SOLD
Sold on 19 Feb 2025 for $480,000

615/96 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 62m2
Land area: 68m2
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Property Details for 615/96 North Tce, Adelaide

615/96 North Tce, Adelaide is a 2 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 68m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
62m2
Land Size
68m2
Local Government
Adelaide
Lot/Plan
F615/C21009

Last Listing description (February 2025)

Secure Investment and/or a great place to call home!

Whether you're seeking an exciting, low-maintenance urban lifestyle or a high-performing addition to your investment portfolio, this property delivers it all. Perfectly 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 boasts so many opportunities.

Perfectly on the 6th floor on the western side of the Embassy, the apartment boasts a stunning outlook over the timeless architecture of the Trinity Church, the groundbreaking Biomedical Precinct, the vibrant West End, North Terrace and stunning daily sunsets over the ocean.

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 at $2,621.67 per month ($605 per week) approx.

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.

Inside the apartment is spacious and appealing with modern dcor, neutral colour schemes and open plan living and dining. This flows through to the generous balcony boasting those stunning views with external sliding louvers for extra privacy and weather protection.

The kitchen is very well equipped with solid granite bench tops, and quality stainless steel appliances. There are two good size bedrooms both with built in robes, the main bedroom with direct access to the balcony and panoramic views over North Terrace and the church.

Further features include a European style laundry, ducted reverse cycle air conditioning, excellent security with a swipe card system, 24-hour reception in the foyer and the Coffee Club for your daily coffee fix. The complex also provides free access to the resort style facilities complete with indoor heated lap pool, spa, sauna, and gym.

Don't miss out on this secure Investment or a great place to call home!

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Property History for 615/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$480,000
19 Feb 2025
Listed for Rent
$410/w
06 May 2021
  • 19 Feb 2025
    Sold for $480,000
  • 26 Nov 2024
    Listed for Sale **UNDER OFFER - CONTACT TOBY SHIPWAY**
  • 18 Mar 2021
    Listed for Rent $410 / 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 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 18,039 properties. Over the last 5 years, Houses in Adelaide have seen a 46.92% increase in median value, while Units have seen a 29.06% increase. As at 28 February 2025:

  • The median value for Houses in Adelaide is $1,114,098 while the median value for Units is $526,197.
  • Houses have a median rent of $630 while Units have a median rent of $600.
There are currently 156 properties listed for sale, and 103 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1029 properties were sold in the past 12 months in Adelaide.

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