325/281 North TerraceAdelaide SA 5000
Property Details for 325/281 North Tce, Adelaide
325/281 North Tce, Adelaide is a 1 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 2007. The property has a floor size of 70m2.
Last Listing description (June 2025)
Meeta Joshi and ranjani barot from harcourts luxe presents modern and fully furnished two-bedroom apartment in the highly sought-after Palais Apartments offers an outstanding investment opportunity in the heart of Adelaide's vibrant CBD. Ideally situated directly across from Adelaide University and the Royal Adelaide Hospital, this residence is perfectly positioned for consistent rental demand and long-term growth.
Currently leased at $450 per week, this low-maintenance property delivers strong rental returns with low body corporate fees, making it a perfect addition to your investment portfolio.
Key Property Features:
Solid Rental Return - Earning $450 per week
Fully Furnished - Includes wardrobes, desks, air conditioning, microwave, oven, dishwasher, washing machine, dryer, and more
Spacious Layout - 71m (approx.), both bedrooms include built-in robes
Functional Bathroom - With separate toilet for added tenant convenience
Move-In Ready - No setup required, ideal for students, professionals, or sharers
ecure Building - Known for its safety, professional management, and quiet comfort
Strong Rental Demand - Ideal for hospital staff, students, and CBD workers
Low Body Corporate Fees - Maximizing investor profitability
Third Floor Location - Southern aspect and one of the larger 2-bedroom floorplans in the complex
Why Invest in This Property?
With its prime positioning in Adelaide's educational and medical precinct, this apartment offers a secure, high-demand rental asset that's both immediately income-producing and poised for future capital growth. Whether you're a first-time investor or growing your portfolio, this opportunity ticks all the boxes.
For More Information or to Arrange an Inspection, Contact:
Meeta Joshi - Harcourts Luxe | 0452 673 835
Ranjani Barot - Harcourts Luxe | 0481 863 394
Disclaimer:
All information provided has been gathered from sources deemed reliable, however, no warranty is given as to the accuracy of the information. Interested parties should conduct their own due diligence and seek independent professional advice before making any purchasing decisions.
Property History for 325/281 North Tce, Adelaide, SA 5000
- 02 May 2025Listed for Sale $450,000 - $480,000
- 04 Feb 2020Listed for Rent $460 / week
- 13 Nov 2018Listed for Rent - Price not available
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 18,786 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.
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