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Looking for an Investment in the Heart of The City?

Adelaide, 301/23 King William St

$235,000 - $250,000

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Listing Number: SMV7462
About this listing

Looking for an Investment Property right in the Heart of The City? Or Perhaps you need a secure and comfortable place for your child whilst they attend University.
This would also be ideal for you to keep as an investment property after they've finished Uni as the demand for inner-city accommodation amongst the student sector, is only getting bigger.
Situated just around the corner from Parliament House, Government house, Adelaide University and the new (and old) Royal Adelaide Hospital. Rundle Mall is diagonally opposite and Hindley Street, just around the corner. This is Real, Inner City Living, on a budget. You can't get any closer to the Heart of Adelaide.
Offering two bedrooms, each lockable, this apartment is Managed by the in-house Property Managers, Adelaide Property Management and the net return over the past two years has averaged just over $11,500 PA. (Excluding other outgoings such as Council rates, Water & Emergency Service Levy.)
With in-house recreation rooms, media room and study it's all here for you as a home away from home. Push bikes can be securely stored, and you've really got all the facilities you'll need to be able to focus on your studies.
Here is a link to Australian Property management:
http://www.auspm.com/student-accommodation/uv-apartments/

With in-house recreation rooms, media room and study it's all here for you as a home away from home. You've really got all the facilities you'll need to be able to focus on your studies.
Council Rates = $1053 PA
SA Water = $592 PA
ESL = $150
Strata and Sinking fund = TBC
Overseas Buyers Please Note: Temporary residents will normally be allowed to purchase only one established dwelling to live in as their residence (home) in Australia, subject to the conditions that they:
- Use the property as their principal place of residence in Australia;
- Do not rent any part of the property, included ensuring that the property is vacant at settlement; and
- Sell the property within three months from when it ceases to be their principal place of residence.
Temporary residents are not permitted to purchase established dwellings as investment properties, or rent out, or as a holiday home. Please refer to the link as Foreign Investment Review Board approval may/will be required. https://firb.gov.au/
Property Information
  • Floor Area: 42 sqm
  • Property Type: Apartment

Contact Details

330 Main South Road
Morphett Vale
Adelaide
Office website

Property Location

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