Adelaide 24/61 Hindmarsh Square

Sold $100,000
1 bed 1 bath Apartment

SUPERB FULLY MANAGED INVESTMENT OPPORTUNITY MANTRA HOTEL SUITE – ATTRACTIVE INNER CITY LOCATION

Net Income $13,000. Approx. 6.5% return.
An excellent investment for those too busy or not wanting to take an active role in management and all the associated hassles. Fully managed and furnished hotel suite. Double bedroom, bathroom, open plan kitchen, dining, lounge plus balcony. Excellent hotel facilities including restaurant, coffee lounge and cocktail lounge on site. Walking distance to Adelaide’s major retail stores, cinemas, markets and public transport. Fourteen nights accommodation per annum to owner with minimal service charge. Financial Report for Year Ended 30/6/08, Scheme Performance and associated Community Corporation documentation is available. Price $200,000.

Bernard H. Booth Pty. Ltd. - RLA184130

INSPECT BY APPOINTMENT

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