201/242 Flinders Street Adelaide, SA 5000

Inspection by appointment - All Offers Considered

Primely positioned in the heart of Adelaide's vibrant CBD, providing easy access to amazing dining, cafe, and bar options, as well as Rundle Mall, the Art Gallery of South Australia, the University of Adelaide, schools, and public transport.

Currently rented under the National Rental Affordability Scheme (NRAS) until 28/07/2024 with an income of $324 per week, plus an annual incentive of $11,124 (approx). Return on investment is 7.5% gross (approx) or approximately $27,980 (including NRAS incentive payment)

Property features:

• 2 bedrooms and 1 bathroom
• Master bedroom has a built-in wardrobe and direct access to two-way bathroom
• Bedroom 2 has a large glass door and can be used as an office
• Modern kitchen with dishwasher, induction stove and great storage
• Large open-plan family and dining room
• European style laundry discreetly hidden
• Carpets throughout all living spaces
• Split system air-conditioning in all living spaces
• Intercom access and secure entry
• Located in the heart of Adelaide CBD - everything at your fingertips!
• Christian Brothers College, Adelaide is across the road

The nearby unzoned primary schools are Gilles Street Primary School and Sturt Street Community School.

The nearby zoned secondary school is Adelaide Botanic High School and Adelaide High School. The nearby unzoned secondary school is Mitcham Girls High School.

Information about school zones is obtained from education.sa.gov.au. The buyer should verify its accuracy in an independent manner.

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.

Property Details:
Council | Adelaide City Council
Zone | CC - Capital City\\
Land | TBCsqm(Approx.)
House | 80sqm(Approx.)
Built | 2014
Council Rates | $321 pq (Approx)
Strata | $749 pq (Approx)
Water | $154 pq (Approx)
ESL | $126 per annum (Approx)