1505/96 North TerraceAdelaide SA 5000
Property Details for 1505/96 North Tce, Adelaide
1505/96 North Tce, Adelaide is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2002. The property has a land size of 59m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
Last Listing description (July 2016)
This stunning executive apartment has it all! Situated in this ever expanding CBD location you may live in and enjoy an exciting city lifestyle or take advantage of the outstanding rental returns.
Based on a two year management agreement with the Oaks Hotels and Resorts it makes for a very lucrative investment property with a guaranteed rental return of $2,002.45 per month after management fees. This is return is not based on occupancy and is paid to you each month.
Along with the excellent returns this prime location boasts high capital growth potential with the developments along the River Torrens, Adelaide Oval, Convention Centre, Sky City Casino, Festival Theatre and the new medical precinct all within walking distance.
Features of the apartment include bright and light open plan living and dining with neutral colour schemes and excellent decor throughout.The kitchen is very well appointed with solid granite bench tops, quality fixtures and fittings and stainless steel Smeg appliances.
The bedroom is great size with built in robes and frosted glass sliding doors through to the two way ensuite complete with modern finishes and a large spa bath.
Further features include a European style laundry with a washing machine, ducted reverse cycle air conditioning, excellent security with a swipe card system, video intercom and 24 hour reception in the newly refurbished foyer.
The complex also provides free access to the revamped resort style facilities complete with indoor heated lap pool, spa, sauna, and gym.
All of these excellent luxuries are maintained through the community fees.
Be the first to inspect this excellent opportunity.
Council Rates: $1,551.25 per annum (approx.)
SA Water Rates: $132.80 per quarter (approx.)
Community Rates
Admin Fund: $733.00 per quarter (approx.)
Sinking Fund: $236.00 per quarter (approx.)
Property History for 1505/96 North Tce, Adelaide, SA 5000
- 07 Apr 2016Sold for $315,000
- 01 Sep 2015Listed for Sale $325,000 - $345,000
- 22 Sep 2011Listed for Sale $315,000
Recent sales nearby
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0About 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 18,807 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.
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