take advantage of the viable returns on offer. Based on a two year management agreement with the Oaks Hotels and Resorts it makes for a very lucrative investment property with a guaranteed rental return of $510.63 per week after management fees and cleaning fees. This return is not based on occupancy and is paid to you each month regardless of occupancy.

Inside the apartments features bright and light open plan living and dining with neutral colour schemes and excellent decor throughout. The kitchen is very well appointed with solid granite bench tops, quality fixtures and fittings and stainless steel Smeg appliances.

Both bedrooms are great size with built in robes and the main bedroom with west facing views. The bathroom is conveniently located between the two bedrooms.

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 and gym.

Be the first to secure this excellent opportunity!

PROPERTY INFORMATION:

CT: 5859/109

Council Rates: $1,713.80 per annum (approx.)

Water Rates: $178.44 per quarter (approx.)

Community Rates:
Admin fund – $990.00 per quarter (approx.)
Sinking Fund – $ 360.00 per quarter (approx.)

Emergency Services Levy: $512.55 per annum (approx.)