** FIXED 4% INCREASES UNTIL 2023**
Located in the heart of Adelaide’s CBD with an abundance of restaurants, cafes, shopping and entertainment at your doorstep, this entry level one bedroom apartment is priced to sell. OWNER HAS JUST PAID FOR FULL REFURBISHMENT, DUE TO BE COMPLETED SHORTLY COMPRISING OF:
New Kitchen, appliances, benchtops, Joinery
Tapware, painting carpet
Within landmark history rich building, with high ceilings and large heritage windows, front street facing.
Will be fully refurbished, with fixed 4% annual rent increases until November 2023, its a secure bricks and mortar asset returning strong cash flow.
($21, 402 p/a
Increasing November 18: $428 per week ($22, 258 p/a) Lease Terms: Lease til November 2023 with 2 x 5 year options Rent Review: Next market review November 2023 Rent Increases: 4% increases annually as follows:
Approximate Owner Outgoings:
Council Rates: $1343 pa
Water Rates: $604.00 pa
Body Corporate Admin & Sinking fund levies: $6100.00 pa