132/61 Hindmarsh Square, Adelaide SA 5000

2 bedroom fully furnished apartment situated on the 6th floor of the 4.5 star Mantra Hotel in Hindmarsh Square with views overlooking the majestic Adelaide Hills.

An excellent return and long term investment opportunity is available within a pooled community title investment scheme. The assessable income for the 2014/15 financial year was $24,688.95 representing an outstanding investment of 8.63%. Mantra recently completed a refurbishment and the apartment is being sold fully furnished. No need to appoint a managing agent, or concerns relating to loss of income while searching for tenants as Mantra handle all the details and maintenance in conjunction with the Community Corporation.

The bedrooms both offer built-in robes and 1 has a queen sized bed and the other a single bed. The bathroom is situated in between the bedrooms. Open plan living room with dining and study desk plus fully equipped kitchenette with hotplates, microwave, dishwasher and fridge. The apartment faces east and soaks up the panoramic views across Hindmarsh Square to the Adelaide Hills. The unit is stylishly decorated and enjoys loads of natural light.

As the new owner, you will benefit from access to 14 nights free accommodation per annum at the Mantra Hindmarsh Hotel.

Whether the hotel guests are travelling on business or leisure they will appreciate:

* reverse cycle air conditioning
* 24 hour reception
* room service
* concierge
* laundry facilities
* restaurant, cafe and bar
* gymnasium
* central location close to all the facilities within Adelaide


Specifications:
CT / 5888/876
Council / City of Adelaide
Zoning / CC'13
Built / 2003
Internal / 57m2
Council Rates / $1570.90pa
SA Water / $164.75pq
ESL / $373.80pa
Strata / $824.00pq