SOLD BY TOBY SHIPWAY - 0413 600 919

Exciting live in and investment opportunity in a prime city location!

Perfectly positioned in one of Adelaide's best CBD locations, this spacious north facing one bedroom apartment presents a viable investment opportunity and a great place to call home. Directly opposite the exciting River Torrens Precinct with Adelaide Oval, the Convention Centre, Sky City Casino and the Adelaide Festival Centre. Less than 500 metres away you'll find the University of Adelaide's medical and health sciences building and UniSA's City West campus, Health and Medical Clinic.

The apartment offers a huge range of options! Choose to reap the excellent fuss free rental returns provided through a choice of management companies, lease the apartment out privately or enjoy the city vibe as an owner occupier.

Currently managed by The Oaks Hotels and Resorts for a guaranteed gross income of $2,288.00 per month ($27,456.00 per annum)

**Take note - this apartment is also applicable for Stamp Duty Exemption (Subject to Revenue SA Approval). For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land)** You'll save approximately $12,000 on top of the purchase price.

The flexibility also allows you to manage the apartment yourself on a short-term basis through companies such as Airbnb, Booking.com & Stayz or sit back and let one the reputable companies take care of it for you.

The apartment features a well-appointed kitchen adjacent the open plan living and dining with direct access to the full width balcony complimented with stunning north facing views over Adelaide Oval and The River Torrens precinct. The bedroom is great size with built in robes and frosted glass windows and a two-way ensuite complete with modern finishes and spa bath.

Further features include a European style laundry, ducted reverse cycle air conditioning, excellent security, video intercom and 24 hour reception in the foyer. The complex also provides free access to the resort style facilities with the indoor heated lap pool, spa, sauna and gym.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.

Explore the area

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School catchments

University Senior College at Adelaide University - Gawler Place Campus Secondary Independent 0.58km
University Senior College at Adelaide University - Jordan Campus Secondary 10-12 Independent 0.76km
Specialised Assistance School For Youth (SASY) Secondary 8-12 Independent 0.82km
Adelaide International School Secondary Independent 0.82km
Adelaide High School Secondary 7-12 Government 0.88km
St Mary's College Combined R-12 Catholic 0.88km
St Aloysius College Combined R-12 Catholic 1.0km
Adelaide Botanic High School Secondary 7-12 Government 1.2km
Sports College South Australia - Adelaide Comets Secondary Independent 1.3km
Muirden Senior College Secondary 11-12 Independent 1.4km
Sturt Street Community School Primary R-6 Government 1.4km
Christian Brothers College - Senior Campus Combined R-12 Catholic 1.5km
Temple Christian College Secondary 7-12 Independent 1.5km
Pulteney Grammar School Combined R-12 Independent 1.6km
Gilles Street Primary School Primary R-6 Government 1.6km
Christian Brothers College - Junior Campus Combined Catholic 1.7km
St Dominic's Priory College Combined R-12 Catholic 1.7km
North Adelaide Primary School Primary R-6 Government 1.9km
St George College - Junior Campus Combined Independent 2.0km
Prince Alfred College Combined R-12 Independent 2.1km
St Peter's College Combined R-12 Independent 2.2km
Annesley College Primary R-6 Independent 2.2km
St George College - Senior Campus Combined R-12 Independent 2.3km
Wilderness School Combined R-12 Independent 2.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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