This modern stylish one bedroom apartment located on the 7th level and is part of a superbly renovated serviced apartment complex in a landmark building on the corner of Grenfell and King William Street.
Located in the heart of the CBD, it is the a top location for tenants, with the free city tram at their door step, as well as buses and rail is nearby. Just minutes from Rundle Mall and North Terrace with all the shopping, restaurants, hotels, night clubs, Casino, Universities, Art Gallery, Museum, Library, Adelaide Convention Centre, the Exhibition Centre plus commercial and service establishments etc etc.
The major advantages with this investment are:
- Rent is increased 4% per annum,currently montnly rental income is $1783
- The apartment is maintained and serviced by the hotel
- This is truly a 'set and forget' investment property.
Why to Buy
- Spacious master bedroom
- Large open plan living and dining area
- Views of King William Street
- Easy maintained kitchen with stainless steel appliances and stone bench tops
- Generous size bathroom with separate bath
- Ducted reverse cycle air conditioner
- Double glazed windows
- Cable TV with DVD player
Outgoings:
SA Water: $594.3/per annual
Emergency Service Levy: $261.45/per annual
Council Rate: $1356.95/per annual
Sinking Levies/Admin: $1532/per quarter
