907/96 North TerraceAdelaide SA 5000
Property Details for 907/96 North Tce, Adelaide
907/96 North Tce, Adelaide is a 2 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 87m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (June 2024)
Spacious lifestyle apartment in the heart of Adelaide's entertainment precinct.
Ideally located in Adelaide's most talked about city location adjacent the iconic Adelaide Oval, River Torrens and less than 500 metres to the new Research and Medical Precinct, this spacious 2 bedroom apartment offers an excellent low maintenance lifestyle and/or a lucrative investment opportunity.
Everything the city has to offer is right at your doorstep! The exciting River Torrens Precinct, Adelaide Oval, and less than 500 metres to the Medical Precinct consisting of the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI), South Australian Health and Biomedical Precinct (SAHBP), Uni SA Health Innovation Building (HIB) and the Adelaide Health and Medical Sciences Building (AHMS).
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.
The flexibility of this apartment allows you to do as you please. Live in as an owner occupier, lease the apartment privately on a short term or long term basis or take up the option of the fuss free management agreement provided by the Oaks Hotels and Resorts. Currently returning a guaranteed $2,231.94 per month ($515.07 per week)!
**This apartment meets the requirements for stamp Duty Exemption (Subject to Revenue SA Approval). That's a potential saving of over $16,000! ** For further information please go to the Revenue SA website - Stamp Duty on Transfer of Real Property (Land) or contact Toby **
Situated in on the 9th floor in south-east corner of the Embassy, the apartment is perfect for those looking for a bit of peace and quiet. As you enter the apartment you are welcomed with a wide entrance hallway which flows through to the well-equipped kitchen complete with solid granite bench tops, stainless steel Smeg appliances and custom designed extra storage.
The open plan living and dining area is very specious with light filled with floor to ceiling windows framing the wonderful views over the city skyline. The bathroom is conveniently located between the two generous bedrooms both with built in robes.
Further standout features include ducted reverse cycle air conditioning, European style laundry complete, excellent security with a swipe card system, video intercom and 24 hour reception in the foyer.
Currently in progress, the whole building is getting a full makeover with refurbished common areas and foyer, state of the art gym facilities (already installed), exterior paint job, LED downlights throughout and much more. All funded already through the established sinking fund. It will look amazing and brand new!
The complex also provides free use of resort style facilities with an indoor heated lap pool, spa, sauna and state of the art gymnasium.
PROPERTY INFORMATION:
Oaks Management Fees: $267.92 per month (approx.) - Only applicable if leased to the Oaks
Council rates: $2,201.00 per annum (approx.)
SA Water rates: $142.19 per quarter (approx.)
Community rates
Admin: $939.00 per quarter (approx.)
Sinking: $300.00 per quarter (approx.)
Emergency Services Levy: $109.25 per annum (approx.)
Property History for 907/96 North Tce, Adelaide, SA 5000
- 12 Aug 2022Sold for $400,000
- 04 Jun 2022Listed for Sale UNDER OFFER - CONTACT TOBY SHIPWAY
- 15 Oct 2011Listed for Sale $345,000 TO $375,000
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 18,719 properties. Over the last 5 years, Houses in Adelaide have seen a 49.03% increase in median value, while Units have seen a 34.05% increase. As at 31 January 2026:
- The median value for Houses in Adelaide is $1,207,276 while the median value for Units is $568,990.
- Houses have a median rent of $650 while Units have a median rent of $620.
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