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This fantastic low maintenance apartment provides a great opportunity for those seeking a secure and private property without compromising on comfort and location. Boasting a huge list of features and with its great CBD location, this is a home that will truly appeal to those already living in the area and looking to downsize. Equally it represents a great opportunity for first home buyers and astute investors.
Whether you are looking for a hassle free secure investment, or a first home buyer wanting somewhere to live in the heart of the city, you cannot miss this opportunity!
Features that make this home special:
- Generous sized bedroom with built-in robe
- Spacious open plan living with split system air conditioner
- Modern, galley-style kitchen
- Stylish bathroom with shower
- Separate European laundry
- Enclosed balcony with fantastic views
- Single carspace
On-site resort style facilities include:
- Indoor pool
- Spa
- Steam room
Minutes away from the exceptional restaurants and bars in the CBD and only minutes away from the gourmet shopping that Central Markets and Gouger Street has to offer. Adelaide University, University SA and TAFE are all very close with secondary education zoning for Adelaide High School. Public transport options are easily accessible with the tram, Adelaide Train Station and major bus stops all nearby.
Currently leased back to MH Residential Pty Ltd trading as iStay Precinct Adelaide on a fixed basis till 1st of May 2020 with Gross rent amount of $1690 per month (Property management fee $148.72 per month, Advertising fee $48.75 per month, Admin fee $7.13 per month, therefore Net return of $1485.40 per Month). Please note displayed furniture are NOT inclusions of the sale.
Should the new purchaser/owner wish to occupy the apartment, a 90 day written notice is to be provided to the current tenant (MH Residential Pty Ltd trading as iStay Precinct Adelaide), then on the week leading up to the end of the 90 day notice, hotel will remove the furniture and light maintenance and cleaning of the apartment will be conducted by housekeeping.
For further information, please contact Jimmy Wu on 0417 874 084 or 8269 7711 (office).
RLA 200591
87 North East Road, Collinswood SA 5081
Call Jimmy Wu on
0417 874 084
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