FOR SALE
$389,000 to $420,000

72/227 North Terrace
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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FABULOUS INVESTMENT - READY MADE TENANTS- 1ST HOME BUYERS WELCOME -BALCONY VIEWS

Positioned on North Terrace in the heart of Adelaide's educational and cultural precinct, 'Student Living East West' is a safe and secure apartment building providing student accommodation managed by UniLodge. This exciting investment opportunity presents a three bedroom fully furnished apartment for the astute investor, presently occupied by three students providing a combined rental return of approximately $26800 (significantly increased next year)per annum with annual rent reviews. The property also welcomes owner-occupiers with the sale conditional upon current tenancy and property management terms and conditions. This vibrant apartment building is optimally located to attract student residents. Within steps is the University of South Australia's City East campus, the University of Adelaide, the Adelaide Museum, the Art Gallery of South Australia, the State Library and popular shopping and dining destinations. Apartment 72 delivers fresh and stylish three bedroom accommodation featuring open plan living, a modern kitchen, laundry facilities and a fully-tiled bathroom.
CURRENTLY ADVERTISED AT THESE PRICES. FOR A 6-12 MONTH LEASE.
BEDROOM 1 @ $340 PER WEEK
BEDROOM 2 @ $340 PER WEEK
BEDROOM3 @ $325 PER WEEK
PROPERTY FEATURES *Completely furnished accommodation
*Secure and private front entry
*Open plan living and dining with lovely balcony views.
*Ducted air conditioning
*Fully carpeted in bedrooms, lounge & dining rooms.
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Property Details for 72/227 North Tce, Adelaide

72/227 North Tce, Adelaide is a 3 bedroom, 1 bathroom Apartment. The place is currently for sale with CENTURY 21 First Choice In Real Estate.

Building Type
Apartment

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,932 properties.

    There are currently 178 properties listed for sale, and 79 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1044 properties were sold in the past 12 months in Adelaide.

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    John Leske
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    CENTURY 21 First Choice In Real Estate
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    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.