If you're searching far and wide for an investment you can set and forget with a guaranteed income and not a finger to lift, this place could be the answer as this savvy property provides a guaranteed $18,600 annual return on your investment.
Located in the bustling heart of Adelaide's CBD, on the 2nd floor of the historical Franklin Apartments building; a fully-furnished two-bedroom pad being an affordable step into the marketplace for an investor.
This versatile apartment is ready to become a valuable addition to your investment portfolio. Don't miss out on this opportunity to secure a prime property in one of Adelaide's most sought-after locations within walking distance of the Central Market, Rundle Mall, Riverbank precinct and more. The search is over.
Features we love...
- Fully furnished and managed
- Property operates as a lease back/ rent back
- Lift access
- No property management fees
- Guaranteed yearly rental return (if leased back) makes it a sound investment/superannuation strategy, with a review of the return every two years with a likely CPI increase
- Competitively low strata fees
- Ducted temperature control
- Reception desk/services making the apartment very secure
CT Reference – 5602/406
Council – Adelaide
Zoning – CC – Capital City
Council Rates - $1,371.45 pa
SA Water Rates - $165.55 pq
Emergency Services Levy - $89.80 pa
Admin Fund - $680.35 pq
Sinking Fund - $239.55 pq
Year Built - TBA
Total Build area - 64m² approx.
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY – MAKE IT HAPPEN™
RLA 275403
