Property ID: 6632174

916/96 North Terrace Adelaide SA

$395,000 - $425,000
  • 2
  • 1
  • Apartment
  • For Sale
  • 77 sqm
A Room with a View.
Whether you are looking to live in or invest, this spacious apartment has it all!

Perfectly positioned in the north-west corner of the Embassy, this prime city apartment boasts amazing north facing views of Adelaide Oval, the River Torrens, Convention Centre and North Terrace while the west facing aspect welcomes you with panoramic sunsets over the ocean, birds eye view over the West End and a direct view into the new, state of the art Medical Precinct.

Such a prime city location offering huge potential with everything happening right in front of you! 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 very close with secondary education zoning for Adelaide High School. Transport options easily accessible with the tram, Adelaide Train Station and major bus stops only a minute away.

Move straight in and enjoy a wonderful no maintenance lifestyle in this fantastic location or take advantage of the wide choice of investment options. Choose to lease it back through one of the management companies with a guaranteed rental return or really reap the rewards and manage it yourself through Airbnb or Stayz.

Pre-COVID, the apartment was generating an average turnover of $5,440 per month - $65,279 per annum! Contact Toby for further information and a rental appraisal.

This executive apartment features a great layout with 2 balconies and light filled open plan living and dining with large windows framing the north facing views from every aspect. The kitchen is full contained and well-equipped kitchen with stainless steel Smeg appliances and solid granite stone bench tops.

Both bedrooms are excellent size with built in robes, the main bedroom with north and west facing views of the sparking city lights and the River Torrens. The bathroom is conveniently located between the bedrooms with modern finishes.

Further features include a European style laundry, ducted reverse cycle air conditioning, intercom, 24 hour reception, pay TV and internet access with data cable throughout the building. Take advantage of recently revamped resort style facilities with the heated lap pool, spa, sauna and a State of the Art gym.

PROPERTY INFORMATION:

CT: 5859/109

Council: Adelaide City Council

Council rates: $2,058.60 per annum (apporx.)

SA Water rates: $160.00 per quarter (approx.)

Community rates: $1,306 per quarter (approx.)

ESL: To be advised

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