704/17 Penny Pl, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 84m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.
Positioned on Level 7 of the highly regarded Penny Place development, Apartment 704 offers stylish and low-maintenance living in the vibrant heart of Adelaide CBD. Designed by award-winning architects Woods Bagot and developed by the trusted Flagship Group, the building is known for its quality finishes and contemporary design, delivering a premium inner-city lifestyle.
The apartment features a light-filled open-plan living and dining area flowing seamlessly to a private full-width balcony, capturing elevated views towards the Adelaide Hills. A modern kitchen equipped with Bosch appliances and Fisher & Paykel dishwasher drawers combines practicality with sleek design, making everyday living and entertaining effortless.
Generous bedrooms with built-in robes and balcony access provide comfortable accommodation, complemented by a stylish bathroom and concealed European laundry. Complete with secure intercom entry and a dedicated car park, this is an outstanding opportunity for investors, professionals or first-home buyers seeking a quality city address.
Features You'll Love:
Modern open-plan kitchen featuring gas cooktop, oven, and dishwasher drawers
Spacious living and dining area
Generous bedrooms with built-in robes
Stylish bathroom with oversized shower and built-in storage
European-style concealed laundry
LED downlights throughout
Carpeted bedrooms and tiled living areas
Secure building with intercom and key-fob access
Dedicated car park included
Zoned for Adelaide High School & Adelaide Botanic High School
Walking distance to the Adelaide University city campuses
Moments to Rundle Mall, cafs, restaurants and public transport
Information:
Year Built: 2021
Council Rates: $TBA per quarter (approx.)
Strata Rates: $TBA per quarter (approx.)
SA Water: $TBA per quarter (approx.)
Disclaimer:
Images shown are from Apartment 504 in the same development, which shares the identical floor plan and internal layout as Apartment 704. Differences in aspect, elevation and outlook may apply.
All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions (including but not limited to land size, floor plans, building age, and condition). Interested parties should make their own enquiries and seek independent legal advice.
RLA 309533
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 18,798 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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