5/12-20 Cromwell Street, Adelaide SA

$279,000 - $299,000


Rooftop apartment - stunning yet quiet location

RLA 252 299

This one will be popular!

Situated only a short (free) tram ride to the CBD and Adelaide Train Station and only metres to restaurants and parklands.

You will enjoy views over the South Parklands to the South from the huge glass window wall of the open plan living area with a split system air conditioner. In addition you also get stunning northern light for winter warmth into the two generous bedrooms - both with built in robes. It even has a separate toilet.

1 of only 8 Community Strata apartments - all with security access and a designated secure carpark underneath you. This 77m2 unit is a little different in that you have nobody living below or above you as it is on one level on the top of a mulit-level carpark.

The private sunbathed rear courtyard is handy but the larger front balcony is the one you will enjoy the most. Being at the end of the group you should have no one coming past your unit.

Recently painted and ready to move in but will benefit from upgrades to kitchen, bathroom and flooring when the budget allows.

This is priced to sell as the country owner can no longer get the best benefit from it. Now it is your turn.

It will suit a huge range of buyers from Country folk wanting an easy care city base with a secure carpark to singles or couples wanting value buying in the city and investors will love the expected returns in these days of low interest rates. The last tenant was paying $330 per week.

The Strata Corp is professionally managed by Whittles and whilst the fees seem high at $709 per quarter - this figure includes your water usage and they have also amassed $72,000 in the sinking fund for future works. You will take advantage of the money that the current owner has invested into this future fund.

The furniture in the photos is for display purposes only - the unit is currently vacant.

For most definite sale - don’t delay as it will sell fast!