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802/104 North Terrace, Adelaide, SA 5000 Sold
802/104 North Terrace, Adelaide, SA 5000 802/104 North Terrace, Adelaide, SA 5000-Floorplan Latest Aerial map Imagery for project 802/104 North Terrace, Adelaide, SA 5000

802/104 North Terrace, Adelaide, SA 5000

Bedrooms
2
Bathrooms
1
Area
78m2
Type
Apartment

Last updated on Wednesday, June 05, 2024

$410,000

Toby Shipway - Real Estate Agent - Bruse Real Estate - SA (RLA 181689)
Toby Shipway Residential Sales Specialist
Call Message Chat

802/104 North Terrace, Adelaide, SA 5000 - More Details

$410,000

Your New Inner-City Pad or High Yielding Investment!

Positioned perfectly on the 8th floor with a direct view across to Adelaide Oval, this is a fantastic opportunity to secure an exceptional apartment on popular North Terrace.

The two-bedroom apartment showcases the best of city living by providing a great lock-up-and-go apartment that appeals to both prospective owner-occupiers and investors.

Featuring a rarity of a long, wrap around balcony, overlooking the bustling North Terrace, it seamlessly connects the living and dining areas.

Well proportioned with ease of living in mind, this modern fully furnished apartment features minimalistic, sleek interiors, and spacious open plan living.

The modern kitchen enjoys quality appliances, with a cooktop, benchtops, and cupboard storage space. As a bonus, brand new air conditioning has been approved and will be installed shortly.

The two bedrooms are both excellent sizes, with the master bedroom having direct access to the large two-way bathroom with separate spa bath, shower and quality fixtures. A non-obtrusive European laundry is hidden away nicely.

The sale of this apartment includes full use of complex facilities.
Investors.

Currently the apartment is under management with Oaks and returns a very healthy $2504.67 Gross (Monthly) Rent. It has been a profitable set and forget for the owners.

However, a number of apartments in the complex are receiving greater returns by way of management through Airbnb, Stayz, private rental etc. Airbnb in particular is popular with investors in this complex, given the location.

Because the apartment meets the requirements for Stamp Duty Exemption (Subject to Revenue SA Approval), you'll enjoy a saving of approximately $15,000! For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land).

The location of this apartment is second to none: RAH, North Terrace restaurant precinct, Adelaide Casino, and of course the iconic Adelaide Oval are at your doorstep. There's also a good selection of education facilities in walking distance, including University of Adelaide's medical and health sciences building, and UniSA's City West campus, Health and Medical Clinic.

This is a property you really must consider.

PROPERTY INFORMATION:

Oaks Property Management Fee: $299.79 per month (approx.) - Only applicable if leased to the Oaks

Council Rates: $2,103.00 per annum (approx.)

Water Rates: $156.37 per quarter (approx.)

Community Rates:
Admin Fund: $1,312.00 per quarter (approx.)
Sinking Fund: $308.00 per quarter (approx.)

ESL: $417.85 per annum (approx.)
Type
Apartment
Bedrooms
2
Bathrooms
1
Area
78m2

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802/104 North Terrace Adelaide SA 5000

Property FAQs

How many bedrooms does the property listed 802/104 North Terrace, Adelaide, SA 5000 feature?

802/104 North Terrace, Adelaide, SA 5000 is a 2 bedroom Apartment.

What are the standout features of the 802/104 North Terrace, Adelaide, SA 5000?

Explore all key property features for 802/104 North Terrace, Adelaide, SA 5000. Click here to find out more.

What is the total land area and built-up area of the 802/104 North Terrace, Adelaide, SA 5000?

The total land area and built-up area of the 802/104 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 802/104 North Terrace, Adelaide, SA 5000?

There were no car spaces found on the listing for 802/104 North Terrace, Adelaide, SA 5000.

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