FOR SALE
**UNDER OFFER - CONTACT TOBY SHIPWAY**

511/104 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
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Prime investment opportunity adjacent the River Torrens Precinct, Adelaide Oval, Convention Centre and the Research & Medical Precinct.

Quietly and privately located on the 5th floor in the Horizons Apartments, this fully furnished apartment has it all! Situated in one of Adelaide's most talked about CBD locations, choose to live in and enjoy and exciting, low maintenance lifestyle and/or take advantage of the outstanding rental returns on offer.
Currently tenanted through the Oaks Hotels and Resorts with a guaranteed return of $2,600.00 per month ($600 per week). Looking to get a bit more adventurous... manage it yourself through Airbnb, Stayz, Booking.com or any other way you see fit and reap all the benefits of this fantastic investment opportunity!
It gets even better! This apartment also meets the requirements for stamp Duty Exemption (Subject to Revenue SA Approval). That's a potential saving of over $17,000! ** For further information please go to the Revenue SA website - Stamp Duty on Transfer of Real Property (Land) or contact Toby.
A car park may also be purchased on a separate title in the neighbouring Care Park for $60,000. Use this for your own personal use or lease and reap the rewards.
This location speaks for itself with the iconic Adelaide Oval, River Torrens Precinct and Adelaide's ground-breaking Medical Precinct at your doorstep. There is a huge choice of education facilities nearby, less than 500 metres away you'll find the University of Adelaide's medical and health sciences building and UniSA's City West campus, Health and Medical Clinic.
Transport options easily accessible with the tram, Adelaide Train Station and major bus stops right at your doorstep. All within a short walk you'll find first class restaurants, great shopping, the Adelaide Casino, The Entertainment Centre, Festival Theatre, Adelaide Convention Centre, Rundle Mall and the new Royal Adelaide Hospital.
Inside the apartment features spacious open plan living and dining complimented with neutral colour schemes and floor to ceiling glass sliding out to the generous balcony.
The kitchen is fully equipped with cooktop, oven and dishwasher and quality fixtures and fittings. Both bedrooms are excellent size great size with built in robes, the main bedroom with direct access to the huge two-way bathroom complete with spa bath, separate shower and European style laundry.
Further features include ducted reverse cycle air conditioning, excellent security with a swipe card system and 24-hour reception in the foyer. The complex also provides free access to the resort style facilities complete with indoor heated lap pool, spa, sauna, and gym. All these excellent luxuries are maintained through the community fees.
Contact Toby Shipway on 0413 600 919 for further information.
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Property Details for 511/104 North Tce, Adelaide

511/104 North Tce, Adelaide is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 78m2. The place is currently for sale with Ray White Adelaide City.

Building Type
Apartment
Floor Size
78m2

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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 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% 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 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 18,025 properties. Over the last 5 years, Houses in Adelaide have seen a 54.85% increase in median value, while Units have seen a 28.95% increase. As at 31 December 2024:

  • The median value for Houses in Adelaide is $1,134,486 while the median value for Units is $535,077.
  • Houses have a median rent of $620 while Units have a median rent of $590.
There are currently 155 properties listed for sale, and 86 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1022 properties were sold in the past 12 months in Adelaide.

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Toby Shipway
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