55/21-39 Bentham Street Adelaide SA 5000
Sold $195,000
Sold on 3rd of November 2023Property Features
Outgoings
Water Rates | $153.70 quarter |
Council Rates | $1483 year |
Strata Admin Fund | $489.25 quarter |
Strata Sinking Fund | $172.25 quarter |
Other Outgoings | $278.50 year |
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For the astute investor; a boutique city apartment with a guaranteed income
When location is everything for anyone visiting our great city, it doesn’t get much better than Bentham Street; home to the boutique Franklin Street Apartment complex and this neat-as-a-pin one-bedroom hotel room that will look nice in anyone’s property portfolio.
With a guaranteed rental return of $16,069.32 per annum, it’s nice knowing you can set and forget an investment that is managed for you, all year round. No agency fees. No worries. Just a steady flow of income.
Its prime location in the heart of the CBD – just a short walk from the Central Market/Gouger Street, Adelaide Oval and Rundle Mall – ensures its longevity as a desirable place to stay, at a time when Adelaide has never been more appealing. Just set it and forget it.
⁃ Guaranteed rental return of $1339.11 per month (minus rates)
⁃ For investment purposes only
⁃ Placed quietly on the first floor of its historic inner city building
⁃ Fully furnished
⁃ Reception service and secure lift access to floor
⁃ Neatly presented hotel suite with large bedroom, bathroom and laundry facilities
⁃ Spacious open-plan living with super-functional kitchen
⁃ Heating/cooling provisions
⁃ Built-in robes
⁃ Walking distance from tram and bus stops
⁃ Close to the CBD’s major attractions
Certificate of Title – 5602/394
Council – City of Adelaide
Council Rates – $1,344.45 pa approx.
Water Charges – $788.31 pa approx.
Emergency Services Levy – $283.15 pa approx.
Body Corporate Fees – $2,646.00 pa approx.
OUWENS CASSERLY – MAKE IT HAPPEN™
RLA 286513
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