For Sale

1011/102-105 North Terrace, Adelaide

$305,000 - $315,000

Apartment in the heart of the city - Great investment opportunity.


This residence is in the core of all activities happening in the Adelaide CBD, but yet peaceful and secure. The perfect location for investors, students, first home buyers, and professionals who want to stay in the CBD Adelaide.

Situated on the 10th floor this spacious two bedroom apartment offers stunning views over the city, the Adelaide Hills, and sunsets over the ocean. If you're looking for an exciting metropolitan lifestyle or an excellent investment property in the heart of 10th-best-city in the world (Adelaide), then you certainly want to view this one!

Choose to live in as an owner-occupier and enjoy an exciting low maintenance metropolitan lifestyle. This freshly maintained residence offers very spacious accommodation with two king size bedrooms both with floor to ceiling windows, mirrored BIRs. The master bedroom features direct access to the spacious two-way bathroom completed with spa-bath and European style laundry. Down lights and ducted reverse cycle air conditioning system throughout.

Sitting on the balcony you will enjoy panoramic views of metropolitan Adelaide, the Adelaide Hills, and ocean views with picturesque sunsets. An elegant open plan living area features a gourmet kitchen with stainless steel appliances and quality fixtures, stone benchtops, contemporary cabinetry, and ample of space. This overlooks the light filled living and dining that flows through to the full-length balcony.

Stay fit and healthy with free access to an excellent resort style sport facilities with the large heated lap pool, sauna, and gym. All of these wonderful benefits are maintained through the body corporate rates.

Entertaining, shopping, and dining options are endless with Hindley Street, Rundle Mall and Gouger Street only a short WALK away and further entertainment along the Torrens riverbank still to come. Universities and TAFE are also located within few minutes WALK.
All public transports including trams, trains, and bus services are all literally in front of your door-step.

Located on the vibrant North Terrace, the iconic redeveloped Adelaide Oval, River Torrens Precinct and the world best hospital the Adelaide Royal Hospital and Medical Precinct. Further attractions include first class restaurants and bars, great shopping, the Adelaide Casino, The Entertainment Centre, Festival Theatre, Adelaide Convention Centre, Rundle Mall and the new Royal Adelaide Hospital. This investment simply can NOT go wrong!

You can choose to lease this fully furnished apartment out privately, or lease it back to The Oaks Hotels and Resorts for an excellent guaranteed return. Currently managed through the Oaks Hotels and Resorts with a rental income of $1,829.83 per month after management and cleaning fees.

Other important attributes including reverse cycle air conditioning, pay TV, internet access with data cable throughout the building, and excellent security with intercom, 24 hour reception and swipe card access for all areas.

Other facts and figures that your financier will be interested in are down in “Legalities” section.

This magnificent unit/apartment offers arguably one of Adelaide's most spectacular visual experiences. Everything is happening right before your eyes, the redeveloped iconic Adelaide Oval, Adelaide Convention Centre, Sky City Casino, retail promenade at the Festival Plaza, new Royal Adelaide Hospital, Medical Research Centre, Adelaide Uni & Uni SA campuses, and much more can only make this CBD location even more convenient.

- Large bathroom with separate shower and bath
- Indoor heated lap pool, spa, sauna, plunge pool
- Open plan kitchen, dining and living spaces
- Security/concierge staff located in the foyer
- In-ground Swimming Pool access 24/7
- Swipe card system to access all areas
- Abundance of natural light throughout
- Stainless Steel Kitchen Appliances
- Internet: High speed NBN Fibre
- Ducted Reverse cycle Air Con
- Balcony with panoramic views
- Both bedroom with BIRs
- Down lights throughout
- Outdoor Entertaining
- Video CCTV 24/7
- Gym access 24/7
- TV Intercom
- Dishwasher
- Indoor Spa
- Pay TV

Built: 2003
CT: 5903/777
ESL: $643.00 /Year
Strata: $1,800 p.q.
Special Admin fee $915.00 p.q.
Council: Adelaide City
Floor: 72 sqm (approx)
Council Rates: $413.63 /Quarter
Rental Yield: $ 1829.83/Month
Water Rate: $184.88 /Quarter (fixed rate)
Zone: CBDNorth Terrace- Residential Serviced Apartments (Strata-Titled Hotel/motel Units)

Interest is sure to be HIGH, so make sure you will be quick to inspect this one!

Speak to TURNER Property Management about managing this property #expectmore

Read more
Property Resources
Floor Plans
Virtual Tour

Agent representing 1011/102-105 North Terrace

Martin Betts
Martin Betts
Sales Partner
0402 560 533

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