715/91 - 97 North Terrace, Adelaide SA 5000

Adjacent the iconic Adelaide Oval and the exciting River Torrens Precinct, this spacious apartment boasts an amazing city lifestyle or a prime investment opportunity offering even further potential with Adelaide's most talked about developments right at your doorstep.

The ever-developing River Torrens Precinct just keeps on giving with the redeveloped Adelaide Oval, Adelaide Convention Centre and the expansive Medical Precinct consisting of the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI), South Australian Health and Biomedical Precinct (SAHBP), Uni SA Health Innovation Building (HIB) and the Adelaide Health and Medical Sciences Building (AHMS).

First Class restaurants and bars are just a short walk away with 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.

Fully furnished, choose to move straight in and enjoy all the advantages of no maintenance living in this fantastic location or reap the rewards of the viable rental returns on offer through a choice of reputable management companies.

Currently tenanted through the Oaks Hotels and Resorts with a return last financial year of $22,350.83 based on occupancy. Fixed, guaranteed returns may be negotiated also.

Inside the apartments offers spacious accommodation complimented with stunning west facing views over the West End City Precinct and North Terrace. On entry into the apartment you are welcomed with the well equipped kitchen complete solid granite bench tops, stainless steel dishwasher and Smeg cooking appliances with an electric oven and 4 burner gas cook top.

There are two good size bedrooms both with built in robes, the main with west facing views and direct access to the balcony complete with sliding louvers for extra privacy The open plan living and dining is light filled and very spacious also with access through to the balcony.

Further features include external louvers on the balcony, ducted reverse cycle air conditioning, European style laundry complete with a washer/dryer and excellent security with a swipe card system, video intercom 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.

A car park may also be purchased for $40,000 or leased from $250 per month.

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PROPERTY INFORMATION:
CT: 5859/74
Council Rates: $428.50 per quarter (approx.)
Water Rates: $163.18 per quarter (approx.)
Community Rates: $995.00 per quarter (approx.)
Emergency Services Levy: $690.95 per annum (approx.)