81/227 North TerraceAdelaide SA 5000
Property Details for 81/227 North Tce, Adelaide
81/227 North Tce, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 44m2.
Last Listing description (January 2025)
Nestled in the heart of Adelaide's bustling CBD, this immaculate apartment offers the perfect blend of convenience and comfort.
Whether you're seeking a savvy investment opportunity, owner occupier or a comfortable dwelling for your academic pursuits, this property ticks all the boxes.
It features a spacious floorplan with a separate bedroom which includes a mirrored built-in wardrobe. The kitchen is equipped with a dishwasher, microwave, gas cooktop with rangehood, and oven. The generously proportioned living space offers versatility and comfort, perfect for relaxing or studying. Step out onto the private balcony and be greeted by stunning views overlooking North Terrace and the Adelaide Hills, offering a serene escape amidst the bustling city.
It is conveniently positioned across the road from both Adelaide University and the University of South Australia East Campus, ideal for students. Furthermore, imagine the ease of access to Rundle Mall, the Universities or simply unwinding with a walk along the River Torrens, all at your doorstep.
Residents enjoy easy access to many retail outlets and dining options, including the iconic Rundle Mall. Strolling down North Terrace unveils a treasure trove of cultural and recreational attractions, from the esteemed South Australian Museum and the renowned Art Gallery of South Australia to the tranquil Botanical Gardens and the lively Adelaide Zoo. The vibrant Festival Plaza and the iconic Adelaide Oval further enhance the allure of this dynamic locale.
? Well maintained and presented
? North facing - high floor level 8
? High yield investment - Rental appraisal approximately $485 per week (Form R7 provided above, click "Price guide details")
? Overlooking North Terrace and Adelaide Hills
? Private balcony
? Secure entry to the building
? Convenient location just over 100m from Rundle Mall
? Kitchen with gas cooktop, dishwasher, oven, microwave and overhead cupboards
? Washing machine and clothes dryer included
Suitable for owner occupier or investor looking for a high-yielding rental. This rare find in a highly sought-after location, as apartments like these rarely become available in this area. Presenting an irresistible opportunity to live, work, and study or invest at the beating heart of Adelaide's vibrant urban landscape.
*Approximate
All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
Property History for 81/227 North Tce, Adelaide, SA 5000
- 15 Jan 2025Listed for Sale Best Offer By Tuesday 4th February at 1:00pm
- 28 Feb 2024Listed for Sale Contact Agent
- 06 Dec 2019Listed for Rent $375 / week
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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 18,493 properties. Over the last 5 years, Houses in Adelaide have seen a 42.19% increase in median value, while Units have seen a 34.49% increase. As at 30 November 2025:
- The median value for Houses in Adelaide is $1,174,343 while the median value for Units is $580,952.
- Houses have a median rent of $650 while Units have a median rent of $610.
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