415/12-20 Bailey Street, Adelaide SA 5000

This sweet Studio Apartment is located on the city fringe and if you are looking for an investment, then look no further… as this appealing Studio may be just what you are looking for.
This Studio will work for you if you are cashed up, or if you have a self-managed super fund and its priced accordingly.
The property is currently leased back through the Mantra Group who are managing this group as the Breakfree Directors Studios. This 21 sqm apartment has a separate bathroom consisting of a vanity, spacious shower & toilet and comes complete with a split system reverse cycle air-conditioner.
Whilst the property is being let through the on-site management group, guests have the use of an off-street carpark, or if you don't continue the lease, then there is the option of street parking or privately leasing a carpark nearby.
The current lease is until Sept 2021 you have the option if you choose to extend, or if you choose not to extend, the property would be ideal as an Airbnb.
If you are looking for an Adelaide City base then this Studio Apartment may work for you, it is handy to all that the City has to offer, a short walk to the CBD, parklands, Gouger St restaurants and Adelaide Central Market, you wouldn't need a car…perhaps a bike… or you could walk…

WHAT ARE YOU WAITING FOR!