141/61 Hindmarsh Square, Adelaide SA 5000

Fully furnished Studio apartment situated on the 6th floor of the 4.5 star Mantra Hotel in Hindmarsh Square plus a car park!

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 $16,114 representing an outstanding investment return of 8.25%. 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 room offers a queen sized bed plus built-in robes and a spacious bathroom. There is also a study desk, lounge suite, flat screen television plus fully equipped kitchenette with microwave and fridge. 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 / 5888/885
Council / City of Adelaide
Zoning / CC'13
Built / 2003
Internal / 39m2
Council Rates / $1,356.40pa
Strata / $498pq
SA Water / $203.55pq
ES Levy / $389.95pa