Property ID: 6657550

810/96 North Terrace Adelaide SA

$265,000 - $285,000
  • 1
  • 1
  • Apartment
  • For Sale
  • 55 sqm
Lifestyle Apartment and/or Excellent Investment
Adjacent the iconic Adelaide Oval and the exciting River Torrens Precinct, this completely refurbished apartment boasts an amazing city lifestyle or a prime investment opportunity offering even further potential with Adelaide's most talked about developments right at your doorstep.

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 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.

Choose to move straight in and enjoy all the advantages of no maintenance living in this fantastic location or reap the rewards of the viable rental returns on offer through a choice of reputable management companies.

Currently tenanted through the Oaks Hotels and Resorts as a no fuss investment with a guaranteed rental return of $357.00 per week ($1,547.00 per month). *Please note this rent is the COVID affected return and is set to increase once the occupancy rates improve.

Inside the apartment offers spacious accommodation and has been completely refurbished throughout. Inside the apartment features a very well-equipped kitchen complete with solid granite bench tops, stainless steel dishwasher and cooking appliances with an electric oven and 4 burner gas cook top. This flows through to the spacious living and dining area with exciting views over the city skyline.

The double bedroom is great size with built in robes and ensuite. Further features include ducted reverse cycle air conditioning, European style laundry complete with a washing machine and dryer, excellent security with a swipe card system, video intercom and 24-hour reception in the foyer.

The complex also provides free use of the recently revamped resort style facilities with indoor heated pool, spa, sauna and brand new gym.

Don't miss out on your opportunity to inspect this excellent lifestyle apartment.

Enquire now!

PROPERTY INFORMATION:

CT: 5859/86

OAKS MANAGEMENT FEES:
- Property Management Fee - $165.18 per month
- RTA Administration - $7.13 per month
- RTA Advertising Fee -$54.15 per month

Council Rates: $1,500.00 per annum (approx.)

Water Rates: $150.00 per quarter (approx.)

Community Rates:
Admin Fund: $587.00 per quarter (approx.)
Sinking Fund: $188.00 per quarter (approx.)

ESL:
- Commercial Property - $350.90 per annum (approx.)
- Residential Property - $93.35 per annum (approx.)

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