1402/17 Penny PlaceAdelaide SA 5000
Property Details for 1402/17 Penny Pl, Adelaide
1402/17 Penny Pl, Adelaide is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 129m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.
Last Listing description (September 2025)
An exceptional opportunity awaits to secure a stylish urban lifestyle or a high-yield investment in one of Adelaide's most sought-after locations. Situated on the 14th floor of the iconic Penny Place building, this sleek two-bedroom apartment is currently leased at an impressive $700 per week until July 2025-offering strong rental returns and effortless, low-maintenance living.
Featuring two generous balconies with breathtaking views of the city skyline and Adelaide Hills, this home is perfect for investors, professionals, or those seeking a secure lock-and-leave lifestyle. A dedicated on-site carpark adds convenience and value, all within easy reach of Adelaide's best amenities.
Property Highlights:
LED downlights throughout
Expansive balcony with scenic views of CBD and the Adelaide Hills-ideal for relaxing or entertaining
Oversized bedrooms with built-in wardrobes and direct access to the full-width balcony
Designer kitchen with 20mm Caesarstone benchtops, premium Bosch appliances (gas cooktop and oven), and Fisher & Paykel double-drawer dishwasher
Ducted reverse-cycle air conditioning for year-round comfort
NBN ready for high-speed connectivity
Stylish main bathroom with ample recessed storage and a spacious shower
Separate European-style laundry with included additional storage
Secure undercover car park, intercom entry, and FOB building access
Location Benefits:
Just a short stroll to Gouger Street's acclaimed dining scene, Central Market, shopping precincts, and entertainment venues
Easy access to public transport, universities, and cultural attractions
Zoned for Gilles Street Primary School, Adelaide High School, and Adelaide Botanic High School
Specifications:
CT / 6252/591
Council / Adelaide
Zoning / Capital City
Built / 2021
Council Rates / $563 pq
Community Rates / $910pq
Community Manager / Strata Data
Emergency Services Levy / $139.75pa
Enjoy the ultimate blend of comfort, style, and convenience in the heart of Adelaide. Priced to sell-don't miss your chance to own this stunning city apartment. Act now!
Property History for 1402/17 Penny Pl, Adelaide, SA 5000
- 22 Aug 2025Sold for $725,000
- 06 Jun 2025Listed for Sale $695,000 - $725,000
- 03 Jul 2023Listed for Rent $650 / week
Recent sales nearby
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About Adelaide 5000
The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of 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 18,722 properties. Over the last 5 years, Houses in Adelaide have seen a 49.03% increase in median value, while Units have seen a 34.05% increase. As at 31 January 2026:
- The median value for Houses in Adelaide is $1,207,276 while the median value for Units is $568,990.
- Houses have a median rent of $650 while Units have a median rent of $620.
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