221/61 Hindmarsh Square Adelaide SA 5000

Accommodation Facilities:

- Newly updated furnishings throughout (Included)

- Fully equipped designer kitchens with microwave & dishwasher

- 2 bedroom suites

- Stylish bathroom

- Mini bars

- International outlets

- Laundry facilities including clothes dryer located on the 1st floor

- Built in 2007

Guest Services:

- 'Suites 55' licensed restaurant and bar featuring A La Carte cuisine, open daily for breakfast lunch & dinner

- 24 hour reception

- 24 hour room service and security

- Foreign currency exchange service

- Gymnasium facilities

Location:

- 50 meters to Rundle Mall shopping precinct

- Easy 10 minute stroll to Adelaide Convention Centre and Sky City Casino

- 50 meters to central business district

- Opposite theatres and parklands

- Moments to cosmopolitan fine dining and cafes

- 10 minute walking distance to the National Wine Centre and the Botanical Gardens

- 15 Minutes taxi ride to the airport

IMPORTANT NUMBERS

$ 291 pa Emergency Levy

$2,476 pa Strata fee

$1,798 pa Council Rates

$ 788 pa Water Rates

Rental income at an average of $1,800 per month after hotel management fee. (Depending on season)

Depreciation schedule approx $5,000 per year

Great opportunity to invest for growth or cash-flow without the hassle with tenants and vacancies !

Note that this is a fully managed serviced apartment so you can't live in it.