221/61 Hindmarsh Square Adelaide SA 5000 Accommodation Facilities: - Newly updated furnishings throughout (Included) - Fully equipped designer kitchens with microwave & dishwasher - 2 bedroom suites - Stylish bathroom - Mini bars - International outlets - Laundry facilities including clothes dryer located on the 1st floor - Built in 2007 Guest Services: - 'Suites 55' licensed restaurant and bar featuring A La Carte cuisine, open daily for breakfast lunch & dinner - 24 hour reception - 24 hour room service and security - Foreign currency exchange service - Gymnasium facilities Location: - 50 meters to Rundle Mall shopping precinct - Easy 10 minute stroll to Adelaide Convention Centre and Sky City Casino - 50 meters to central business district - Opposite theatres and parklands - Moments to cosmopolitan fine dining and cafes - 10 minute walking distance to the National Wine Centre and the Botanical Gardens - 15 Minutes taxi ride to the airport IMPORTANT NUMBERS $ 291 pa Emergency Levy $2,476 pa Strata fee $1,798 pa Council Rates $ 788 pa Water Rates Rental income at an average of $1,800 per month after hotel management fee. (Depending on season) Depreciation schedule approx $5,000 per year Great opportunity to invest for growth or cash-flow without the hassle with tenants and vacancies ! Note that this is a fully managed serviced apartment so you can't live in it.