102/82 Frome Street, Adelaide SA 5000

SOLD with 3 offers - 4473 web visits

If you are looking for an apartment investment in the Adelaide CBD this one is worth your time. Located on the first floor within an iconic & prestigious tower modelled on The Ritz in France, including 2 fully serviced properties in 1, the apartment features a double bedroom with private balcony access through French doors, and is self-contained with living, dining, kitchen, bathroom & laundry facilities. Alongside is a 1 bedroom studio with en-suite and private balcony. Both properties were re-furbished within the last 5 years. Other features include undercover car parking (x1) and reverse cycle air conditioning.

The combined properties are leased (approx. $30,000 p/a) to Mantra until December 2029. Full lease documents available on request.

This is a low-risk, low-stress investment. Ideal as a 1st investment or one to add to your portfolio/super fund, Mantra takes the hassle out of investing - they find the tenants!

Sold on a walk-in/walk-out basis, everything is included, right down to the utensils! A full list of inclusions is available on request.

Superb cosmopolitan city location on the corner of Frome & Grenfell Streets - walking distance to Rundle Mall shopping, Rundle Street restaurants/cafes & Universities/CBD offices.

Inside
* r/c air-conditioning
* kitchen: microwave oven, dishwasher, hotplates
* built-in robes to both bedrooms

Outside
* 2 x spacious balconies

Location
* convenient to shopping, transport, restaurants/cafes, East parklands

Non-standard Inclusions:

A full list of inclusions is available on request
General Information:
C/T: 5717/683
Council: Adelaide City Council
Zoning: CC- Capital City Zone
Council Rates: $1,856.25 pa
Strata Fee: $1,654.75 pqtr
Strata Manager: Adelaide Strata & Community Management
SA Water: $261.56 pqtr
ES Levy: $560.65 pa
Built: 1999 approx
Web ID = SPM3567