1708/96 North Terrace, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

1708/96 North Terrace
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 59m2
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Property Details for 1708/96 North Tce, Adelaide

1708/96 North Tce, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 59m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
2002
Floor Size
51m2
Land Size
59m2
Local Government
Adelaide
Lot/Plan
F1708/C21121

Last Listing description (June 2024)

Exclusive Penthouse Residence

Perfectly positioned on the top (17th) floor in the recently refurbished Embassy Apartments, this exquisite Penthouse Apartment has so much on offer in Adelaide's most enviable city location. With raked ceilings soaring to 6.3 metres high, this rare offering will WOW everyone lucky enough to step inside.

The location has absolutely everything going for it. The adjacent River Torrens Precinct, Adelaide Oval, Convention Centre, Sky City Casino and Festival Plaza and only 500 metres away is the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI) and Adelaide's Biomedical Precinct.

First Class restaurants and bars are just a short walk away with gourmet shopping at nearby Central Markets and Gouger Street. Adelaide University, University SA and TAFE are all very close with secondary education zoning for Adelaide High School and Adelaide Botanic High School. Transport options easily accessible with the tram, Adelaide Train Station and major bus stops only a minute away.

The flexibility of this apartment allows you to do as you please. Move straight in and enjoy a luxurious lifestyle or take advantage of the wide choice of lucrative investment options. Choose to lease it back through one of the reputable management companies as a serviced apartment, lease it out on a long-term tenancy or reap the rewards and manage it yourself through Airbnb or Stayz.

Inside the apartment features spacious open plan living and dining complimented with an abundance of natural light and neutral colour schemes. The 6.3 metre ceilings with floor to ceiling glass leads you through to the full width balcony captivating you with the sweeping views over the Medical Precinct, the River Torrens, the vibrant West End and stunning sunsets over the ocean. The adjacent kitchen features granite benchtops, premium fixtures, and stainless steel Smeg appliances.

Enjoy the comfort of the bedroom with its generous size and built-in robes. Natural light filters through frosted glass, creating a cozy ambiance. The ensuite boasts luxury and convenience with its floor-to-ceiling tiles, spa bath, separate shower, and stylish vanity.

Further attributes include a European style laundry tucked away in the hallway, ducted reverse cycle air conditioning, excellent security with a swipe card system, intercom and 24 hour reception in the foyer. Take advantage of the resort style facilities with free use of the pool, spa, sauna and the state of the art gym.

Car parks can also be leased in the Care Park directly next door from $240 per month and when available purchased for $55,000 (approx.).

This is an excellent opportunity to invest in one of Adelaide CBD's best locations. Live in as an owner occupier and enjoy a low maintenance city lifestyle or take advantage of this prime location and reap the benefits as an investment property, the choice is yours.

PROPERTY INFORMATION:

Council Rates: $1,470.35 per annum (approx.)

Water Rates: $173.00 per quarter (approx.)

Community Rates:
Admin Fund: $834.00 per quarter (approx.)
Sinking Fund: $279.00 per quarter (approx.)

ESL: $100.00 per annum (approx.)

Property History for 1708/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$415,000
04 Apr 2024
  • 04 Apr 2024
    Sold for $415,000
  • 31 Jan 2024
    Listed for Sale UNDER OFFER - CONTACT TOBY SHIPWAY
  • 03 Nov 2021
    Sold for $345,000
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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 18,787 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, 1262 properties were sold in the past 12 months in Adelaide.

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Cotality Copyright and Legal Disclaimers about Property Data
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.