705/96 North TerraceAdelaide SA 5000
Property Details for 705/96 North Tce, Adelaide
705/96 North Tce, Adelaide is a 1 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2001. The property has a land size of 59m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in April 2015.
Last Listing description (July 2015)
**ANOTHER PROPERTY SOLD QUICKLY AND EFFICIENTLY BY TOBY SHIPWAY!**
Situated in Adelaide's most talked about city location adjacent the River Torrens Precinct with the redeveloped and iconic Adelaide Oval and, expanded Convention Centre, Sky City Casino, Festival Centre and much more, the spacious one bedroom apartment has it all.
Transport options are easily accessible with the tram, Adelaide Train Station and major bus stops all within a very short walking distance. Dine out or eat in with the endless shopping and dining options nearby.
Based on a two year management agreement with the Oaks Hotels and Resorts it makes for a very lucrative investment property with a guaranteed rental return of $400 per week. This is return is not based on occupancy and is paid to you each month regardless of whether the apartment is leased or not.
Positioned on the 7th floor on the eastern side of the Embassy, this wonderful apartment offers views over North Terrace and Adelaide Oval.
Inside the apartment features spacious open plan living and dining, well appointed kitchen complete with a Smeg dishwasher and oven with a gas cook top, granite bench tops and quality fixtures and fittings. The double bedroom is great size with king size bed, built in robes and ensuite.
Further features include ducted reverse cycle air conditioning, European style laundry complete with a washer/dryer and excellent security with a swipe card system, video intercom and 24 hour reception in the foyer.
The complex also provides free use of the recently revamped resort style facilities with indoor heated pool, spa, sauna, plunge pool and well equipped gym.
Car parks may also be leased from $60 per month or purchased on a separate title for $40,000 in the Secure Car Park located next door to the Embassy.
Don't miss out on your opportunity to inspect this excellent lifestyle apartment.
Property Information
Council Rates: $359.29 per quarter (approx)
SA Water Rates: $205.55 per quarter (approx)
Community Rates - Admin: $618.00 per quarter (approx)
Sinking: $195.00 per quarter (approx)
Property History for 705/96 North Tce, Adelaide, SA 5000
- 29 Apr 2015Sold for $290,000
- 07 Jan 2015Listed for Sale $290,000 - $310,000
- 02 Apr 2007Sold for $206,000
Recent sales nearby
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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 18,505 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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