$340k - $360k
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18/36 Franklin Street, Adelaide SA 5000

Apartment
211
Block size: 100 m² approx.

A savvy investment without the work in the playful heart of the CBD

If you're searching far and wide for an investment you can set and forget with a guaranteed income and not a finger to lift, the answer might be closer than you think.

Try right in the bustling heart of Adelaide's CBD, on the fourth floor of the historical Franklin Apartments building; a fully-furnished two-bedroom pad with a secure designated car park, open-plan kitchen and a guaranteed annual income of $26,849.

That income is guaranteed because the complex will take it from here, managing every guest that will lap up its perfect position near the Central Market, Rundle Mall, Riverbank precinct and more. The search is over.

Features we love...

- Fully furnished and managed
- Guaranteed yearly rental return makes it a sound investment/superannuation strategy, with a review of the return every January with a guaranteed CPI increase
- Lease back to Franklin Apartments on a 5 year lease
- No property management fees
- Two spacious bedrooms, both with built-in robes
- Large timber kitchen with stone benchtops, dishwasher and loads of storage
- Fully furnished
- Ducted temperature control
- Reception desk/services and very secure
- Designated car park

Council - City of Adelaide
Council Rates - $1,492.45 p/a
SA Water Rates - $1000.00 p/a (Estimate)
Emergency Services Levy - $372.25 p/a
Strata fees - $4857.80 p/a

All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.

OUWENS CASSERLY - MAKE IT HAPPEN
RLA 275 403

Inspections

No open inspections scheduled.

Send an enquiry

Contact Alistair Loudon to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Block Size:
100 *

Other Details

Plan Type:
C
Plan:
20190
Parcel Type:
F
Parcel:
65
Legal description:
C/20190/F/65
Ouwens Casserly

Maps and area information

Block information
Block size: 100 (approx)
Legal description: C/20190/F/65
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

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We found 50 apartments with 2 bedrooms that just sold near 18/36 Franklin Street Adelaide

Property history

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Adelaide suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
31 years
Population
18,202
Listing ID: 182011813. This listing has been viewed 108 times. It was first displayed on 18/10/2023 and last updated on 15/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.