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Apartment
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for sale
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High yield, set and forget investment opportunity
St Marys, Adelaide
· 1 Bedroom · 1 Bath · Apartment
St Marys, Adelaide · 1 Bedroom · 1 Bath · Apartment
Currently managed by the Oaks Hotels and Resorts, this fully serviced investment offers a genuine 'set-and-forget' opportunity with a guaranteed rental return of $775.00 per week (approx. $40,299.96 per annum). That's an impressive 8% gross yield, making it a solid addition to any portfolio. It gets even better! This property also meets the requirements for Stamp Duty Exemption (Subject to approval from Revenue SA). This is a potential saving of over $20,000! If you're looking to get more adventurous, the flexibility of this apartment offers so many other options. Manage the apartment yourself on a short basis through Airbnb, Stayz & other platforms, choose from a choice of Airbnb companies who can do it all for you, or lease on a long-term tenancy agreement. Looking to move in and enjoy an exciting city lifestyle, this is easily done via 90 days written termination notice. Everything the city has to offer is right at your doorstep! The exciting River Torrens Precinct and Adelaide Oval
Currently managed by the Oaks Hotels and Resorts, this fully serviced investment offers a genuine 'set-and-forget' opportunity with a guaranteed rental return of $775.00 per week (approx. $40,299.96 per annum). That's an impressive 8% gross yield, making it a solid addition to any portfolio. It gets even better! This property also meets the requirements for Stamp Duty Exemption (Subject to approval from Revenue SA). This is a potential saving of over $20,000! If you're looking to get more adventurous, the flexibility of this apartment offers so many other options. Manage the apartment yourself on a short basis through Airbnb, Stayz & other platforms, choose from a choice of Airbnb companies who can do it all for you, or lease on a long-term tenancy agreement. Looking to move in and enjoy an exciting city lifestyle, this is easily done via 90 days written termination notice. Everything the city has to offer is right at your doorstep! The exciting River Torrens Precinct and Adelaide Oval
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