overview

  • 1P2829
  • Apartment
  • Sold
  • 1

Description

GREAT STARTER INVESTMENT CHARACTER BUILDING IN THE HEART OF THE CITY
Stylish apartment in a superbly renovated landmark building in the heart of the CBD.

Minutes to Rundle Mall, Hindley Street and North Terrace with shopping, restaurants, hotels, night clubs, Casino, Universities, Art Gallery, Museum, Library, Adelaide Convention Centre, the Exhibition Centre etc all very conveniently close by.

The apartment is a fully self contained studio style on the fourth floor overlooking Grenfell Street and is part of the Quest On King William serviced apartment group.

Long term lease of 5 years commencing 1st August, 2007. Current rental $12,633 per annum with annual reviews determined on a 4.0% increase. The lease also provides the Tenant with the right to renew with 3 terms of 5 years.

This property offers a great opportunity to purchase a CBD property at an entry level price with a proven Tenant and certainty of income.

Inspection strictly by appointment.

The ideal Investment is just waiting for you to discover with this great two bedroom unit, located on the first floor, just a hop skip & jump from the Beach & Jetty Road.

Spacious living/dine with a big kitchen, large enough to eat-in. Large picture windows together with balcony access from the living room, art-deco bathroom & two big bedrooms. One off street carport completes the picture.

Ideal for the astute investor as the property is currently tenanted.

Don't miss out on this one

floorplan

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