Exciting Investment Opportunity adjacent the River Torrens Precinct,

1317/96 NORTH TCE, ADELAIDE, SA, 5000

$310,000 - $320,000


About this property


North facing apartment boasting stunning views directly over Adelaide Oval, North Terrace, the River Torrens and the new Medical Precinct. Perfectly positioned with everything at your doorstep, this chic apartment offers an excellent investment opportunity and great city lifestyle.

Soon to be completely renovated with new carpets, paint, curtains, LED downlights, cooking appliances and full furniture package the apartment will be in next to new condition with nothing to do but reap the rewards with a guaranteed rental return of $1,769.05 per month ($408.25 per week) after the Oaks' management and cleaning fees.

The flexibility also allows you to manage the apartment yourself on a short term basis through companies such as Airbnb and Stayz or sit back and let one the reputable companies take care of it for you.
This city location is second to none with the iconic redeveloped Adelaide Oval, River Torrens Precinct and Adelaide's ground-breaking Medical Precinct all with walking distance. There is a huge choice of education facilities nearby, less than 500 metres away you'll find the University of Adelaide's medical and health sciences building and UniSA's City West campus, Health and Medical Clinic.

First Class restaurants and bars are just a short walk away and gourmet shopping at nearby Central Markets and Gouger Street. Adelaide University, University SA and TAFE are all very close with secondary education zoning for Adelaide High School. Transport options easily accessible with the tram, Adelaide Train Station and major bus stops only a minute away.

Positioned on the 13th floor, the apartment comprises of bright and light open plan living and dining with neutral colour schemes and excellent decor throughout. This flows through to the north facing balcony with amazing views of the nightly light shows at Adelaide Oval.

The kitchen is well appointed with solid granite bench tops, quality fixtures and will soon have brand new stainless streel oven, cooktop and dishwasher. The bedroom is great size with built in robes and a frosted glass widow to allow in natural light. The ensuite offers modern finishes with a European style laundry complete with a washing machine, dryer and basin.

Further features include ducted reverse cycle air conditioning and excellent security with a swipe card system, video intercom and 24 hour reception in the foyer.

The complex also provides free access of the indoor heated lap pool, spa, sauna and gym.
All've these excellent luxuries are maintained through the community fees.


Certificate of Title:

Council: City of Adelaide
Council Rates: $432.75 per quarter (approx.)

Water Rates: $161.87 per quarter (approx.)

ESL: $410.60 per annum (approx.)

Community Rates:
Admin: $787.00 per quarter (approx.)
Sinking: $263.00 per quarter (approx.)

For more details about this property, click here and view it at www.onthehouse.com.au



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