201/242 Flinders Street, Adelaide SA 5000

What a great investment opportunity! Imagine you own city apartment under the National Rental Affordability Scheme (NRAS). Currently tenanted until 04/02/2022 as part of the NRAS scheme with an income of $ 324.50 per week PLUS an annual incentive of $11,124 (approx.). Return on investment is 8.5% gross or approx. $27,980 (including NRAS incentive payment).

This stylish apartment perfectly located at the leafy eastern end of Flinders Street offers a quiet space near lush-green parklands. The vibrant Hutt Street and the site of the Adelaide Fringe Festival are only short stroll away. You couldn't imagine a more convenient location for an unparalleled café culture and easy access to amazing restaurants and shops.

What we love about this property:

* Main bedroom with built in robe and direct access to the two-way bathroom
* Bedroom 2 can be used as a study/work office for those working from home
* Reverse cycle air-conditioning for year- round comfort
* Open plan kitchen with quality fixtures & fittings complemented with island
breakfast bar table
* Dishwasher for your smooth kitchen operations
* Generous living and dining with an abundance of natural light & nice South-
Eastern Hills view through the windows
* European laundry that is tucked away out of view
* Intercom access plus secure access

SA Water | $154 per quarter (approx.)
Council Rates | $321 per quarter (approx.)
ESL | $126 per annum (approx.)
Strata | $749 per quarter (approx.)

For any further details and inspection times please contact Rohit Graak on 0433 377 892.

Disclaimer:
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