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Walkerville, 710/33 Warwick Street

An investment opportunity! With strong returns.

Price reduced ($275,000-$295,000)

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Listing Number: SWV29242
About this listing
A fantastic investment opportunity awaits the astute investor!
Ideal for your self managed the super fund.
Apartment number 10 is located on the seventh floor with breathtaking views to the Adelaide Hills and the City.
The Watson is a luxury Motel located at Walkerville. Walkerville is one of Adelaide's most prestigious suburbs.
This apartment is part of the Hotels accommodation and it has a guaranteed rental return P/A.
This real estate investment allows investors to have total peace of mind knowing their property is being taken care of in every way. The Watson Hotel is the manager and offers a maximum of 3 years on their lease plan.
The lease is based on their option to renew every 1 year. The lease has a further 3 x 1 year terms remaining, a 1+1+1 option with fantastic return approx.$23,880/year (GST exclusive)
Other benefits with this property, depreciation with tax benefits.
Location: Just minutes from the CBD, public transport with the bus is walking distance from the Hotel.
Close proximity to several top schools, walking distance to Walkerville Terrace Shopping Centre and Melbourne Street (North Adelaide) - bursting with quirky fashion boutiques and charming cafes.

Tenants of The Watson enjoy an array of on-site amenities

+ Modern designer kitchen with integrated fridge and
+ Open plan living with exceptional natural light
+Sparkling bathroom/laundry - washing machine
+Split system heating and cooling
+Large private balcony with park views
+Sundeck and 25m solar heated swimming pool
designed by Olympic Gold medalist Michael Klim
+BBQ area with lush green outlook
+Well appointed fitness gymnasium

For any further information please contact,
Wally Armanios 0433 232 398.
Property Information
  • Property Type: Apartment
  • Property condition: Renovated
  • Garaging / carparking: Free standing
  • Construction: Brick
  • Joinery: Timber
  • Chattels remaining: Blinds, Drapes, Fixed floor coverings, Light fittings, Stove, TV aerial, Curtains
  • Main bedroom: Double
  • Bedroom 2: Single and Double
  • Views: City
  • Outdoor living: Pool (Concrete)
  • Fencing: Fully fenced
  • Land contour: Flat
  • Water supply: Mains
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport

Contact Details

Harcourts Property People RLA 60810

685 Port Road
Woodville Park
Office website

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