128/255 Hindley Street, ADELAIDE

Don't miss out on purchasing a hassle free investment in the well-known Break Free Adelaide Complex!

This apartment is under a long term lease with Break Free until 2021, with the option to extend for a further 10 years. In the last year alone this apartment achieved a 5.5% net return!

Why you will love this property:
- 1 Bedroom Studio Apartment with built in robe
- Modern kitchen with stainless steel oven
- Dining/lounge room
- Bathroom with laundry
- Reverse cycle split system
- North facing balcony
- Common courtyard
- 5.5% net return (approx)

Just a short stroll away from the new Royal Adelaide Hospital, The Medical Centre, UniSA, restaurants on North Tce and Rundle Mall, it is the perfect investment to add to your Super and/or Investment portfolio, call for a viewing today!

Council rates: $885.45 per year
ESL: $115.55 per year
Strata rates: $575.63 per quarter including sinking fund
Water rates: $197.75 per quarter
Rent income from July 2013 to June 2014 $11491.48
This equals to approx $220 per week!

Please note though, this apartment cannot be lived in.

Property Code: 403907817