Property ID: 6424268

1604/104 North Terrace Adelaide SA

$ 490,000
  • 2
  • 2
  • 1
  • Apartment
  • Sold
  • 94 sqm
  • 1
Spacious Sub-Penthouse Apartment – North facing with stunning views over Adelaide Oval & the River Torrens!
Perfectly positioned on the vibrant tree lined boulevard of Adelaide, this 16th floor apartment boasts 2 large bedrooms, 2 bathrooms, 2 balconies an internal car park and some of the best views in town.

The ever-developing River Torrens Precinct just keeps on giving with the iconic 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 close with secondary education zoning for Adelaide High School and Adelaide Botanic High School.

Full furnished with everything you need, move straight in and enjoy a wonderful lifestyle or take advantage of the wide choice of investment options. Choose to lease it back through one of the reputable management companies as a serviced apartment, lease it out on a long-term tenancy or reap the rewards and manage it yourself through Airbnb or Stayz.

Currently leased through the Oaks Hotels and Resorts. Contact Toby for further information.

**Apartments purchased for investment purposes only and leased on a short term basis as a serviced apartment are eligible for Stamp Duty Exemption (Subject to Revnue SA Approval). For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land).**

Inside the apartment offers very spacious accommodation with two generous bedrooms both with built in robes, the main bedroom with its own private balcony and direct access to the two-way bathroom complete with a spa bath, separate shower, modern finishes and a European style laundry. There is also a second bathroom adjacent bedroom 2.

The kitchen with quality fixtures and fittings flows through to generous living and dining complimented with an abundance of natural light via the extensive use of floor to ceiling windows and sliding doors. Make your way to the full width balcony where you can sit back and take in the amazing 180-degree panoramic views over Adelaide Oval, the River Torrens and beyond.

Further features include ducted reverse cycle air-conditioning for year-round comfort and excellent security with video intercom, swipe card system to access all areas, 24 hour reception located in the foyer and of course the secure car park with direct access from the lift straight to your floor.

Last but not least are the revamped facilities with indoor heated lap pool, spa, sauna and gym. All of these wonderful benefits are maintained through the body corporate rates.

This is an excellent opportunity to invest in one of the CBD's best locations. Live in as an owner occupier and enjoy a low maintenance city lifestyle or take advantage of this prime location and reap the benefits as an investment property, the choice is yours!

PROPERTY INFORMATION:

Council Rates: $2,309.10 per annum (approx.)

SA Water: $217.60 per quarter (approx.)

ESL: Commercial - $605.30 per annum or Residential - $140.00 per annum (approx.)

Body Corp: Admin: $2,176.00 per quarter (approx.)

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