33/259 Gouger Street ADELAIDE

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City Investment Opportunity - approx 11% Gross Return!*

ATTENTION INVESTORS! This furnished studio, with kitchenette and ensuite and it's own car park is located on the third floor of the BreakFree Directors Studios complex and offers a fantastic hassle free opportunity to invest in the CBD.
Long term managed lease to Breakfree Studios who operate as serviced apartment accommodation - *Rental for the 2017/18 financial year of $9,389.33 (Unit + Carpark combined - Average of $180.56 per week).
Attractive for investors, or self managed super funds with a passive income stream in place. A studio plus a carpark for $79,500 - great value!

STRATA MANAGER: Whittles
FEES:
- Unit 33 (Studio) Approx 26sqm
STRATA = $312/qtr admin + $33/qtr sinking fund = $345/qtr total
ESL = $133.95 p.a. / SA Water = $154.25p.a. / Council: $943p.a.
- Unit 43 (Carpark)
STRATA = $39/qtr admin + $4/qtr sinking fund = $43/qtr total
ESL = $69.80 p.a. / SA Water = $57.15p.a. / Council $87.85p.a.

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Property information

  • Property Type Apartment
  • Sold Price $77,000

Location