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Graeme Clark
+ 61 0408081313
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Sold

Apartment

SOLD on Jul 2023
$445,000

31/22 Cambridge Street, North Adelaide, SA, 5006, Australia

2Bedrooms
1Bathrooms
1Carspots
Map of the surrounding area
Nearest stations
North Adelaide
1.1KM (14 mins)
Ovingham
1.5KM (19 mins)
Adelaide
1.5KM (19 mins)

Property Rates

  • Council Rates
    $351.35 Quarterly

Property Features

  • Built-in Robes
  • Air Conditioning

About this Property

Introducing your new dream long term investment property, a perfect location in the tightly held suburb of North Adelaide.

Located in the heart of North Adelaide with the CBD only minutes away, you'll have Adelaide's classiest food and beverage outlets right at your doorstep.

The apartment is currently tenanted to lovely tenants on a fixed lease arrangement, with an end date is 09/02/2024.

When you are looking for an investment property these are the key factors you should consider, and this property puts a tick in every box:

• Location... this property is in a prime location between O'Connell St and Wellington Square, North Adelaide for food and entertainment and within a short distance to the RAH for young Doctors and Nurses looking to rent close to work or students close to Adelaide university campuses.
• Tenants... the existing tenants have been brilliant and are leased until Feb 2024
• Property condition... this property is in excellent condition, a testament to the tenants and the existing Property Management.
• Yield... at more than 4.5% it will just about pay for itself (depending on your Tax position)
• RAH and Adelaide CBD is just 2.5kms
• North Adelaide Village 229metres


The numbers:
• Council Rates $351.35 per qtr.
• Strata Fees $579 per qtr.
• Sinking Fund $33 per qtr.
• Rent $750 per fortnight. ($4,875 per qtr.)

Don't miss out on this incredible opportunity...
Contact Graeme Clark on 0408 081313 for further information.

NOTE: The photos displayed were take prior to the current tenancy

NOTE: Buying as an investment property? Why not speak to the City Realty Residential Property Management team on (08) 8212 5899 about managing this or your other investment properties.

Disclaimer:
This advert contains information and imagery which is believed to be accurate based on City Realty sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.cityrealty.com.au | RLA 262 481

Agency logo
Avatar of G. Click to visit the profile.

Graeme Clark

City Realty
+ 61 0408081313
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More Details on 31/22 Cambridge Street, North Adelaide SA

How many bedrooms and bathrooms does 31/22 Cambridge Street, North Adelaide have?

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31/22 Cambridge Street, North Adelaide is a 2 bedroom, 1 bathroom apartment.

Who is the agency that listed 31/22 Cambridge Street, North Adelaide?

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The agency who listed 31/22 Cambridge Street, North Adelaide is City Realty - you can contact the agents here.

How many car spots does 31/22 Cambridge Street, North Adelaide have?

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31/22 Cambridge Street, North Adelaide is a 1 car spot home.

How much is 31/22 Cambridge Street, North Adelaide?

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The price of 31/22 Cambridge Street, North Adelaide is $410K - contact the agents to find out more.