1406/17 Penny Pl, Adelaide, SA 5000 | Apartment for sale | OnTheHouse
 
FOR SALE
Best offer by 18/08/2026 (USP)

1406/17 Penny Pl
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Elevated CBD Living with Stunning Western Outlooks

1406/17 Penny Place, Adelaide
Perched high on the 14th floor of the prestigious Penny Place Apartments, this beautifully appointed residence offers an exceptional opportunity to enjoy sophisticated city living in one of Adelaide's most sought-after residential developments. Designed by internationally acclaimed architects Woods Bagot, Penny Place has become synonymous with contemporary design, quality construction and an unbeatable CBD lifestyle.
Bathed in natural light through its desirable western aspect, the apartment enjoys an ever-changing outlook across Adelaide's skyline. From golden afternoon sunshine to spectacular sunsets, every evening brings a different perspective, while distant glimpses of the coastline provide an extra touch of charm to an already impressive view.
Thoughtfully designed for modern living, the spacious open-plan living and dining area flows seamlessly onto a generous private balcony, creating the perfect setting to entertain friends or simply relax above the vibrant city below. The stylish kitchen is beautifully finished with Caesarstone benchtops, quality appliances and ample storage, combining timeless elegance with everyday functionality.
Offering two generous bedrooms, two contemporary bathrooms and the convenience of a secure undercover car park, the intelligent floorplan provides excellent separation between the bedrooms, making it equally suitable for professionals, downsizers, owner-occupiers or investors seeking a premium low-maintenance lifestyle.
Located within a peaceful city laneway, yet only moments from Adelaide's best attractions, everything you need is within easy walking distance. Enjoy morning coffee at nearby cafés, shop for fresh produce at the Adelaide Central Market, experience the vibrant dining scene of Chinatown, catch the Free City Tram, or stroll to Victoria Square, Rundle Mall and Adelaide's leading universities.
Whether you're searching for a stylish city residence or a quality investment in one of Adelaide's landmark apartment developments, this exceptional home delivers the perfect balance of lifestyle, location and long-term value.
Features You'll Love
• Positioned on the 14th floor of the award-winning Penny Place Apartments
• Designed by internationally renowned architects Woods Bagot
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Property Details for 1406/17 Penny Pl, Adelaide

1406/17 Penny Pl, Adelaide is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with NOVUS REALTY.

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Apartment
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the total area. The population of Adelaide in 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation.In 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.

Adelaide has 18,848 properties. Over the last 5 years, Houses in Adelaide have seen a 33.06% increase in median value, while Units have seen a 47.09% increase. As at 31 July 2026:

  • The median value for Houses in Adelaide is $1,219,352 while the median value for Units is $625,850.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 178 properties listed for sale, and 83 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1290 properties were sold in the past 12 months in Adelaide.

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