502/17 Penny Pl, Adelaide is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 119m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.
Proudly sitting in the sought-after Penny Place complex, this majestic two-bedroom apartment incorporates thoughtful design and a commitment to high-end fixtures and fittings. If stylish living, combined with an enviably convenient location, are what you're after, this contemporary gem is a solid investment choice.Designed by Woods Bagot and developed by the team who delivered Kodo, Flagship Group, Penny Place is the ideal development for owner-occupiers and savvy investors.What we love about this apartment:* Light-filled open-plan living and dining area, seamlessly connecting to the outdoors* Impressive full-width balcony/terrace perfect for entertaining or relaxing* Modern kitchen with island bench, quality appliances, and ample storage* Two generously sized bedrooms, both with built-in wardrobes* Master bedroom with private ensuite for added comfort and convenience* Second bedroom positioned for privacy ideal for guests, kids, or a home office* Well-appointed central bathroom with contemporary finishes* Clever layout offering excellent separation between living and sleeping zones* Dedicated internal laundry for everyday practicality* Abundant natural light throughout the apartment* Secure building in a desirable locationOther features:- Solar panels- LED downlights- Bedrooms with carpeting for extra coziness, and living areas with tiled floors- Air conditioning in the living area and bedrooms- Secure intercom system and FOB access- Walk to Adelaide University and the University of South Australia- Zoned Adelaide High School and Adelaide Botanic High SchoolLifestyle Highlights:- Perfect for first-home buyers, downsizers, or investors- Designed for low-maintenance, modern living- Exceptional indoor-outdoor flow enhances everyday livingThis apartment represents the ultimate in CBD living. Stylish, contemporary and perfectly connected to the best of Adelaide city life, while offering peace and privacy high above the bustling streets. Whether as a sophisticated city base or a savvy investment, this property is not to be missed.502INFORMATION:COUNCIL RATE$578.55/quarter (approx)STRATA FEE: $950.63/quarter (approx)SA WATER SUPPLY: $82.3/quarter (approx)SA WATER SEWERAGE:$101.78/quarter (approx)Year Built: 2021RLA: 272 867*Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal advice.
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 18,821 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:
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