Located in the heart of the city this hotel/apartment over delivers on space, quality and comfort.
Fully self contained and high on the radar for travelers and visitors to this beautiful city with a need for some home comforts......
Sure you can take the lift and grab a quick bite or enjoy some fine dining but sometimes you have your crew with you so it's easier to feed them in the apartment.......It's all there just add the ingredients!
Position perfect though secure monitored lobby and choose the direction Adelaide Oval and Riverbank one way Glenelg the other way with Hahndorf and beyond to the Barossa.
So with all this on offer it ensures that the apartment suits vistor's from the corporate community and families alike who come to enjoy a short stay in our beautiful state.
Perfect Position, Perfect Investment .....securely managed and maintained with a long term lease in place to Choice Quality Hotels
Leased to :Choice Quality Apartments 26th March 2021 10 year (option to exit after 5 years)
Income:
2021/22 $16,329.01 Covid restricted and recovery trading.
2022/23 $35,307.63
2023/24 $13,079.68 -5 months
Specifications
CT:5791/748
Council:City of Adelaide
Council Rates: $462.75 p/q app
SAWater:$153.70 p/q app
ESL:$436.70 p/a app
Body Corporate:$1627.00 p/q
PLEASE NOTE: This is an investment opportunity only and not suitable for owner occupier.
Property ID: #L25996014
