$270,000
Vistors and travellers are always looking for an ultra comfortable place to stay, that is well located with in the CBD so the choice is obvious, this fully self contained one bedroom apartment set in iconic T&G Building on the corner of King William and Grenfell street and is operated by Mantra Hotels .
Situated on the second floor facing west, lets the setting sun stream through out the large double insulated windows for guests that ensures there stay is peaceful and relaxing.
Whichever way they look there is an abundance of restaurants, cafes, pubs all close however if they cant be bothered all they need to do is grab a few thing and stay in and prepare something nourishing in the apartment its all there to cook and enjoy.
The location is the drawcard with Adelaide Oval, Festival Theatre and Riverbank Precinct one way and the Fringe ,Central Market with China Town the other plus easy access to the tram, buses, and a delightful stroll the train station and of course order a taxi or an uber to pick them out the front.
So if you are looking to add to your superannuation fund or simply looking to diverse you income streams add this to your portfolio or a first time investment 82 King William street is ideal.
Massive bonus with this investment is that the apartment is on a commercial lease and therefore stamp duty is not applicable (subject to application with Revenue SA).
An ideal set and forget investment securely leased to Mantra Hotels
26th March 2021-- 25th March 2031
Please contact agent for income details:
Property Details
CT: 5900/228
Council: City of Adelaide
Council Rates: $388.60 p/q approx
Zoning:CC13
SA Water $165.55 p/q approx
Body Corp:$1,181.00 p/q approx
Sinking fund:$317.00 p/q
This is your opportunity!
208D Henley Beach Road, Torrensville SA 5031
PETER VAN PARIDON
0413863366
