2304/17 Penny Pl, Adelaide, SA 5000 | Apartment for sale | OnTheHouse
FOR SALE
Best offers by 28th June 2026 at 6pm (USP)

2304/17 Penny Pl
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Sky-High Luxury with Panoramic City & Hills Views

Welcome to Apartment 2304, 17 Penny Place, Adelaide - a sophisticated sky-home positioned on the 23rd floor of the award-winning Penny Place development, designed by renowned architects Woods Bagot.
Completed in 2021, this stunning residence delivers an exceptional lifestyle in the heart of Adelaide's vibrant CBD, combining contemporary luxury, breathtaking views and unrivalled convenience.
From sunrise over the Adelaide Hills to sparkling city lights at night, the panoramic outlook stretches across the city skyline, picturesque parklands and the majestic Mt Lofty Ranges, creating a truly spectacular backdrop to everyday living.
Step outside your door and embrace Adelaide's finest lifestyle attractions. Enjoy your morning coffee at the Adelaide Central Market, stroll through the surrounding parklands, explore Gouger Street's renowned dining precinct, or catch world-class entertainment at Adelaide Oval, the Festival Theatre, Fringe Festival or nearby laneway bars.
Inside, the thoughtfully designed floorplan offers generous open-plan living and premium finishes throughout. The stylish entertainer's kitchen features Caesarstone benchtops, Bosch gas cooktop and oven, dishwasher and excellent storage solutions, making it perfect for everyday living and entertaining alike.
The spacious open-plan living and dining area seamlessly connects to a private balcony where you can relax, entertain guests and take in the spectacular city atmosphere from above.
Accommodation comprises two generously sized bedrooms, both featuring built-in robes, split-system air conditioning and direct balcony access, allowing you to wake up to stunning views every day. The luxurious bathroom showcases stylish matte black fixtures, a rainfall shower, wall-length mirrored vanity and contemporary designer finishes, while a convenient European laundry adds everyday practicality.
A truly rare offering in Adelaide's CBD, Apartment 2304 comes complete with two secure allocated car parks - a highly sought-after feature that is seldom available in city apartments. Whether you have multiple vehicles, require additional storage flexibility, or simply appreciate the convenience and investment value of secure parking, this exceptional inclusion sets the property apart from many comparable CBD residences. Opportunities to secure a premium high-rise apartment with two dedicated car spaces are increasingly rare, making this an outstanding lifestyle and investment opportunity.
Investors will also appreciate the option to purchase the apartment fully furnished, offering immediate rental appeal and flexibility.
Having already won awards for residential architecture, Penny Place provides an upmarket, stylish feel in one of Adelaide's most sought-after CBD locations.
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Property Details for 2304/17 Penny Pl, Adelaide

2304/17 Penny Pl, Adelaide is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces and was built in 2021. The place is currently for sale with Raine & Horne Unley.

Building Type
Apartment
Year Built
2021
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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 18,794 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:

  • The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 152 properties listed for sale, and 86 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1279 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Contact agent
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Jacky Yang
Show contact details
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Shilpa Sood
Raine & Horne Unley
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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.