18/36 Franklin StreetAdelaide SA 5000
Property Details for 18/36 Franklin St, Adelaide
18/36 Franklin St, Adelaide is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.
Last Listing description (May 2024)
If you're searching far and wide for an investment you can set and forget with a guaranteed income and not a finger to lift, the answer might be closer than you think.
Try right in the bustling heart of Adelaide's CBD, on the fourth floor of the historical Franklin Apartments building; a fully-furnished two-bedroom pad with a secure designated car park, open-plan kitchen and a guaranteed annual income of $26,849.
That income is guaranteed because the complex will take it from here, managing every guest that will lap up its perfect position near the Central Market, Rundle Mall, Riverbank precinct and more. The search is over.
Features we love...
- Fully furnished and managed
- Guaranteed yearly rental return makes it a sound investment/superannuation strategy, with a review of the return every January with a guaranteed CPI increase
- Lease back to Franklin Apartments on a 5 year lease
- No property management fees
- Two spacious bedrooms, both with built-in robes
- Large timber kitchen with stone benchtops, dishwasher and loads of storage
- Fully furnished
- Ducted temperature control
- Reception desk/services and very secure
- Designated car park
Council - City of Adelaide
Council Rates - $1,492.45 p/a
SA Water Rates - $1000.00 p/a (Estimate)
Emergency Services Levy - $372.25 p/a
Strata fees - $4857.80 p/a
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 275 403
Property History for 18/36 Franklin St, Adelaide, SA 5000
- 18 May 2024Sold for $335,000
- 17 Oct 2023Listed for Sale Not Disclosed
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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 17,934 properties.
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