Part of the original Balfours redevelopment this stylish apartment ticks the important boxes for the investor, or the owner occupier.
This one bedroom apartment with King size bed; plus open plan living (including full kitchen and dishwasher) offers the option of an enclosed sunroom/balcony which extends the living options all year.
With secure access and hotel-reception in the downstairs lobby; the complex facilities include elevated pool (with glass walls and floor), spa and steam room.
In a competitive world with a variety of apartments to choose from, location or proximity to services is critical. No 185 Morphett Street (on the corner of Franklin Street) is wonderfully positioned between the Central Market and Chinatown, the Central Bus Station, the entertainment strip of Hindley Street and the cultural precinct of North Terrace.
Managed (for the investor) by the Oaks Hotel chain, a set return on investment (regardless of occupancy) and with generous clauses; makes this a most worthy investment. For the owner occupier, the strata-management fee offers an attractive live-in option for hotel accommodation whilst accruing an asset.