504/102 - 105 North Terrace, Adelaide SA 5000

This stunning north facing apartment has it all! If you're looking for an exciting city lifestyle or a very rewarding investment property in a desirable city location that is set to boom, you need look no further!

Based on a two year management agreement with the Oaks Hotels and Resorts it is an excellent investment property with a guaranteed rental return of $1,830.36 per month after management fees. This is return is not based on occupancy and is paid to you each month regardless of whether the apartment is occupied or not.

Situated on the 5th floor this apartment offers fantastic north facing views directly over the cultural boulevard of North Terrace. Located directly opposite the iconic Adelaide Oval, Adelaide Convention Centre, Sky City Casino, Festival Theatre and much more, everything city living has to offer is right at your doorstep.

Attractions include first class restaurants, great shopping, the Adelaide Casino, The Entertainment Centre, The Festival Theatre, The Adelaide Convention Centre, Rundle Mall and the new Royal Adelaide Hospital and the South Australian Health and Medical Research Institute.

This fully furnished apartment features bright and light open plan living and dining with neutral colour schemes and excellent decor throughout. This flows through to the north facing, full width balcony with excellent views. The kitchen is well appointed with solid granite bench tops, quality fixtures and fittings and stainless steel Smeg appliances.

The bedroom is great size with built in robes and a frosted glass widow to allow in natural light. The ensuite offers modern finishes with a European style laundry complete with a washing machine, dryer and basin.

Further features include ducted reverse cycle air conditioning and excellent security with a swipe card system, video intercom and 24 hour reception in the foyer.

The complex also provides free access of the indoor heated lap pool, spa, sauna, steam room, and gym.
All of these excellent luxuries are maintained through the community fees.

Council Rates: $307.05 per quarter
SA Water Rates: $197.75 per quarter
Body Corporate Rates: $852.00 per quarter (Includes Sinking Fund Levy)