506/104 North Terrace Adelaide, SA 5000

Lock up & Leave Lifestyle Apartment with endless investment opportunities!

Perfectly located on Adelaide's cultural boulevard, this spacious apartment combines Adelaide's premier CBD location with an exceptional lifestyle offering. Beyond its enviable address, the property presents a proven short-term rental opportunity, generating a consistent annual income exceeding $70,000 for the 2024/2025 financial year.

Positioned on the 5th floor with a desirable north-facing aspect, apartment captures an elevated overlook over North Terrace showcasing the Adelaide Convention Centre and the vibrant streetscape below. Enjoy the warm winter sun in the day with Adelaide's cultural landmarks in sight, and the energy of the CBD at your doorstep and watch the city come alive from your private balcony at night.

Everything Adelaide City has to offer is literally at your doorstep! Directly across the road, the vibrant Riverbank Precinct delivers a seamless blend of culture, innovation and lifestyle with the iconic Adelaide Oval, Adelaide Casino, Festival Theatre, Convention Centre and Elder Park.

All within a short stroll you'll find Rundle Mall, the Royal Adelaide Hospital and Medical Precinct, Adelaide and Flinders Universities, TAFE, endless shopping and dining, and excellent public transport options - including the tram, Adelaide Railway Station and major bus routes.

Beautifully styled and furnished, the apartment comes ready to occupy as your forever home, an exciting weekend city pad or viable investment. The investment options are endless, lease long or short term, or choose the fuss free option available with a guaranteed rent through the Oaks Hotels and Resorts. It gets even better! If purchased as an investment, the property also meets the requirements for Stamp Duty Exemption (Subject to approval from Revenue SA) - Contact Toby for further investment information.

Inside boasts spacious open plan living and dining area complemented with an abundance of natural light and an expansive use of floor to ceiling picture windows and sliding doors which open to the full width balcony. The kitchen is well appointed with quality appliances, plenty of cupboard space and a generous island bench overlooking North Terrace.

Both bedrooms are excellent size both with built in robes, the master bedroom with your own private balcony and direct access to the large, two-way bathroom. The bathroom has been tastefully renovated featuring a spa bath, separate shower and quality fixtures and fittings. For extra convenience there is a European style laundry tucked away with a washing machine and dryer.

Residents enjoy access to resort-style facilities including a heated lap pool, spa, sauna, and fully equipped gym. Security is also excellent with 24 hour reception in the foyer giving peace of mind for both guests and owner occupiers.

Car parks can also be leased from $265.00 per month or purchased on a separate title from $55,000 in the neighbouring Care Park.

This is a well-located, well-presented apartment in a high-demand part of the city, offering both lifestyle and investment appeal. Whether you're looking to move in, lease out, or hold for the future, this is a smart choice in a sought-after location.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.