1510/104 North Terrace, Adelaide, SA 5000 | Apartment for sale | OnTheHouse
 
FOR SALE
$455,000 - $495,000

1510/104 North Terrace
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Versatile City Investment & Exciting Live In Opportunity

Positioned sky high on the 15th floor of the popular Horizons Apartments, this spacious one-bedroom apartment presents an excellent opportunity for investors, city professionals or those looking for a convenient lock-up-and-leave Adelaide base.
Currently operated by the vendors as successful short-term accommodation through Airbnb and similar booking platforms, the apartment generated approximately $55,000 in gross accommodation income during the 2025/2026 financial year, with an impressive occupancy rate of just over 78%. This established performance provides an attractive opportunty for investors looking to continue its short-stay use. Looking for a more "set and forget" investment, lease privately on a long term basis or take advantage of the fuss free management agreement with Oaks Hotels & Resorts (contact Toby Shipway for details).
The location is fantastic, positioned on the prestigious North Terrace and directly opposite Adelaide's renowned Riverbank Precinct. Adelaide Oval, the Convention Centre, Festival Centre, Casino and River Torrens are all within easy walking distance. The Royal Adelaide Hospital, SAHMRI and Adelaide's expanding biomedical precinct are also nearby, together with major university campuses, Rundle Mall and some of the city's best restaurants, bars and entertainment.
Inside, the apartment offers generous open-plan living and dining complemented by a fully equipped kitchen. Floor-to-ceiling glass sliding doors extend the living space onto the full-width balcony, capturing elevated south-west facing views across the Adelaide city skyline, the Adelaide Hills and stunning sunsets over the ocean. The generously sized bedroom features built-in robes and direct access to the two-way bathroom, complete with spa bath and European-style laundry.
Residents and guests also enjoy secure swipe-card access, 24-hour reception and an excellent range of facilities including an indoor heated lap pool, spa, sauna and fully equipped gym.
Combining a proven short-stay accommodation history, strong occupancy, premium North Terrace address and genuine flexibility of use, this is an exciting opportunity to secure a high-performing apartment in the heart of Adelaide.
Highlights:
• Approx. $55,000 gross accommodation income in FY2025/26
• Strong short-stay occupancy of approximately 78%*
• Currently operated through Airbnb and similar platforms
See More

Property Details for 1510/104 North Tce, Adelaide

1510/104 North Tce, Adelaide is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White Adelaide City.

Building Type
Apartment
Commute Calculator

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 18,861 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 168 properties listed for sale, and 81 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1408 properties were sold in the past 12 months in Adelaide.

Adelaide Profile Page

Suburb Insights for Adelaide 5000

Visit Adelaide profile page
Market Insights
Adelaide Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Adelaide Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Adelaide profile page
Contact agent
agent headshot
Toby Shipway
Show contact details
Call agent
Ray White Adelaide City
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED