This has to be one of the best city apartments on the market, combining history, location and a secure return.
Situated in the historic 1900's Mansions building, with high ceilings, grand rooms and character features, it's amongst the largest of the apartments, positioned on the third floor with two separate rooms, bedroom and living room, with access to the rooftop laundry and BBQ area.
Its got a private balcony off the living area and a bay window off the bedroom, providing views of Pulteney Street, Rundle Street, the hills and Adelaide University.
The location is unbeatable, almost on Rundle Mall, next to Adelaide University, a stroll to the Botanic Gardens and next to the vibrant East End caf precinct.
Securely rented to La Loft Apartments , an Adelaide owned and based company which has been successfully managing executive apartments and town houses since 2001.
La Loft Apartments have a current lease expiring December 2017, with a further 3 rights of renewal, taking the lease term out to December 2026.
With such a long term lease in place, with annual rent increases, means you will never have to worry about finding a tenant or collecting rent.
Plus there are no property management fees.
It's offered fully furnished, inclusive in the price.
The guaranteed returns indexed to inflation, combined with this classic character building, make this apartment unique in comparison to other city apartments, with excellent potential for capital growth.
RLA 148936 | Member of the Real Estate Institute Of South Australia
Features
- Balcony
