32/82 King William Street, Adelaide SA 5000

2 bedroom, furnished apartment with 2 bathrooms. Located on the 4th level in an Adelaide icon building on the corner of Grenfell and King William Street.

A secure hassle free, positive investment opportunity in the heart of the CBD.

Long lease in place. with 4% increase per annum until 2022
Rent from 1st November 2014 is $34,688 per annum ($667 per week)

Ideal for self managed super funds or long term investors, with a gross return of 9.5% and a net return after outgoings of over 6%. Excellent depreciation schedule available.

Outgoings:
Rates: $1570.65 PA
Strata Community: $2078.00 PQ
Emergency Services Levy: $367.60 PA
SA Water: $206.42 PQ