Positioned on the top floor in the Embassy this stunning Penthouse Apartment boasts a contemporary city lifestyle with panoramic views over the city skyline, Adelaide Hills and breathtaking sunsets over the ocean. Looking for a no maintenance investment property, this fully furnished apartment is perfect for you also! Currently managed by the very reputable La Loft Apartments with a guaranteed rental return of $766.30 per week.

**Apartments purchased for investment purposes only and leased on a short term basis as a serviced apartment are eligible for Stamp Duty Exemption (Subject to Revnue SA Approval). For further information please go to the RevenueSA website – Stamp Duty on Transfer of Real Property (Land).**

Located on the vibrant North Terrace adjacent the exciting River Torrens Precinct and redeveloped Adelaide Oval, everything you could ask for is right at your doorstep. Attractions within short walking distance include first class restaurants, great shopping, Adelaide Casino, Festival Theatre, State Museum and Library, Entertainment Centre and Rundle Mall, just to name a few.

Uni SA, Adelaide University and TAFE are also very close by with public transport easily accessible with the tram and major bust stops located directly in front and the Adelaide Train Station only 100 metres away. For those in the medical industry, within 500 metres you’ll find the South Australian Health & Medical Research Institute, Royal Adelaide Hospital due to be completed in mid 2016 and the Adelaide dental school expected to open in mid 2017.

Step inside the apartment to be immediately impressed with practical floorplan and feeling of space on offer. The wide entrance hallway flows seamlessly through to the expansive open plan living and dining area with very high ceilings and huge floor to ceiling windows with electric curtains to go with it. Make your way through glass sliding doors to the full width balcony, a perfect space for outdoor entertaining or just enjoying an alfresco meal as you watch the sun go down.

The well equipped kitchen features stainless steel SMEG appliances and solid granite benchtops with a breakfast bar. On either side of the living area you’ll find the two double bedrooms. The main bedroom is excellent size with walk in robe, direct access to the balcony and luxurious ensuite complete with spa bath, his and her basins, large shower and frosted glass sliding doors. Bedroom 2, great size also with built in robes and direct access to the balcony. The main bathroom is conveniently located next to bedroom 2 and directly accessible from the living area.

A rare attribute with city living, this apartment also features 2 internal car parks with direct access from the car park via the swipe card activated lift straight to your floor. Further features include a European style laundry, ducted reverse cycle air conditioning for year round comfort, linen press, data cabling throughout and excellent security with video intercom and 24 hour reception.

All owners are also welcome to the recently revamped resort style facilities with the large heated lap pool, spa, sauna, steam room and gym. All which are maintained through the community rates.

Don’t miss out on this exceptional opportunity to reside in luxury in the ever expanding heart of Adelaide. Call Toby Shipway to arrange a private inspection. Ph: 0413 600 919

PROPERTY INFORMATION:

Council Rates: $2,068.20 per annum

SA Water Rates: $350.50 per quarter

Community Fees –
Admin Fund: $1,817.00 per quarter
Sinking Fund: $573.00 per quarter

ESL: $872.00 per annum