This property has two options, you can live-in as a resident or own it as a fully managed investment. Designed for students studying in the Adelaide CBD, Unihouse have been operating succesfully for many years and this is set to continue. For more information, go to: www.unihouse.com.au. The fully furnished apartment offers studio style living, with en-suite facilities and kitchenette. Note, you do not need to be a student to live here.

Leased back to Unihouse, they fully manage the property (find and look after tenant etc) and all operating costs, strata, water and council levies are deducted automatically from the rent income, with the net return forwarded to you each month.

The complex is carefully planned and specifically designed to meet the residents’ needs in a city living environment with retail, restaurant and entertainment precinct within close proximity to each complex. It is professionally managed and includes 24hour security and ‘smart card’ access. Located within easy walking distance of Rundle Mall retail precincts, UniSA, University of Adelaide, as well as libraries, galleries; it offers a safe, secure and convenient place to live.

This property is designed as a maintence free investment, you do not have to do anything and just receive the income each month. Great if you are too busy to look after it, or interstate/overseas.

This property is proudly joint-marketed by Alex Ouwens & Martin Wylie. Please call 0433 599 343 to arrange an inspection time or for more information.

General Information:
C/T = 5863/578
Council = Adelaide
Zoning = Central Business Area Hindley & Rundle Mall PA
Income = $970 p/month (averaged approx)
Expenses Contribution (council rates, water, strata & management fees) = $421 p/month (approx) total
ES Levy = $61.15 p/year
Main area = 27 m2 (approx)