2304/17 Penny Pl, Adelaide, SA 5000 sold on 20 July 2026 | OnTheHouse
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Sold on 20 Jul 2026 for $760,000

2304/17 Penny Pl
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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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. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.

Building Type
Apartment
Year Built
2021

Last Listing description (July 2026)

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.

Features You'll Love
• Positioned on the 23rd floor with spectacular city, parkland and Adelaide Hills views
• Award-winning Woods Bagot designed development
• Built in 2021
• Two spacious bedrooms with built-in robes
• Split-system air conditioning to both bedrooms
• Open-plan living and dining area with air conditioning
• Two private balconies
• Stylish designer bathroom with rainfall shower
• European laundry
• Premium kitchen with Caesarstone benchtops
• Bosch gas cooktop and oven
• Dishwasher and ample storage
• LED downlights throughout
• Tiled kitchen and hallway
• Secure building access
• Two secure allocated car parks - a rare CBD offering
• Walking distance to Adelaide Central Market, restaurants, cafes, bars and entertainment precincts
• Convenient access to tram, train and bus services

Apartments within Penny Place are always in demand; however, opportunities to secure a premium 23rd-floor residence with panoramic views and two secure car parks are exceptionally rare, making this a standout offering for both owner-occupiers and investors.

Whether you're seeking a luxurious city residence, an executive lock-and-leave lifestyle, or a blue-chip investment, Apartment 2304 offers an exceptional combination of location, lifestyle and contemporary sophistication in one of Adelaide's premier residential developments.

Property Information
• Council Rates: $584.35 per quarter (approx.)
• Strata Fees: $918.30 per quarter (approx.)
• Sinking Fund: $198.32 per quarter (approx.)
• SA Water Supply Charge: $82.30 per quarter (approx.)
• SA Water Sewerage Charge: $93.30 per quarter (approx.)
• Emergency Services Levy: $183.68 per annum (approx.)
• Year Built: 2021

A rare opportunity to secure a premium CBD apartment with breathtaking views, award-winning design and the highly sought-after bonus of two secure allocated car parks.

*Disclaimer: Raine & Horne Unley try their absolute best to obtain correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should seek independent legal advice if they wish to proceed. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Property History for 2304/17 Penny Pl, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$760,000
20 Jul 2026
Listed for Rent
$650/w
03 May 2023
  • 20 Jul 2026
    Sold for $760,000
  • 09 Jun 2026
    Listed for Sale Contact Agent
  • 29 Sep 2023
    Transferred
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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 18,846 properties. Over the last 5 years, Houses in Adelaide have seen a 41.27% increase in median value, while Units have seen a 42.53% increase. As at 30 June 2026:

  • The median value for Houses in Adelaide is $1,253,824 while the median value for Units is $612,302.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 175 properties listed for sale, and 94 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1275 properties were sold in the past 12 months in Adelaide.

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Jacky Yang
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Shilpa Sood
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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.