Property ID: 5549556

1115/96 North Terrace Adelaide SA

$390,000 - $399,000
  • 2
  • 1
  • Apartment
  • For Sale
Prime opportunity in Adelaide's finest city location.
Whether you are looking to live it up and enjoy an exciting city lifestyle as an owner occupier or add this lucrative property to your investment portfolio, you need look no further!

Completely refurbished and fully furnished with absolutely everything included, take advantage of the huge choices available. Manage it yourself on a short term basis through companies such as Airbnb and Stayz or sit back and let one the reputable companies take care of it for you.

Currently tenanted through the Oaks Hotels and Resorts with a 50/50 return based on occupancy. Please note this return is temporary due to COVID-19 and should return by September/October to the guaranteed rental return scheme. Previously leased through the Oaks Hotels and Resorts for a guaranteed rental return of $1,963.97 per month ($451.98 per week) after management and cleaning fees. This is what you get in your pocket each month!

Everything city living has on offer is right at your doorstep. Just across the road you'll find the exciting River Torrens Precinct, Adelaide Oval, Convention Centre, Sky City Casino and Festival Plaza and only 500 metres away is the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI) and Adelaide's Biomedical Precinct. There are also many great schools close by with zoning for Adelaide High School and Adelaide Botanic High School.

Positioned on the 11th floor, this spacious apartment boasts a stunning western aspect over the West End, River Torrens, the new Medical Precinct and sunsets over the ocean.
Inside the apartment features open plan living and dining complimented with natural colour schemes and stylish decor. The kitchen is well appointed with solid granite benchtops and SMEG appliances complete with dishwasher, electric oven and gas cooktop.

Both bedrooms are excellent size with built in robes, the main bedroom with a large picture window framing the amazing views and direct access to the generous balcony complete with sliding louvers providing shade and privacy.

Further features include a European style laundry tucked away in the bathroom, ducted reverse cycle air-conditioning and excellent security with swipe card access, 24 hour reception in the foyer and an intercom that allows guests to your room.

On the 4th floor you'll find the excellent gym equipment, indoor heated lap pool, spa and sauna. All these luxury benefits maintained and serviced through the community rates and are available to you at your leisure.

Property Information:

Council Rates: $420.00 per quarter (approx.)

Water Rates: $180.00 per quarter (approx.)

Community Rates:
Admin: $855.00 per quarter (approx.)
Sinking : $296.00 per quarter (approx.)

ESL: To be advised
Features
  • Intercom
  • Built-In Wardrobes
  • Pool

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