307/185 Morphett Street, Adelaide SA 5000

Trendy Lifestyle Apartment & Viable investment.

Located in the heart of the West End City Precinct this spacious one bedroom apartment offers an exciting cosmopolitan lifestyle or an excellent no maintenance investment opportunity.

Choose to move straight in and enjoy all the advantages of no maintenance living in this fantastic location or reap the rewards of the viable rental returns on offer through a choice of reputable short term and long term management companies.

Currently tenanted through the Oaks Hotels and Resorts for a guaranteed return of $1,313.18 per month after management and cleaning fees.

The location is fantastic with everything the city has on offer right at your doorstep. A huge choice of first class dining and is only a few minutes' walk away along Gouger Street plus an abundance of gourmet shopping at the Central Markets. Further attractions nearby include the River Torrens Precinct, Adelaide Oval, Convention Centre, Adelaide Casino and the new Medical Precinct just to name a few.

The apartment offers one generous bedroom with built in robes and a frosted glass windows to allow in natural light. The generous bathroom features floor to ceiling tiles and quality fixtures and fittings with a modern finishes.

The large light filled living and dining flows through to the full width balcony which converts to an all-weather sun room with toughened Bi-fold glass windows. A perfect space for entertaining guests or just enjoying the appealing aspect. The kitchen is well equipped with solid bench tops and stainless steel appliances.

Further features of this very appealing apartment include reverse cycle a/c, European style laundry and excellent security with a restricted card access system, intercom and 24 hour reception located in the ground floor reception.

Located on the 6th floor in the adjacent Altitude building, all residents are welcome to the use of the indoor heated lap pool, spa, sauna and steam room. All these exciting benefits are maintained through the community rates.

This is excellent value for money in such a prime city location. Don't miss out on this exciting opportunity!

PROPERTY INFORMATION:

Council: Adelaide City Council

CT: 6035/942

Council Rates: $1,520.00 per annum

Water Rates: $150.00 per quarter (approx.)

Community Rates:
Admin Fund: $760.00 per quarter (approx.)
Sinking Fund: $124.00 per quarter (approx.)

ESL: $355.00 per annum (approx.)