44/21-30 Bentham Street, Adelaide SA 5000

A fantastic investment in "Franklin Central Apartments" with a high guaranteed fully managed and secured lease returns until 2022. Low outgoings and depreciation benefits.

This two bedroom, 1 bathroom, fully furnished apartment conveniently located between Waymouth and Franklin Streets, is just a short stroll to Central Market, Victoria Square and Rundle Mall.

Feature benefits include:

* Boutique apartments with niche clientele
* 62sqm of living space approx.
* $15,552 per annum on a secure, long term lease ($1,296 per month)
* Annual rent increase (CPI/as agreed per lease)
* Depreciation on refurbishment and plant and capital allowances
* Building write off allowance per annum
* Discounted stay in the hotel
* New cafe in foyer
* Nestled in quiet lane off Franklin Street (Bentham Street)
* Dishwasher & Microwave
* High speed internet
* LCD TV
* Foxtel
* Conference facilities