406/102 - 105 North Terrace, Adelaide SA 5000

Situated on the 4th floor in the North East corner of The Horizons in a fantastic location with excellent views along the tree lined North Terrace. Everything is made easy in this ideal location, great shopping & dining, public transport all within short walking distance.

Directly opposite is the exciting River Torrens Precinct with Adelaide Oval, the Convention Centre, Sky City Casino and the Adelaide Festival Centre. 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.

Fully furnished with absolutely everything included, choose to reap the excellent fuss free rental returns provided by the Oaks Group, lease the apartment out privately or enjoy the city vibe as an owner occupier. Currently managed by the Oaks Hotels and Resorts for a guaranteed income of $2,002.25 per month ($466.67 per week) after the Oaks have deducted their management and cleaning fees.

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).

The apartment offers very spacious accommodation with two generous bedrooms both with built in robes, the main bedroom with its own private balcony and direct access to the two-way bathroom with a spa bath, separate shower, modern finishes and a European style laundry complete with a washer/dryer.

The generous kitchen features quality fixtures and fittings, plenty of cupboard and bench space and an island/breakfast. This overlooks the light filled living and dining that flows through to the full length balcony overlooking North Terrace.

Further features include ducted reverse cycle air-conditioning for all year round comfort and excellent security with video intercom, swipe card system to access all areas and 24 hour reception located in the foyer.

Last but not least are the great facilities with an indoor heated lap pool, spa, sauna, plunge pool and gym. All of these wonderful benefits are maintained through the body corporate rates.
This is an excellent opportunity to invest in one of the CBD's best locations. Live in as an owner occupier and enjoy a low maintenance city lifestyle or take advantage of this prime location and reap the benefits as an investment property, the choice is yours.

Located directly next door to the Embassy, car parks may also be purchased on a separate title from $40,000 or leased from $60 per week.

PROPERTY INFORMATION:

Council Rates: $1,888.55 per annum (approx.)

SA Water Rates: $165.50 per quarter (approx.)

Emergency Services Levy: $429.55 per annum (approx.)

Community Fees
Admin Fund: $1,022.00 per quarter (approx.)
Sinking Fund: $184.00 per quarter (approx.)