506/102-105 North Terrace, Adelaide, SA 5000 sold on 25 November 2025 | OnTheHouse
 
SOLD
Sold on 25 Nov 2025 for $585,000

506/102-105 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 88m2
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Property Details for 506/102-105 North Tce, Adelaide

506/102-105 North Tce, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 88m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
72m2
Land Size
88m2
Local Government
Adelaide
Lot/Plan
F506/C21890

Last Listing description (January 2017)

Situated in a prime location on the stunning North Terrace adjacent the redeveloped Adelaide Oval, Convention Centre and River Torrens Precinct, this spacious two bedroom apartment offers an
excellent investment property or a perfect city pad.
Everything is happening right in front of you, the redeveloped iconic Adelaide Oval, expansion of the Convention Centre, upgraded Sky City Casino, retail promenade at the Festival Plaza, new Royal Adelaide Hospital, Medical Research Centre and much more can only make this CBD location even better.

Shopping and dining options are endless with Rundle Mall and Gouger Street only a short walk away and further developments along the riverbank still to come. Universities and TAFE are also located within short walking distance while the tram, train station and major bus stops are also located directly in front.
Choose to lease this fully furnished apartment out privately, lease it back to The Oaks Hotels and Resorts for an excellent guaranteed return or live in as an owner occupier and enjoy an exciting low maintenance city lifestyle. Currently leased back to the Oaks for a profitable return of $2,200.02 per month after management fees.
The apartment offers very spacious accommodation with two generous bedrooms both with built in robes, the main bedroom with its own private balcony and direct access to the two way bathroom with a spa bath, separate shower, modern finishes and a European style laundry complete with a washer/dryer.
The generous kitchen features quality fixtures and fittings, plenty of cupboard and bench space and an island/breakfast. This overlooks the light filled living and dining that flows through to the full length balcony overlooking North Terrace.
Further features include ducted reverse cycle air-conditioning for year round comfort and excellent security with video intercom, swipe card system to access all areas, 24 hour reception located in the foyer.
Last but not least are the recently revamped facilities with indoor heated lap pool, spa, sauna, plunge pool and gym. All of these wonderful benefits are maintained through the body corporate rates.
This is an excellent opportunity to invest in one of the 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 - $344.70 per quarter (approx.)
SA Water Rates - $250.00 per quarter (approx.)
Community Rates
Admin: $1,097.00 per quarter (approx.)
Sinking: $197.00 per quarter (approx.)

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Property History for 506/102-105 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$585,000
25 Nov 2025
  • 25 Nov 2025
    Sold for $585,000
  • 27 Oct 2016
    Sold for $390,000
  • 13 Aug 2015
    Listed for Sale SOLD BY TOBY SHIPWAY
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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 18,475 properties. Over the last 5 years, Houses in Adelaide have seen a 42.25% increase in median value, while Units have seen a 32.55% increase. As at 31 October 2025:

  • The median value for Houses in Adelaide is $1,165,141 while the median value for Units is $554,358.
  • Houses have a median rent of $630 while Units have a median rent of $615.
There are currently 139 properties listed for sale, and 105 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1232 properties were sold in the past 12 months in Adelaide.

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