Returning $420.00 per week with an excellent, long-term tenant (return of approximately 8.09% on the asking price). The lease is currently periodic, meaning if you are an owner occupier you can give notice to the tenant and move in yourself, or if you are an investor there is a good chance the current tenant would be prepared to commit to a longer, fixed-term lease.

You won't need the car in this location - be in the heart of the action on Adelaide's premier cultural boulevard, taking in views of Adelaide Oval and the suburbs from the comfort of your living room and private balcony.

Everything is at your doorstep - Uni SA and Adelaide University, the new Royal Adelaide Hospital, Hindley Street, Rundle Mall, the Convention Centre and the Casino - the best of the city is your playground.

The apartment is located in the 'Oaks Horizons' building, meaning you also get to enjoy swimming pool and gym facilities without needing to leave the building. An open plan kitchen and living area opens onto the balcony while the bedroom, which features a mirrored built-in robe, offers direct access to the two-way bathroom. Reverse cycle air conditioning and internal laundry facilities are other noteworthy features.

Fantastic value and a hard-to-beat lifestyle or investment opportunity at a very affordable price.

Registered Land Agent (RLA) 266 854. Property ID: #SSZ2679