Perfectly positioned, this contemporary two bedroom apartment with allocated carpark set within the 'Palais' building, offers the perfect combination of lifestyle and investment in this landmark location. Nestled in an elevated third floor position on the Western side, this single-level sanctuary is ideal for first-time purchasers and investors alike. Embraced by the beauty and historical buildings of North Terrace and only a stone's throw from the delights of Botanic Gardens and Rundle Mall precinct, this is the ideal setting to experience the buzz and excitement of the Adelaide Fringe, WOMAD, and all the various festivals and events that take place in the City and its parklands throughout the year. Beyond the secure key FOB entry, this spacious apartment sparkles under soft downlighting and features warm newly carpeted floors through the open plan living/dining zone, The deep grey tile-floored kitchen maintains the apartment's streamlined efficiency with crisp white cabinetry including overhead cupboards and wine bottle storage, dishwasher, electric oven and cooktop. This no-stress abode also offers secure lift access and designated basement car park (enter from either North Terrace or Frome Road). Perfect for owners/occupiers - CBD workers, University/medical staff, or a City pad for out-of-towners, it is also a first class investment property and ideal accommodation for students with all educational facilities close by - Adelaide University campuses, Uni of SA, TAFE, Medical School, Royal Adelaide Hospital and schools such as Adelaide Botanic High School, CBC, St Aloysius and Prince Alfred Colleges. Property is currently Leased at $390.00 Per Week until Sept 2024 Further Option to Lease Vacant Carpark space at $50 Per Week Please note: the air-conditioner is not currently in working order and will be replaced upon settlement. CT: Volume 5985 Folio 560 Council: City of Adelaide Council Rates: $1,827.15 per annum (approx) Water Rates: $146.65 per quarter (approx) Body Corporate Levy: $922 per quarter (approx) OFFER FORM LINK: https://prop.ps/l/UVv3ysZIiJnC (Please copy and paste the link into your browser and click 'Register Interest'.) RLA 275279