Directly opposite the iconic Adelaide Oval and the exciting River Torrens Precinct, this spacious apartment boasts an amazing city lifestyle or a prime investment opportunity offering even further potential with Adelaide’s most talked about developments right at your doorstep.

The ever developing River Torrens Precinct just keeps on giving with the redeveloped Adelaide Oval, Adelaide Convention Centre with stage 2 of the expansion nearly completed and the extensive Medical Precinct less than a few hundred metres away.

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.

Move straight in and enjoy all the advantages of no maintenance living in this fantastic location or reap the rewards of the viable rental returns on offer through a choice of reputable management companies. Currently leased to the Oaks Hotels and Resorts for a guaranteed rental return of $1,818.00 per month after management and cleaning fees.

This apartment is the largest single bedroom floor plan in the complex with the added advantage of being wheel chair friendly. On entrance you are welcomed with the well equipped, fully contained kitchen with solid Caeser Stone bench tops, island bar and quality fixtures and fittings. This flows through to the light filled open plan living and dining areas opening out to the full length balcony with stunning views over North Terrace, the river Torrens and the CBD.

The generous bedroom is light filled with frosted sliding doors to the living area, built in robes and direct access to the two way bathroom complete with quality finishes.

Further features include ducted reverse cycle air conditioning, a European style laundry with a washer/dryer, excellent security with 24 hour reception, video intercom and a swipe card system to allow access to all parts of the building. Accessing Foxtel and the internet is also made easy with data cable throughout.

Guests and owner occupiers are also welcome to the use of the facilities with an indoor heated lap pool, spa, sauna, steam room, plunge pool and gym. This is a unique opportunity to own such a great apartment in a city location that has so much to offer!

Property Information:

Council Rates: $1,080.00 per annum (approx.)

SA Water Rates: $200.00 per quarter (approx.)

Community Fees: $1,185.00 per quarter (approx.)

Emergency Services Levy: $302.00 per annum (approx.)