702/102-105 North TerraceAdelaide SA 5000
Property Details for 702/102-105 North Tce, Adelaide
702/102-105 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 78m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (January 2020)
Directly opposite the iconic Adelaide Oval and the exciting River Torrens Precinct, this spacious apartment boasts an amazing city lifestyle or a prime investment opportunity offering even further potential with Adelaide's most talked about developments right at your doorstep.
The ever developing River Torrens Precinct just keeps on giving with the redeveloped Adelaide Oval, Adelaide Convention Centre with stage 2 of the expansion under construction, new Royal Adelaide Hospital due for completion in 2016 and the SAHMRI health and medical research centre.
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. Transport options easily accessible with the tram, Adelaide Train Station and major bus stops only a minute away.
Move straight in and enjoy all the advantages of no maintenance living in this fantastic location or reap the rewards of the viable rental returns on offer through a choice of reputable management companies. Currently tenanted for a guaranteed rental return of $2,201.25 per month after management fees.
**Apartments purchased for investment purposes only and leased on a short term basis as a serviced apartment are eligible for Stamp Duty Exemption (Subject to Revnue SA Approval). For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land).**
Inside the apartments offers spacious accommodation complimented with a north facing aspect hosting stunning views over Adelaide Oval, the River Torrens and the tree lined North Terrace. The light filled open plan living & dining flows through to the full width north facing balcony where you can sit back and take it all in.
The well appointed kitchen is fully equipped with Caesar stone bench tops, breakfast bar, dishwasher, quality fixtures and fittings. Both bedrooms are excellent size with built in robes, the main bedroom with a built in safe and direct access to the two way bathroom complete with a separate shower, spa bath and European style laundry.
Very rare and in high demand, this apartment also features a secure internal car park with swipe card access direct from the lifts to your floor.
Further attributes of this lifestyle apartment include ducted reverse cycle air conditioning, intercom and excellent security with swipe card access and 24 hour reception in the foyer.
The complex also offers everyday free use of the extensive facilities, all which are maintained through the community rates. Keep fit with the gym and indoor heated lap pool or relax in the spa and sauna
Property Information:
Certificate of Title: Volume 5903 Folio 735
Council: City of Adelaide
Council Rates: $321.50 per quarter (approx.)
SA Water: $220.00 per quarter (approx.)
Community Fees
Admin Fund: $1,438.00 per quarter (approx.)
Sinking Fund: $258.00 per quarter (approx.)
Property History for 702/102-105 North Tce, Adelaide, SA 5000
- 28 Mar 2024Sold for $485,000
- 22 Nov 2019Sold for $400,000
- 22 Feb 2017Listed for Sale $410,000 - $420,000
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 18,804 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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