632/16 Holdfast Promenade, Glenelg SA 5045

Loads of options for rental income and currently leased through the Oaks Hotel Group with an outstanding income for 2016/17 of $29,012. Investors will appreciate a stress-free rental return through the Oaks Plaza Pier, whilst having the option to enjoy the apartment themselves from time to time or permanently if preferred. Alternatively, it represents the perfect opportunity for a fly-in fly-out worker to call home as well as reaping the rewards of income whilst away working. With the added benefit of an allocated secure car park, this is a sensational opportunity with flexibility,

Spacious one bedroom apartment is well appointed and conveniently fully furnished. The open plan living extends through to the balcony where you can relax and enjoy the vista. The large bedroom has built-in robes and the bathroom is modern with a spa bath and shower. The kitchen is well equipped with plenty of storage, electric oven and cooktop and dishwasher.

Property Features:

- Fully furnished
- Reverse cycle air conditioning
- Generous bedroom with built in robes and fabulous views
- Bathroom with hideaway laundry facilities for washer/dryer
- Allocated undercover car park

Oaks Plaza Pier facilities include:

- Indoor heated lap pool
- Spa & sauna
- Fully equipped gym
- Concierge service

Superbly located close to the thriving cosmopolitan hub of Jetty Road, Glenelg and within easy access to Adelaide CBD and the airport. Offering a stress-free investment or fantastic beachside lifestyle, this one is worth a look.

Specifications:
CT / 5886/899
Council / City of Holdfast Bay
Zoning / GFP
Built / 2002
Council Rates / $956.40pa
SA Water / $161.50pq
ES Levy / $222.15pa
Strata Manager / Whittles
Strata rates / $1783.25pa

The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice. Should this property be scheduled for auction the vendor's statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.