Condominium buy in Adelaide South Australia

Just a short walk from Hutt Street's cafes and restaurants! Convenience In The Heart Of The CBD! 402/22 Ifould Street, Adelaide SA 5000 Affordable 1 Bedroom Apartment in secure and modern building. 402 is searching for it's next owner! Nest or Invest! This apartment could represent a great opportunity to get your foot in the door for your first home or investment. Located minutes from Rundle Street, and only a short walk to parks, schools, and all the facilities that city living offers. An exciting lifestyle awaits with a sought-after Central-Eastern location, just a short walk from the cafes and restaurants on Hutt Street. This is an excellent opportunity to invest in a quiet, but convenient CBD location. Settle in as the owner and enjoy a low-maintenance city lifestyle or take advantage of the location and enjoy the benefits as an investment property - the choice is yours! Features Include - 1 Bedroom with BIR - 44sqm+ approx. - Modern kitchen area - Reverse cycle air conditioner - Balcony with sitting room - Away from street noise, on level 4 - Secured with key card access to the building - Intercom for guest entry - Modern apartment building This is a smaller building compared with some of the larger developments, and is well managed by a responsive Strata. The building is located away from Hutt Street, on a quiet side street. Currently tenanted on a 45-day rolling lease, $350 per week. On the investment side it ticks a lot of boxes with simple management and high rental returns with either long or short-term leases (think Airbnb, [hidden] & Stayz). Don't get caught with high strata fees when you buy a city apartment! This apartment is an affordable $391 per quarter, compared with similar apartments on North Terrace for sale now with fees at $2,882 per quarter. Certificate of Title: Volume 6071 Folio 568 Council: City of Adelaide Year Built: 2010 Car Park: None Strata: $391* (per quarter, including sinking fund) Council Rates: $1,171* (per year) Water Supply + Sewer: $146* (per quarter) *Accurate as of last billing period ***Images are for illustrative purposes only and do not necessarily match the exact details of this apartment. All inquiries will be provided with detailed imagery of the apartment at the time of last rental inspection.