Property ID: 6456033

1708/96 North Terrace Adelaide SA

$365,000 - $385,000
  • 1
  • 1
  • Apartment
  • For Sale
  • 60 sqm
Exclusive Penthouse Apartment.
This stunning Penthouse Apartment has it all! Situated in this ever-expanding location with the iconic Adelaide Oval, River Torrens Precinct and Adelaide's ground-breaking Medical Precinct at your doorstep.

There is a huge choice of education facilities nearby, less than 500 metres away you'll find the University of Adelaide's medical and health sciences building and Uni SA's City West campus, Health and Medical Clinic. Transport options are easily accessible with the tram, Adelaide Train Station and major bus stops on North Terrace.

All within a short walk, you'll also find first class restaurants, great shopping, Adelaide Casino, Entertainment Centre, Festival Theatre, Adelaide Convention Centre, Rundle Mall and the new Royal Adelaide Hospital.

The flexibility of this apartment allows you to do as you please. Fully 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 managed by La Loft Apartments with a rental return of $400.00 per week (approx.) after management and cleaning fees.

Situated on the 17th/top floor, the apartment boasts an immediate feeling of space with the huge floor to ceiling windows framing the breathtaking views over the Medical Precinct, the River Torrens, Adelaide Hills and stunning sunsets over the ocean. The full width balcony provides a perfect setting to sit back and take it all in!

The open plan living and dining is light filled and very appealing with neutral colour schemes and excellent décor throughout. The kitchen is well appointed with solid granite bench tops, quality fixtures and fittings and stainless steel Smeg appliances.

The bedroom is very generous in size with built in robes and is enclosed with frosted glass to allow in the warmth of natural light. This flows through to the two-way ensuite where you can relax in the deluxe spa bath.

Located in the hallway, there is also a European style laundry complete with a washing machine, dryer and basin. Further features include ducted reverse cycle air conditioning, excellent security with a swipe card system, video intercom and 24 hour reception in the foyer.

The complex also provides free access to the recently updated indoor heated pool, spa, sauna and brand new gym.

Car parks may also be leased or purchased in the neighbouring

This is an excellent opportunity to invest in one of Adelaide 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: $1,355.80 per annum (approx.)

Water Rates: $170.00 per quarter (approx.)

Community Rates:
Admin Fund: $834.00 per quarter (approx.)
Sinking Fund: $279.00 per quarter (approx.)

ESL: $107.85 per annum (approx.)

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