513/61 Hindmarsh Square ADELAIDE SA 5000
$255,000 - $275,000

DESCRIPTION

Please call agent to book a private viewing !!

An excellent investment for those too busy or not wanting to take an active role in management and all the associated hassles. Fully managed and furnished Mantra hotel suite. This beautifully presented apartment located on level 5 of the complex, offers 2 bedrooms with BIR's, sparkling bathroom, open plan kitchen, dining, lounge & stunning Adelaide Hills views. Rental Income $19,217.22 per annum (assessable income 2018/19).

Excellent hotel facilities including restaurant, coffee lounge and cocktail lounge on ground level. Ideally located in the Adelaide city centre close to all the necessities, for business or leisure. The owner of the property is entitled to spend 14 nights "FREE" accommodation every year (see agent for terms, conditions and further details).

Features you will love;
- Open plan living with dining
- Smeg appliances
- Built-in wardrobes in bedrooms
- Reverse Cycle Air Conditioning
- Light-blocking curtains
- 2.7m ceilings
- Maintenance free
- 24 hour reception
- 24 hour valet parking
- 24 hour room service
- Concierge
- Laundry service on Level 1
- Gym on Level 5
- Restaurant, café and bar
- Rundle Mall, amenities and a plethora of restaurants bars at your door step
- Investors are entitled to 14 nights "FREE" accommodation every year.

What a fantastic opportunity to secure such a rewarding and no maintenance investment property in one of Adelaide's best locations. To view this beautifully presented apartment, please contact Rupinder Singh to book your inspection.

Community Title
CT / Vol 5888 /Fol 851
Council / Adelaide
Zoning / CC'13
Year Built / 2003
Council Rates / TBA
Water & Sewer / $171.82 p/q approx.
ESL / $348.00 p/a approx.
Community Fees / $978.00 p/q approx.
Rental Return: $19,217.22 p/a approx (assessable income 2018/19).

RLA 275886