****PLEASE NOTE INVESTMENT ONLY NOT SUITABLE FOR OWNER OCCUPIER***
Yes.... two apartments on one title in this classic landmark building acknowledged as Adelaide's first skyscraper
Yes ... Motivated vendor.. price reviewed quality offers will be presented.
Suitable to invest or increase your superannuation income stream and more established buyers looking to diverse and add to there holdings.
located right in the heart of this vibrant city. Securely leased to Choice Quality Apartments Adelaide.
Apartments 207A and207B are two one bedroom apartment's that are tastefully furnished with modern kitchens and pristine bathrooms impeccably maintained by Choice Hotels.
Visitors to Adelaide love the location as accommodation due to its location with easy access in any direction be it the Adelaide Oval, Festival Centre, The Riverbank, The Mall, The Market and China Town. The Glenelg beach, hills and Barossa as simple as taking the tram ,train, bus or Uber.
A popular choice of accommodation for corporate clients from interstate and intrastate due to its proximity to the Convention Centre and other related business hubs.
Whilst there is an abundance of choice of restaurants', pubs and cafes if you just want the night in slip over to the shops and come back to your apartment and enjoy your own cooking.....its all here.
These properties represent an ideal investment and are well suited for self funded superannuation funds or as an income stream for cash investors, finance lending criteria may vary from lending institution so it is advisable to make some enquiries with your preferred lender (note this is not financial advice and all prospective purchaser should make their own independent enquiries).
Please note this is only an investment and cannot at this time be used as owner occupier.
Further information please contact agent.
Lease 26th March 2021- 25th May 2026 to T&G 1925 Pty Ltd Quality Apartments Adelaide Central plus 5 yrs
Income: 2024/2025 $24,458.30
2023/2024 $26,787.00
This property is best suited for purchasers who are in a position to buy on an unconditional basis, as major financial institutions typically do not offer financing for this type of asset. As such, we recommend this listing for investors or buyers with the financial capacity to proceed without standard loan approval processes.
Property Details:
CT: 5900/223
Council: City of Adelaide
Zoning: CC 13
Council Rates: $500.55pq approx.
SA Water: $165.55pq approx.
Body Corporate: $1,329.00pq approx.
Sinking Levy: $399.00pa approx.
Property ID: #L35369112
