805/55 Hindmarsh Square, Adelaide

This is a unit on a lot in Adelaide SA. In the council area Adelaide, featuring 1 bedroom and 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
-
Building size
-
Council area
Adelaide
Year built
n/a
Lot plan
Adelaide SA
House type
Unit: Standard



HISTORY




LISTING DESCRIPTION
as of September 2019

Prime investment opportunity. Mantra on Hindmarsh Square. With interest rates so low and rental yields so high... Now is the perfect time to invest!

Developer's own stock... Never sold before... 9 sold, only 1 remaining.

"Mantra on Hindmarsh" offers investors a blue chip opportunity to own a boutique apartment within this highly successful development.

Fully furnished and professionally managed apartment that offers investment confidence.

As an owner you can take advantage of up to 14 nights accommodation in your or a similar apartment at highly discounted rates.

These investment apartments have proven to be very popular with interstate investors.

# 805 : $199,000 : Studio apartment of 36.10 sqm on the penthouse level and returning $17,402 and showing a gross return of 9% approximately. Located on the 8th floor facing west.

Current outgoings $5,345.00 pa approx. consisting of:
Council $1,372.00
Community rates: $3,096.00
ES Levy: $260.00
Water rates: $617.00

# 103 SOLD
# 522 SOLD
# 601 SOLD
# 622 SOLD
# 703 + 705 SOLD
# 707 + 709 SOLD
# 717 + 719 SOLD
# 809 + 810 SOLD
# 813 SOLD

PLEASE NOTE:
These apartments are for investors only and are not available for owner occupying or private leasing.
Figures are for the financial year ending 30 June 2019.

Please contact Agent to organise a private viewing.

Disclaimer:
All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.

Features include: Air Conditioning, Built-In Wardrobes, Close to Transport, Close to Shops