Description

Prime investment opportunity adjacent the River Torrens Precinct, Adelaide Oval, Convention Centre and the Research & Medical Precinct. Perched sky high on the 15th floor in the exclusive Embassy Apartments, this fully furnished executive apartment has it all! Situated in one of Adelaide's most talked about CBD locations, choose to live in and enjoy an exciting, low maintenance lifestyle and/or take advantage of the outstanding rental returns on offer.

Currently tenanted through the Oaks Hotels and Resorts with a guaranteed return of $2,470.00 per month ($570 per week). Looking to get a bit more adventurous... manage it yourself through Airbnb, Stayz, Booking.com or any other way you see fit and reap all the benefits of this fantastic investment opportunity!

**Take note - this apartment is also applicable for Stamp Duty Exemption (Subject to Revenue SA Approval). For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land)** You'll save approximately $16,000 on top of the purchase price.

This location speaks for itself with the iconic Adelaide Oval, River Torrens Precinct and Adelaide's ground-breaking Medical Precinct at your doorstep. There is a huge choice of education facilities nearby, less than 500 metres away you'll find the University of Adelaide's medical and health sciences building and UniSA's City West campus, Health and Medical Clinic.

Transport options easily accessible with the tram, Adelaide Train Station and major bus stops right at your doorstep. All within a short walk you'll find first class restaurants, great shopping, the Adelaide Casino, The Entertainment Centre, Festival Theatre, Adelaide Convention Centre, Rundle Mall and the new Royal Adelaide Hospital.

Inside the apartment features spacious open plan living and dining complimented with an abundance of natural light, neutral colour schemes and floor to ceiling glass sliding out to the generous full width balcony.

The kitchen well equipped with solid granite bench tops, stainless steel cooktop, oven and dishwasher and quality fixtures and fittings. The bedroom is great size with built in robes and frosted glass sliding doors through to the two-way ensuite complete with modern finishes and a large spa bath.

Further features include a European style laundry with a washing machine and dryer, ducted reverse cycle air conditioning, excellent security with a swipe card system and 24-hour reception in the foyer.

The complex also provides free access to the revamped resort style facilities complete with indoor heated lap pool, sauna, and gym. All these excellent luxuries maintained through the community fees.

Car parks may also be leased from $240 per month or purchased from $55,000 in the Care Park

located right next door to the Embassy.

This is an excellent opportunity to invest in one of Adelaide CBD's best locations. Live in as an owner occupier and enjoy a low maintenance city lifestyle or take advantage of this prime location and reap the benefits as an investment property, the choice is yours.

For any further information please contact Toby Shipway on 0413 600 919.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.

View More

Key insights

Amenities

Calculator