1108/102-105 North Terrace

Adelaide SA 5000

Currently managed by The Oaks Hotels and Resorts for a guaranteed gross income of $2,184.00 per month ($26,208.00 per annum). That's a gross yield of over 8%.

**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 views over the colourful city skyline, Adelaide Hills and summer sunsets over the ocean. The bedroom is great size with built in robes and frosted glass windows and a two-way ensuite 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.

This is an excellent opportunity to invest in one of the CBD's best locations. Live in as an owner occupier and enjoy a low maintenance city lifestyle or take advantage of this prime location and reap the benefits as an investment property, the choice is yours.

Contact Toby Shipway or Andrew Downing for further information.

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.