1/9 East Terrace

Adelaide SA 5000

Currently tenanted, rental performance for 2019 and 2020; ROS% 82.58%, Gross Yield of 7.71% and a Net Yield or R.O.I% 6.384%

THIS PROPERTY HAS IT ALL, YOU WILL BE RIGHT WHERE ADELAIDES HEART BEATS AND ALL YOU NEED IS YOUR PERSONAL EFFECTS

Build strong, maintained exceptionally well and perfectly situated within Adelaide's CBD and beautifully located and shaded by tall palm trees for cool summer protection with peaceful courtyard views. This apartment is ideal for busy professionals, couples or singles offering one of the best locations in the city. This apartment is a stone's throw to the vibrant and cosmopolitan Rundle Street precinct, as well as the stunning cities east end parklands and botanic gardens with immediate access to bus and tram public transport and much more.

For those that work in city, the apartment is at the heart of the Adelaide business district, restaurant precinct, Universities, Museum, The State Library, Art Gallery, Botanic Gardens, The Wine Centre, Parks, Royal Adelaide Hospital, Festival Theatre and more. With bus and tram services just outside the front door, if you dont want to walk, Tram, Bus and Train Public transport is conveniently available to you. If you like attend the Adelaide Fringe Festivals, the Garden of Unearthly delights is immediately across the road.

Located in the most popular North Eastern precinct of the Adelaide CBD, this east facing 3rd floor apartment with views over central courtyard features 2 bedrooms, seperate toilet to bathroom and Laundry and secure garage car parking. Located at the corner of North and East Terrace Adelaide you will be very conveniently located.

For your peace of mind, this is a high security complex with over 70 CCTV security cameras and RFID access fobs for entry into the building, the elevators and secure garage parking. Further, there is permanent maintenance personal on site to assist you with those odd jobs that need doing from time to time like tap washers etc The apartment itself hosts built in robes to both double bedrooms a generous covered balcony and views of the central courtyard from master bedroom and living areas.

Features include:

Beautiful palm trees to reduce the impact of the hot morning easterly sun, shade the apartment balcony.

The building faade lowers street noise from East Terrace.

One car space in the secure communal garage

Modern Furniture and decorations included (if desired)

Covert and Overt security cameras throughout the building

Aiphone communications for guest access

Keyless RFID entry into the premises

Automated Wheelchair access to the building

Large main bedroom with built in robes and direct access to the spacious balcony

Spacious second bedroom with built in robes

Open plan living and dining area with great natural light

Modern fully equipped kitchen

Bathroom with shower, bath and vanity unit, laundry and separate toilet

Laundry

Seperate Toilet

Well maintained communal areas with lift access inside the building

Full Time maintenance personnel are in attendance during business hours

Indoor Features

Flat Screen Television

Double Beds and mattresses in each room

Built in Robes both rooms

Electric cook top

Electric Oven

Dishwasher and breakfast bar for casual meals

Refrigerator Freezer

Round glass top dining table and four chairs

Matching lounge and coffee table

Blu-ray DVD player

Washing Machine

Cloths Dryer

Garage: 1

Outgoings Per Annum:

ADMIN FUND LEVY $ 2,407.04
COUNCIL RATES $ 1,584.00
SA WATER $ 639.00 Gross (if tenanted: $ 286.50 Net)
ESL $ 217.25

INSPECTIONS BY APPOINTMENT