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509/96 North Terrace, Adelaide, SA 5000 Sold
509/96 North Terrace, Adelaide, SA 5000 509/96 North Terrace, Adelaide, SA 5000-Floorplan

509/96 North Terrace, Adelaide, SA 5000

Bedrooms
1
Bathrooms
1
Area
53m2
Type
Apartment

Last updated on Thursday, February 29, 2024

$298,000

Toby Shipway - Real Estate Agent - Bruse Real Estate - SA (RLA 181689)
Toby Shipway Residential Sales Specialist
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509/96 North Terrace, Adelaide, SA 5000 - More Details

$298,000

Prime in investment with a net yield return above 5%!

Currently managed by the reputable Oaks Hotels and Resorts, this deluxe apartment offers a no maintenance investment opportunity with a viable rent of $1,733.33 per month.

It gets even better - This apartment also meets the requirements for Stamp Duty Exemption (Subject to Revnue SA Approval). For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land). That's a saving of over $11,000!

Looking to live and enjoy an enviable city lifestyle, this can be done also. Lap up everything this fantastic location has to offer right at your doorstep with an abundance of first-class restaurants and great shopping to choose from all within walking distance. Further attractions include the exciting River Torrens Precinct comprising of the iconic Adelaide Oval, Casino, Entertainment Centre, Festival Theatre and the Convention Centre.

Less than 500 metres away you'll also find the Medical Precinct consisting of the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI), South Australian Health and Biomedical Precinct (SAHBP), Uni SA Health Innovation Building (HIB) and the Adelaide Health and Medical Sciences Building (AHMS).

This apartment features a well appointed fully contained kitchen with solid granite bench tops, stainless steel appliances and quality fixtures and fittings. This flows through to the light filled open plan living and dining area and the adjacent private balcony.

The spacious bedroom features built in robes, frosted windows to allow in natural light and a sparkling ensuite. Other features of this lifestyle apartment include a European style laundry, ducted reverse cycle air conditioning, video intercom and excellent security with swipe card access and 24-hour reception in the foyer.

The complex also offers everyday free use of the extensive facilities, all which are maintained through the community rates. Keep fit with state of the art gym and indoor heated lap pool or relax in the spa and sauna.

What more could you ask for! Enquire now for more details or a private inspection.

PROPERTY INFORMATION:

Oaks Management Fee: $209.66 per month (approx.) Only applicable if leased to the Oaks

Council Rates: $1,850.80 per annum (approx.)

Water Rates: $153.70 per quarter (approx.)

Emergency Services Levy: $319.50 per annum (approx.)

Community Rates:
Admin: $503.00 per quarter (approx.)
Sinking: $161.00 per quarter (approx.)

Type
Apartment
Bedrooms
1
Bathrooms
1
Area
53m2

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509/96 North Terrace Adelaide SA 5000

Property FAQs

How many bedrooms does the property listed 509/96 North Terrace, Adelaide, SA 5000 feature?

509/96 North Terrace, Adelaide, SA 5000 is a 1 bedroom Apartment.

What are the standout features of the 509/96 North Terrace, Adelaide, SA 5000?

Explore all key property features for 509/96 North Terrace, Adelaide, SA 5000. Click here to find out more.

What is the total land area and built-up area of the 509/96 North Terrace, Adelaide, SA 5000?

The total land area and built-up area of the 509/96 North Terrace, Adelaide, SA 5000 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 509/96 North Terrace, Adelaide, SA 5000?

There were no car spaces found on the listing for 509/96 North Terrace, Adelaide, SA 5000.

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    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

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