1601/96 North Terrace, Adelaide, SA 5000 | Property Value & History | OnTheHouse
FOR SALE

1601/96 North Terrace
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Floor area: 49m2
Land area: 154m2
This property is currently on the market
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Property Details for 1601/96 North Tce, Adelaide

1601/96 North Tce, Adelaide is a 3 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 2002. The property has a land size of 154m2 and floor size of 49m2.This Property is currently listed for sale with Ray White Adelaide City

Building Type
Unit
Year Built
2002
Floor Size
49m2
Land Size
154m2
Local Government
Adelaide
Lot/Plan
F1601/C21121

Last Listing description (January 2026)

Inspection by appointment only - Contact Toby ShipwayStep into one of Adelaide's most unique and exclusive Penthouse Apartments, set across two stunning levels in the heart of the city. Occupying over 300 square metres of living space, this double storey residence offers the ultimate in sophisticated urban living. Boasting 3 spacious bedrooms, 3 elegantly appointed bathrooms, 2 kitchens, multiple indoor and outdoor living zones, 4 car parks and a huge private storage unit, this rare opportunity redefines luxury in one of Australia's most liveable cities.The apartment offers exceptional versatility and space. Two kitchens and two living areas make it ideal for entertaining, multi-generational living, or flexible Airbnb use. Every detail has been considered, from the soaring ceilings and full-height windows to the huge private terrace complete with automated blinds and panoramic views. Facing north, the penthouse captures uninterrupted vistas over the River Torrens, Adelaide Oval, the stunning architectural buildings on North Terrace and North Adelaide and of course the stunning sunsets over the sparkling ocean.Access your new home via level 16, stepping directly into a wide-open living space. You will find no wasted corridors here, ensuring every square foot is utilised efficiently. Enjoy an abundance of natural light throughout, thanks to expansive floor-to-ceiling glazing which flow through to the full width balcony. The downstairs kitchen is beautifully equipped with Caesar Stone benchtops, 900mm Smeg oven and cooktop, ample cupboard space, walk in pantry and a generous European Style laundry discreetly tucked away maintaining the sleek and aesthetic design. For convenient family living and effortless guest entertaining, a third bathroom is conveniently located downstairs.The two downstairs bedrooms are cleverly positioned to each side of the living, bedroom 2 with Built in Robe and frosted glass for natural light, the master bedroom with Walk in Robe, direct access to the balcony and a spacious ensuite with marble floors, dual stone vanities, separate shower and spa bath.Make your way upstairs to level 17 (top floor) via the lockable internal staircase or take a couple of steps to the shared lift. This expansive space offers incredible versatility as an absolute mecca for entertaining or as a fully functional second guest suite. You'll find a spacious living area adjacent the well-equipped kitchen with stone bench tops, stainless steel Smeg appliances, custom storage and pantry. There's also a third bedroom of excellent size, featuring a built-in robe and a sparkling two-way ensuite with quality finishes. Step outside to the huge private pavillion of nearly 60 square metres, an absolute one-of-a-kind, there is just nothing else like it! Architecturally designed with soaring vaulted ceilings captivating the stunning vistas of the skyline with amazing sunsets, daily lightshows of Adelaide Oval and the captivating and majestic St Peter's Cathedral. Such an amazing space to watch the world go by with a GnT, enjoy alfresco dining, or listen live to the sporting and entertainment events at Adelaide Oval. Come New Year's Eve, there's no better place to celebrate, with front-row views of the fireworks launchpad and an atmosphere that's hard to beat.The hardwood deck sits immersed in your own private garden with protection from the elements with a high toughened glass screen and full height remote controlled blinds. Step outside the terrace to the full width balcony to really take in the views and appreciation for penthouse living.Located on prestigious North Terrace, this penthouse sits in Adelaide's cultural and entertainment core. With the Convention Centre, Adelaide Oval, and Festival Theatre just across the road, and the Art Gallery of South AustraliaRundle Mall, museums, Parliament House, and Botanic Park all within walking distance, you are truly at the centre of it all. The Royal Adelaide Hospital, SAHMRI and both major universities are only minutes away with secondary education zoning for Adelaide High School and Adelaide Botanic High School making this an ideal residence for professionals, families, academics, and investors alike.Transport is seamless, with the tram running right past your front door, linking you to Glenelg Beach, the Entertainment Centre, and beyond. You'll also find trains, buses, e-scooters and cycling paths easily accessible, including the beautiful Torrens Linear Park trail which runs all the way to Henley Beach.Further standout features include NBN Fibre to the Building (FTTB), premium resort-style amenities with a heated lap pool, steam room, and gym on Level 4. On the ground floor, you'll find excellent security with 24-hour reception, along with daily breakfast and lunch served at The Coffee Club.Offering not just a home, but an exceptional investment, this penthouse has a strong short-stay rental history. With the ability to lease each level separately or the whole apartment. Contact Toby Shipway for further details regarding the previous and potential Airbnb earnings and a rental appraisal.1601/1701The Embassy is a true standout-one of only a few penthouses of this calibre in Adelaide. With views, location, scale, and design all on offer, this is a once-in-a-generation opportunity to own a property that makes a statement and delivers on lifestyle and long-term value. This property is ideal for those who value prestige, flexibility, and unrivalled convenience. It's perfectly suited for a diverse range of discerning individuals, including doctors/surgeons, executives, entertainers, creatives, interstate and international buyers alike.All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.RLA 307896

Property History for 1601/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Transferred
29 Jun 2012
  • 30 May 2025
    Listed for Sale Contact Agent
  • 29 Jun 2012
    Transferred
  • 19 Dec 2008
    Sold for $1,500,000
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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 18,786 properties. Over the last 5 years, Houses in Adelaide have seen a 43.98% increase in median value, while Units have seen a 37.56% increase. As at 31 March 2026:

  • The median value for Houses in Adelaide is $1,210,028 while the median value for Units is $585,713.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 146 properties listed for sale, and 97 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1260 properties were sold in the past 12 months in Adelaide.

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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.