For Sale

1603/104 North Terrace, Adelaide

Under Offer

Sub-Penthouse. Prime city apartment or a great returning investment; the choice is yours!

Contact Agent for inspection time

Moments from so many Adelaide lifestyle attractions, investors will note the North Terrace frontage, proximity to Royal Adelaide Hospital, Adelaide Oval, Adelaide Casino, and of course a number of Adelaide's top restaurants. Golden opportunity for investors offering an envious existing long term rental return from Oaks if you so choose.

Currently used as part of the Oaks Hotels and Resorts, this apartment achieves a net income of $3,456.31 per month.

Filled with light, and perfectly positioned on the 16th floor, the apartment reveals huge views across North Terrace to the Adelaide Oval from a large, double balcony, that is seamlessly connected to the open-plan living & main bedroom.

And there's more to love:

- Large open plan living/dining & kitchen with Smeg appliances, stone bench tops & electric cook top
- Main bedroom with balcony, mirrored built-in robe and ensuite with spa bath, shower alcove, W.C. & vanity
- Bedroom two with mirrored built-in robe, and access to two way main bathroom with shower alcove, vanity and toilet
- Two secure car parks
- Huge double balcony
- Fully furnished (package available)
- Intercom
- Ducted reverse cycle air conditioning
- Access to exceptional facilities including an indoor heated pool, spa, sauna, and equipped fitness gymnasium

Investors will appreciate the 'set and forget' high return on investment. Owner-occupiers will soak up the city lifestyle at their doorstep, while the property also works wonderfully well for a central city base for regional investors. Oaks Horizons Suites have ensured that upkeep and maintenance of the property has been consistently high.

CT / 5903/835
Year built / 2005
Council / City of Adelaide
Council Rates / $2,647p.a. (supplied by vendor)
SA Water / $213 p.q. (supplied by vendor)
Community Fees / $2744 p.q. (supplied by vendor)

Speak to TURNER Property Management about managing this property

*COVID Information for attending an Open Inspection:
We ask that you remember to wear a mask to all open inspections, and Turner Real Estate may stagger attendees throughout busy open for inspections to ensure we provide a COVID safe environment for all attendees.

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Agents representing 1603/104 North Terrace

Josh Edgar
Josh Edgar
Sales Partner
0433 233 466
Harrison Evans
Harrison Evans
Sales Partner
0412 552 930

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