702/112 South TerraceAdelaide SA 5000
Property Details for 702/112 South Tce, Adelaide
702/112 South Tce, Adelaide is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 120m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Last Listing description (December 2018)
Perfectly positioned on the southern city fringe with the stunning Parklands and Veale Gardens adjacent, this state of the art 'Citi TERRACE' Apartment boasts all the benefits of a luxurious city lifestyle without the hustle and bustle at your doorstep.
Choose to enjoy this amazing lifestyle or take advantage the viable investment opportunities as a long term rental property or manage the apartment yourself on a short term basis through companies such as Airbnb and Stayz.
Built by renowned S.A Constructions, this exclusive building consists of only 50 apartments set over 11 levels with a modern facade and high end finishes throughout.
Inside the apartment features spacious accommodation with bright and light living complimented floor to ceiling glass sliding doors framing the spectacular views over the Parklands, Adelaide Hills and summer sunsets over Glenelg. The balcony of nearly 12 square metres is great place for alfresco dining and entertaining guests.
There are 3 generous bedrooms all with built in robes. Bedrooms 1 and 2 with panoramic parkland views and the stylish ensuite off the main bedroom. The main bathroom has been beautifully finished with floor to ceiling tiles, large open shower, quality fixtures and European style laundry.
The stunning kitchen is well appointed with solid stone bench tops, mirrored glass splashbacks, 2-pac cabinetry, induction cooktop and Miele appliances.
Further attributes include floating timber floorboards throughout, ducted reverse cycle air conditioning, LED downlights, video intercom, excellent security with swipe card access to all areas, storage pod and two secure car parks located on the 1st level in the high tech car stacking system.
The common facilities are perfect for further entertaining offering plenty of room for larger gatherings with a large outdoor Terrace, attractive landscaped gardens, BBQ and views over the city skyline . There is also a communal gym to add to the healthy and low maintenance lifestyle on offer.
This stand out property is one not to missed and will be highly sought after by investors, executive couples, retirees, semi-retirees and those just looking for a secure, lock up and leave city lifestyle. Be quick to secure this wonderful opportunity!
PROPERTY INFORMATION:
Certificate of Title: Volume 6118 Folio 399
Council: City of Adelaide
Zoning: Capital Frame Zone
Year Built: 2016
Council Rates: $1,775.20 per annum (approx.)
SA Water: $249.33 per quarter (approx.)
ESL: $389.35 per annum (approx.)
Community Rates
Administration Fund: $747.50 per quarter (approx.)
Sinking Fund: $24.38 per quarter (approx.)
Property History for 702/112 South Tce, Adelaide, SA 5000
- 16 Oct 2018Sold for $712,000
- 10 Oct 2018Listed for Rent $640 / week
- 16 Mar 2018Listed for Sale $739,000
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0About 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 18,506 properties. Over the last 5 years, Houses in Adelaide have seen a 44.25% increase in median value, while Units have seen a 37.95% increase. As at 31 December 2025:
- The median value for Houses in Adelaide is $1,194,887 while the median value for Units is $586,935.
- Houses have a median rent of $630 while Units have a median rent of $615.
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