Prime Investment Property offering a excellent rental return of $365 per week. Currently managed through Dress Circle Apartments, this rental return is after cleaning and management fees.

Apartments purchased for commercial purposes are also eligible for Stamp Duty Concession. For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land).

The location speaks for itself, adjacent the exciting River Torrens Precinct, Adelaide Oval, and less than 500 metres to the 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).

Everything city living has to offer is right at your doorstep with an abundance of first class restaurants and great shopping to choose from all within walking distance. Further attractions include the iconic Adelaide Oval, Casino, Entertainment Centre, Festival Theatre, Convention Centre, new Royal Adelaide Hospital, South Australian Research and Medical Research Institute and much more.

Adelaide University, Uni SA and TAFE are all within minutes with transport options easily accessible with the tram, Adelaide Train Station and major bus stops all within a very short walking distance.

This apartment features a well appointed fully contained kitchen with solid granite bench tops and quality fixtures and fittings. This flows through to the light filled open plan living and dining area that lead you through to the quiet and private balcony.

The spacious bedroom features built in robes, frosted windows to allow in natural light and direct access to the two way bathroom.

Other features of this lifestyle apartment include a European style laundry, ducted reverse cycle air conditioning, video intercom and excellent security with swipe card access and 24 hour reception in the foyer.

The complex also offers everyday free use of the extensive facilities, all which are maintained through the community rates. Keep fit with the gym and indoor heated lap pool or relax in the spa, sauna, steam room and plunge pool.

PROPERTY INFORMATION:

Council Rates: $1,416.00 per annum (approx.)

Water Rates: $150.00 per quarter (approx.)

Community Rates
Admin: $570.00 per quarter (approx.)
Sinking: $182.00 per quarter (approx.)

Emergency Services Levy: $328.00 per annum (approx.)  

Inspection Times
Contact agent for details

Features
Balcony
Built In Robes
Dishwasher
Ensuite
Gym
Indoor Spa
Intercom
Reverse Cycle AirCon