Easy City Living Or Cracking Good Income Potential

Set on the 15th Floor with views to the South and West, this apartment is sure to put a smile on your face

A versatile and affordable apartment, the benefits of living in the city are almost unlimited. You could arguably eat at a different restaurant or eatery every week and still never get around to them all. From silver service dining at Seans Kitchen, yum cha at Star House, The Meat and Wine Co. for the best steaks, Teppanyaki at Erato, and the list goes on

Situated in the West End Precinct, you are just a short walk away from Chinatown, Adelaide Oval, the Riverside Precinct and Festival Theatre, Rundle Mall, Adelaide University & TAFE campuses, and the gastronomical delights of Central Market… we could go on for days!

However, if you need to move around Adelaide, there are bus stops at your door, the North Terrace Tram within an easy walk, as is the Central Train Station

Available now to live in, place the property into the normal rental market or take advantage of the current usage to run the property as an Air BnB. Our vendor has been running the apartment in the short-term leasing market with a very healthy annual return as this position and style of property are highly sought after in this market place

The apartment itself offers a flood of natural light; the master bedroom can accommodate a king size bed. A blended Californian laundry is tucked away in the hall and a HQ bathroom makes it all that more appealing. The open plan living with the kitchen running along the wall offers versatility and a surprising amount of room. The living area made even bigger by the glass sliding doors that lead to a fully glass enclosed balcony/sunroom with café style stacker top doors to open to the outside air. If you have looked at apartments in the CBD, this, is a rare and valuable feature. The perfect venue for a relaxing wind down drink or dinner whilst the sunsets, and the sparkling lights of the CBD start to dance. Category 5 cabling and split system air conditioning are added benefits.

The Balfour apartments offer key card and security video intercom access into the building, perfect for the safety conscious. The communal facilities include a funky glass bottom edge pool, sauna, steam room and spa, another awesome way to unwind after a big day or a great bonus when attracting tenants .The apartment comes with a secure carpark allocation with added key card swipe security in and out of the carpark and lifts.

So much value and potential at a sensational entry price

Year Built: 2009
Council Rates: $391 p/q (approx.)
SA Water Rates: $154 + usage p/q (approx)
Community Corporation:
Admin Levy: $1006 p/q (approx)
Sinking Fund: 292 p/q (appro.)
ESL: $100 p/a (approx)

RLA 188874

Property ID: 1295472