“Lifestyle Apartment with Amazing Views over Adelaide Oval.”
Adjacent the iconic Adelaide Oval and the exciting River Torrens Precinct, this completely refurbished apartment boasts an amazing city lifestyle or a prime investment opportunity offering even further potential with Adelaide's most talked about developments right at your doorstep.
The ever-developing River Torrens Precinct just keeps on giving with the redeveloped Adelaide Oval, Adelaide Convention Centre and the expansive Medical Precinct consisting of the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI), South Australian Health and Biomedical Precinct (SAHBP), Uni SA Health Innovation Building (HIB) and the Adelaide Health and Medical Sciences Building (AHMS).
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.
Choose to 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 tenanted through the Oaks Hotels and Resorts with a 50/50 return based on occupancy. Please note this return is temporary due to COVID-19 and should return by September/October to the guaranteed rental return scheme. Previously. $1,885.94 per month ($22,613.28 per annum) net after the Oaks have deducted their management and cleaning fees.
Inside the apartment offers spacious accommodation and has been completely refurbished throughout. Inside the apartment features a very well equipped kitchen complete with solid granite bench tops, stainless steel dishwasher and cooking appliances with an electric oven and 4 burner gas cook top.
There are two good size bedrooms both with built in robes, the main with east facing views and direct access to the balcony complete with sliding louvers for extra privacy The open plan living and dining is light filled and very spacious also with access through to the balcony.
Further features include ducted reverse cycle air conditioning, European style laundry and excellent security with a swipe card system, video intercom and 24 hour reception in the foyer.
The complex also offers everyday free use of the extensive facilities, all which are maintained through the community rates. Keep fit with the gym and indoor heated lap pool or relax in the spa and sauna.
A car park may also be purchased for $40,000 or leased from $250 per month (approx.)
Council Rates: To be advised
Water Rates: To be advised
Emergency Services Levy: To be advised
Admin Fund: $854.00 per quarter
Sinking Fund: $273.00 per quarter