102/82 Frome Street Adelaide SA 5000
Super Investment - Stylish Mantra Apartment & Studio
Guide: $385,000 - $420,000
If you are looking for an apartment investment in the Adelaide CBD this one is worth your time. Located on the first floor within an iconic & prestigious tower modelled on The Ritz in France, including 2 fully serviced properties in 1, the apartment features a double bedroom with private balcony access through French doors, and is self-contained with living, dining, kitchen, bathroom & laundry facilities. Alongside is a 1 bedroom studio with en-suite and private balcony. Both properties were re-furbished within the last 5 years. Other features include undercover car parking (x1) and reverse cycle air conditioning.
The combined properties are leased (approx. $30,000 p/a) to Mantra until December 2014, with a 5 year extension available until December 2019 and 2 x 5 year further rights of renewal. Full lease documents available on request.
This is a low-risk, low-stress investment. Ideal as a 1st investment or one to add to your portfolio/super fund, Mantra takes the hassle out of investing - they find the tenants!
- General Features
- Property Type:Apartment
- Bedrooms:2
- Bathrooms:2
- Outdoor Features
- Garage Spaces:1
- Other Features
- Property Type: Apartment