Property ID: 6825882

502/96 North Terrace Adelaide SA

$ 455,000
  • 2
  • 1
  • 1
  • Apartment
  • Sold
  • 82 sqm
  • 1
Move in and enjoy or invest in this perfect city location.

This spacious north facing apartment boasts endless opportunities for the astute investor or owner occupier looking to live it up in the city.

Fully furnished with absolutely everything included, choose to manage it yourself on a short term basis through companies such as Airbnb and Stayz, sit back and let one the reputable companies take care of it for you or live in and lap up an exciting city lifestyle in this prime city location.

Currently managed through the Oaks Hotels and Resorts returning a viable rental return of $2,166.67 per month (gross) plus a further $250 per month (net) for the car park.

The location of course has everything going for it. The adjacent River Torrens Precinct, Adelaide Oval, Convention Centre, Sky City Casino and Festival Plaza and only 500 metres away is the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI) and Adelaide's Biomedical Precinct.

Positioned in the north-east corner of the Embassy, enjoy an alfresco breakfast in the morning sun and watch North Terrace light up in the evenings. Inside boasts light filled living and dining complimented with natural colour schemes and modern décor throughout.

The kitchen is well appointed with solid granite benchtops and SMEG appliances complete with dishwasher, electric oven and gas cooktop. Both bedrooms are excellent size with built in robes, the main bedroom with large floor to ceiling windows framing the northern aspect.

There are two balconies both with sliding louvers for privacy. The main balcony positioned in the northeast corner is great size and perfect for entertaining for guests and the smaller balcony in the north west corner for the BBQ.

Further features include a European style laundry tucked, ducted reverse cycle air-conditioning and excellent security with swipe card access, 24 hour reception in the foyer and an intercom that allows guests to your room.

A rarity in this building, the apartment also features a secure internal car park with swipe card access from the lifts straight to your floor.

On the 4th floor you'll find the excellent gym equipment, indoor heated lap pool, spa and sauna. All these luxury benefits maintained and serviced through the community rates and are available to you at your leisure.

Enquire now for more details or a private inspection.

Property Information:

Oaks Management Fee - $260.30 per month

Council Rates: $440.00 per quarter (approx.)

SA Water Rates: $180.00 per quarter (approx.)

Emergency Services Levy:
$121.80 per annum (approx.) - Residential
$602.45 per annum (approx.) - Commercial

Community Rates:
Admin: $955.00 per quarter (approx.)
Sinking: $305.00 per quarter (approx.)

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