SOLD
RECENT ADVICE
Sold on 30 May 2024 for $340,000

1014/96 North Terrace
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 62m2
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Property Details for 1014/96 North Tce, Adelaide

1014/96 North Tce, Adelaide is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Adelaide in the last 12 months.

Building Type
Apartment
Floor Size
62m2
Local Government
Adelaide
Lot/Plan
F1014/C21009

Last Listing description (May 2024)

INVEST OR LIVE IN THIS EXCLUSIVE CITY APARTMENT BOASTING STUNNING SUNSET VIEWS!

This apartment offers a huge range of options! Choose to reap the excellent fuss free rental returns provided through a choice of management companies, lease the apartment out privately or enjoy the city vibe as an owner occupier. Currently managed by the Oaks Hotels and Resorts for a guaranteed gross income of $1,688.33 per month.

The flexibility also allows you to manage the apartment yourself on a short-term basis through companies such as Airbnb, Booking.com & Stayz or sit back and let one the reputable companies take care of it for you.

Directly opposite the exciting River Torrens Precinct with Adelaide Oval, the Convention Centre, Sky City Casino and the Adelaide Festival Centre. 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.

Positioned on the 10th floor, this spacious apartment boasts a stunning western aspect over the West End, River Torrens, the Medical Precinct and daily sunsets over the ocean. Inside the apartment is light filled with open plan living and dining complimented with natural colour schemes and stylish décor. Direct access to the full width balcony where you can sit back and enjoy those amazing views.

The kitchen is fully equipped with everything you need plus solid granite benchtops and stainless appliances complete with dishwasher, electric oven and 4 burner gas cooktop. The bedroom is great size with built in robes and frosted glass windows and ensuite which has been modified to be wheelchair accessible.

Further features include a European style laundry, ducted reverse cycle air conditioning, excellent security, video intercom and 24 hour reception in the foyer. The complex also provides free access to the resort style facilities with the indoor heated lap pool, sauna and gym.

This is an excellent opportunity to invest in one of the CBD's best locations. Live in as an owner occupier and enjoy a low maintenance city lifestyle or take advantage of this prime location and reap the benefits as an investment property, the choice is yours.

PROPERTY INFORMATION:

Certificate of Title: Volume 5859 Folio 124

Council: City of Adelaide

Zoning: Capital City Zone

Year Built: 2003

Oaks Management Fee: $202.07 per month (approx.)

Council Rates: $1,919.60 per annum (approx.)

SA Water Rates: $153.70 per quarter (approx.)

Community Fees
Admin Fund: $687.00 per quarter (approx.)
Sinking Fund: $220.00 per quarter (approx.)

ESL: $372.25 per annum (approx.)

Property History for 1014/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$340,000
30 May 2024
  • 24 Jun 2024
    Sold for $340,000
  • 27 Apr 2024
    Listed for Sale $340,000
  • 18 Feb 2009
    Transferred
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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 17,720 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:

  • The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
  • Houses have a median rent of $610 while Units have a median rent of $580.
There are currently 181 properties listed for sale, and 86 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1002 properties were sold in the past 12 months in Adelaide.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.