1010/104 North TerraceAdelaide SA 5000
Property Details for 1010/104 North Tce, Adelaide
1010/104 North Tce, Adelaide is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Apartment sold in Adelaide in the last 12 months.
Last Listing description (March 2024)
Invest in this Prime City Location with a yield return of above 8%!
Fantastic investment and lifestyle opportunity in one of Adelaide's best CBD locations. Directly opposite the exciting River Torrens Precinct with Adelaide Oval, the Convention Centre, Sky City Casino and the Adelaide Festival Centre. 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.
Fully furnished with everything you need, this apartment offers a huge range of options! Choose to reap the excellent fuss free rental returns provided through a choice of management companies, lease the apartment out privately or enjoy the city vibe as an owner occupier. Currently managed by The Oaks Hotels and Resorts for a guaranteed gross income of $2,166.67 per month.
The flexibility also allows you to manage the apartment yourself on a short-term basis through companies such as Airbnb, Booking.com & Stayz or sit back and let one the reputable companies take care of it for you.
The apartment features a well-appointed kitchen adjacent the open plan living and dining with direct access to the full width balcony complimented with stunning views over the colourful city skyline, Adelaide Hills and summer sunsets over the ocean. The bedroom is great size with built in robes and frosted glass windows and a two-way ensuite complete with modern finishes and spa bath.
Further features include a European style laundry, ducted reverse cycle air conditioning, excellent security, video intercom and 24 hour reception in the foyer. The complex also provides free access to the resort style facilities with the indoor heated lap pool, spa, sauna and gym.
This is an excellent opportunity to invest in one of the 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.
PROPERTY INFORMATION:
Certificate of Title: Volume 5903 Folio 776
Council: City of Adelaide
Zoning: Capital City Zone
Year Built: 2003
Oaks Management Fee: $260.30 per month (approx.) - * Only applicable if leased to the Oaks Hotels.
Council Rates: $1,433.35 per annum (approx.)
SA Water Rates: $160.00 per quarter (approx.)
Community Fees
Admin Fund: $937.00 per quarter (approx.)
Sinking Fund: $220.00 per quarter (approx.)
ESL: $452.39 per annum (approx.)
Property History for 1010/104 North Tce, Adelaide, SA 5000
- 13 Mar 2024Sold for $320,000
- 09 Jan 2024Listed for Sale Not Disclosed
Commute Calculator
Recent sales nearby
See more recent sales nearbySimilar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 17,939 properties. Over the last 5 years, Houses in Adelaide have seen a 53.84% increase in median value, while Units have seen a 25.84% increase. As at 31 July 2024:
- The median value for Houses in Adelaide is $1,107,070 while the median value for Units is $491,735.
- Houses have a median rent of $620 while Units have a median rent of $560.
Suburb Insights for Adelaide 5000
Market Insights
Adelaide Trends for Houses
N/A
N/A
View TrendN/A
N/A
Adelaide Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
