1501/92 North Terrace, Adelaide SA 5000

This stunning executive apartment has it all! Situated in this ever expanding CBD location, choose to live in and enjoy an exciting city lifestyle or take advantage of the outstanding rental returns. Currently managed through the Oaks Hotels and Resorts for a fixed return of $2,040.51 per month ($470.90 per week).

The flexibility also allows you to manage the apartment yourself on a short term basis through companies such as Airbnb and Stayz or sit back and let one the reputable companies take care of it for you.

Apartments purchased for commercial purposes are also eligible for Stamp Duty Concession. For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land).

This city location is second to none with the iconic redeveloped Adelaide Oval, River Torrens Precinct and Adelaide's groundbreaking Medical Precinct at your doorstep. There is a huge choice of education facilities nearby, less than 500 metres away you'll find the University of Adelaide's medical and health sciences building and UniSA's City West campus, Health and Medical Clinic. Transport options easily accessible with the tram, Adelaide Train Station and major bus stops right at your doorstep.

All within a short walk you'll find first class restaurants, great shopping, the Adelaide Casino, The Entertainment Centre, Festival Theatre, Adelaide Convention Centre, Rundle Mall and the new Royal Adelaide Hospital.

Situated on the 15th floor this fully furnished apartment boasts north facing views over Adelaide Oval, North Terrace, River Torrens and the Medical Precinct. Inside the apartment features spacious open plan living and dining complimented with an abundance of natural light, neutral colour schemes and floor to ceiling glass sliding out to the generous balcony.

The kitchen well equipped with solid granite bench tops, quality fixtures and fittings and stainless steel Smeg appliances. The bedroom is great size with built in robes and frosted glass sliding doors through to the two way ensuite complete with modern finishes and a large spa bath.

Further features include a European style laundry with a washing machine, ducted reverse cycle air conditioning, excellent security with a swipe card system, video intercom and 24 hour reception in the newly refurbished foyer.

The complex also provides free access to the revamped resort style facilities complete with indoor heated lap pool, spa, sauna, and gym.
All of these excellent luxuries are maintained through the community fees.

Be the first to secure this excellent opportunity.

Council Rates: $2,186.30 per annum (approx.)

SA Water Rates: $188.79 per quarter (approx.)

Community Rates
Admin Fund: $985.00 per quarter (approx.)
Sinking Fund: $330.00 per quarter (approx.)