204/10 Balfours Way enter via 185 Morphett Street, Adelaide (cbd) SA 5000

Take advantage of the outstanding rental returns provided the Oaks Hotels and Resorts with a guaranteed return of $1,324.72 per month after management fees plus an average depreciation of $6,072 per annum over the next 20 years making it a fantastic yield return of 8%.


You may also choose to live in the apartment as an owner occupier and enjoy low maintenance city living at its best in this spacious one bedroom apartment.

The apartment offers one generous bedroom with built in robes and plenty of natural light through the frosted glass windows.
Enjoy the spacious light filled open plan living and dining that flows through to the full length all weather sunroom with bi-fold windows, perfect for alfresco dining and entertaining.

The kitchen is well appointed with solid bench tops, fridge, dish drawer and quality fixtures and fittings. The bathroom offers floor to ceiling tiles, large shower and quality finishes.
Security is excellent with video intercom and a restricted card access system to allow entry into the building and use of the lifts.

Further features of this very appealing apartment include reverse cycle a/c and smart wiring throughout the building.

Located on the 6th floor, all residents and guests are welcome to the use of the indoor heated lap pool, spa, sauna and steam room. Further facilities to be completed include: Outdoor pool, squash court, bowling alley, Tai chi deck, Zen garden, Yoga studio, gymnasium, private DVD cinema, media centre, library and bar and lounge. All of these exciting benefits are maintained through the community rates.

This is a unique opportunity to purchase an apartment in one of Adelaide's most talked about locations at a very affordable price.
'Altitude' at The Precinct.

Council Rates: To be advised
SA Water Rates: To be advised
Community Rates: $860.00 per quarter