702/104 North Terrace, Adelaide SA 5000

Exciting opportunity not to be missed!

Perfectly positioned on North Terrace in the Horizons Apartments, this spacious north facing apartment boasts endless opportunities. Freshly renovated throughout, this apartment is ready for the new owner to move straight in and enjoy a wonderful lifestyle or take advantage of the wide choice of investment options.

Choose to live in the apartment as an owner occupier and enjoy a low maintenance lifestyle, lease the apartment privately or take advantage of the excellent returns provided by the Oaks Group. Currently in the managed by the Oaks Hotels and Resorts for a guaranteed rental return of $2,808.00 per month ($33,696.00 per annum).

The flexibility also allows you to manage the apartment yourself on a short-term basis through companies such as Airbnb, Booking.com & Stayz or sit back and let one the reputable companies take care of it for you.

This city location is second to none with the iconic Adelaide Oval, River Torrens Precinct and Adelaide's ground-breaking Medical Precinct all with walking distance. There is a huge choice of education facilities nearby, less than 500 metres away you'll find the University of Adelaide's medical and health sciences building and UniSA's City West campus, Health and Medical Clinic.

First Class restaurants and bars are just a short walk away and gourmet shopping at nearby Central Markets and Gouger Street. Adelaide University, University SA and TAFE are all very close with secondary education zoning for Adelaide High School. Transport options easily accessible with the tram, Adelaide Train Station and major bus stops only a minute away.

Inside the apartments offers spacious accommodation complimented with a north facing aspect hosting stunning views over Adelaide Oval, the River Torrens and the tree lined North Terrace. The light filled open plan living & dining flows through to the full width north facing balcony where you can sit back and take it all in.

The well appointed kitchen is fully equipped with Caesar stone bench tops, breakfast bar, dishwasher, quality fixtures and fittings. Both bedrooms are excellent size with built in robes, the main bedroom with a private balcony, built in safe and direct access to the two way bathroom complete with a separate shower, spa bath and European style laundry.

Very rare and in high demand, this apartment also features a secure internal car park with swipe card access direct from the lifts to your floor. Further attributes of this lifestyle apartment include ducted reverse cycle air conditioning, intercom and excellent security with swipe card access and 24 hour reception in the foyer.

The complex also offers everyday free use of the extensive facilities, all which are maintained through the community rates. Keep fit with the gym and indoor heated lap pool or relax in the spa and sauna.

This is an exciting opportunity to enjoy apartment living in a city location that has so much to offer!

PROPERTYY INFORMATION:

Certificate of Title: Volume 5903 Folio 735

Council: City of Adelaide

Oaks Management Fee: $335.23 per month (approx.) * Only applicable if leased to the Oaks

Council Rates: $2,196.00 per annum (approx.)

SA Water: $154.00 per quarter (approx.)

ESL: $435.00 per annum (approx.)

Community Fees
Admin Fund: $1,425.00 per quarter (approx.)
Sinking Fund: $334.00 per quarter (approx.)