801/82 King William Street, Adelaide SA 5000

Offered again due to contract failure this superior investment is the ideal opportunity for those who looking to invest or increase there superannuation income stream and established buyers looking to add/diverse there holdings.

This fully furnished and impeccably maintained apartment securely leased to Choice Quality Hotels.

Visitors to our fine city love the location with easy access in any direction be it, Adelaide Oval, Festival Centre, The Riverbank, The Mall and The Market-China Town with Glenelg and Hills and beyond as simple as catching an Uber or a tram.

A popular choice of accommodation for Corporate clients from intrastate and interstate.

A delightful and large one bedroom apartment on the eighth floor with westerly views over the city to the setting sun........easy to go out and dine or grab a few supplies and cook yourself it's all here and after a long day relax in the stunning spaaaaaa!



Leased to Choice Quality Hotels 26th March 2021 5 years plus 5 years
Income:

2021/22 =$12,657 net to the owner (Covid restricted and recovery trading)

2022/23-$27,368 net to the owner

2023/24- 3 months = $5215


Specifications
CT 5791/781
Council: City of Adelaide
Zoning: CC13
Council Rates: $386 p/q app
SAWater: $310 p/a
ESL:$310 p/a
Body Corporate: $1540.50 p/q

Ideal Investment Ideal Opportunity

PLEASE NOTE this an investment only so you cannot reside in it as an owner occupier.........