Australia | Adamstown

$200,000

501/88 Frome Street, Adelaide, SA 5000

# Location

Description

Very Affordable Opportunity to purchase a ‘Hands-Off‘ Investment. Secure a long-term lease with a guaranteed income of $1,133 per month, plus annual increases.

Note: No stamp duty is payable on the purchase price, subject to Revenue SA approval.

This one-bedroom apartment, overlooking Frome Street, comes fully furnished and comprises bathroom, kitchenette, separate double bedroom with split-system air-conditioning and living dining area with small balcony overlooking the city skyline.

Fantastic East End location close to Rymill Park, Rundle Street and all the action.

Please note:

This is a long-term investment, not suitable for owner-occupiers.

Inspect by appointment.

Specifications: CT / 5717 / 722 Council / City of Adelaide Zoning / CC Year Built / 2000 Council Rates / $1236.95 p.a. SA Water / $153.70 p.q. ESL $78.70 p.a. Strata Admin / $1007 p.q. / Sinking Fund $397 p.q.

#expectmore RLA 62639

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Guy Measday

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5 (14 Reviews)

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