“"Show Me The Money" - (approx) 7.5% Gross return!!!”
This contemporary apartment of approximately (63sqm) is ideally located in the popular market precinct and is a hassle free investment as it is currently leased back with the Oaks Hotel Group on a periodic agreement and returning $1,690.00 gross per month.
Conversely if you are looking for a trendy city pad in an exciting location in which to live in then all we need to do is to give 3 months notice to the Oaks management for vacant possession?
The Why To Buy:-)
* Generous sized bedroom with built in robe
* Spacious open plan living, dining and kitchen area
* Modern kitchen with dishwasher and gas cooking
* Sparkling bathroom
* Separate laundry
* Secure video intercom access
* Reverse cycle air conditioning
* Large all-weather balcony with city views
* Access to indoor heated lap pool, spa, sauna and steam room
* $1690.00 Gross monthly rent, that's around 7.5% gross return!
* The perfect city pad or hassle-free investment!
A great location being just a 2 minute walk to vibrant Gouger Street, Chinatown, Central Markets and with Public Transport just outside. Zoned for both of Adelaide's in- demand Public High Schools as well as close to Universities & Hospitals!
Approximate Quarterly Fees
Strata Rates $1,042.00
Council rates $375.00
Water Rates $185.00
For any further information please contact, Andrew Downing, The City Specialist on 0404 882 311 or Chris Xu on 0433 770 616.