1906/17 Penny Place, Adelaide, SA 5000 | Apartment for sale | OnTheHouse
 
FOR SALE
Best offers by 12th Oct 2026 at 6pm (USP)

1906/17 Penny Place
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
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Elevated CBD Living with Panoramic Views

Welcome to Apartment 1906, 17 Penny Place, Adelaide - a sophisticated two-bedroom, two-bathroom residence positioned high on the 19th floor of the award-winning Penny Place development, designed by renowned architects Woods Bagot.
Completed in 2021, this impressive apartment delivers the perfect combination of contemporary style, elevated city living and outstanding convenience in the heart of Adelaide's CBD.
From morning light over the Adelaide Hills to the glow of the city skyline after dark, the elevated outlook creates a spectacular backdrop to everyday living. Step outside your door and some of Adelaide's most celebrated attractions are within easy reach - from the Adelaide Central Market and Gouger Street dining precinct to Chinatown, nearby parklands, cafés, bars, shopping and entertainment.
Inside, the thoughtfully designed floorplan offers a spacious open-plan living and dining area filled with natural light and flowing seamlessly to the private balcony - an ideal setting to relax, entertain or simply take in the city atmosphere from above.
At the heart of the home is a stylish contemporary kitchen featuring Caesarstone benchtops, Bosch gas cooktop and oven, dishwasher and excellent storage, combining functionality with a sleek modern finish.
Accommodation comprises two generous bedrooms with built-in robes, including a well-appointed master bedroom with its own private ensuite, offering additional comfort and privacy. A second contemporary bathroom services the second bedroom and guests, making the layout particularly practical for couples, professionals, visitors or shared living.
Split-system air conditioning provides year-round comfort, while the European-style laundry adds further everyday convenience.
Adding considerable appeal is a secure allocated car park, a highly desirable feature for CBD living and an important advantage for both owner-occupiers and investors.
For investors, the apartment also presents an attractive opportunity with strong rental demand and excellent rental return potential, supported by its premium CBD location, modern design and highly sought-after two-bedroom, two-bathroom configuration.
Penny Place has received recognition for its residential architecture and offers a modern, upmarket lifestyle in one of Adelaide's most convenient inner-city locations.
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Property Details for 1906/17 Penny Pl, Adelaide

1906/17 Penny Pl, Adelaide is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces and was built in 2021. The property has a floor size of 97m2. The place is currently for sale with Raine & Horne Unley.

Building Type
Apartment
Year Built
2021
Floor Size
97m2
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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 18,872 properties. Over the last 5 years, Houses in Adelaide have seen a 32.10% increase in median value, while Units have seen a 44.41% increase. As at 31 August 2026:

  • The median value for Houses in Adelaide is $1,203,171 while the median value for Units is $623,271.
  • Houses have a median rent of $680 while Units have a median rent of $625.
There are currently 176 properties listed for sale, and 74 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1361 properties were sold in the past 12 months in Adelaide.

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Jacky Yang
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Marlene Small
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Raine & Horne Unley
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