Property ID: 5978152

311/180 Morphett Street Adelaide SA

$365,000 - $385,000
  • 2
  • 1
  • Apartment
  • For Sale
  • 77 sqm
Amazing investment - Current yield return of 6%.
Situated in the exclusive Vision Apartments, this spacious apartment offers a fantastic opportunity for investors, executive couples and anyone looking enjoy a secure, lock up and leave lifestyle.

Take advantage of the huge investment options available in such a great CBD location. 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 until December 8th 2020 for $425 per week.

Everything city living has on offer is right at your doorstep! Less than 100 metres to the leafy Light Square, a short walk to quality restaurants, cafes and shopping at nearby Gouger Street and the Central Markets, and a 10 minute stroll the exciting River Torrens Precinct, Adelaide Oval, Convention Centre, Sky City Casino and Festival Plaza.

Approximately 600 metres away you'll also find the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI) and Adelaide's Biomedical Precinct.

Built in 2016 by renowned builder 88 Construction, the innovative building boasts a modern and appealing facade of 18 floors with 15 floors of residential apartments. Inside offers modern and stylish foyers and common areas with quality finishes throughout.

The apartment offers comfortable living with nearly 70 sqm of internal area plus a large balcony of nearly 10 sqm. The open plan living is bright and light complimented with high 2.7 metre ceilings and neutral colour schemes. This flows through to the east facing balcony hosting sunrise views.

The kitchen is well equipped with solid benchtops, 2-pac cabinetry, stainless steel appliances with gas cooktop, electric oven and dishwasher. There are two bedrooms both with built in robes, the large main bedroom with a generous study nook and direct access to the second private balcony.
The bathroom has been beautifully finished with floor to ceiling tiles, large shower, linen press and European style laundry.

Further innovative attributes include energy efficient LED downlights, VRV air conditioning, video intercom with card access security and solar boosted hot water system. The building is also NBN ready with high speed with fibre-optic cabling throughout.
Be quick to secure this lifestyle apartment in such a prime city location!

PROPERTY INFORMATION:

Council Rates – $1,380.45 per annum (approx.)

SA Water Rates – $154.85 per quarter (approx.)

Community Fees:
Admin fund - $589.00 per quarter (approx.)
Sinking fund - $43.00 per quarter (approx.)

ESL – $125.90 per annum (approx.)

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