SOLD
Sold on 01 Dec 2023 for $516,200

1102/96 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 78m2
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Property Details for 1102/96 North Tce, Adelaide

1102/96 North Tce, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 78m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
81m2
Land Size
78m2
Local Government
Adelaide
Lot/Plan
F1102/C21121

Last Listing description (June 2024)

Chic lifestyle apartment in one of Adelaide's best city locations.

This spacious north facing apartment boats endless opportunities for the astute investor or owner occupier looking to live it up in the city. The location has absolutely everything going for it. The adjacent River Torrens Precinct, Adelaide Oval, Convention Centre, Sky City Casino and Festival Plaza and only 500 metres away is the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI) and Adelaide's Biomedical Precinct.

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 and Adelaide Botanic 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 through the Oaks Hotels and Resorts, lease privately on a long-term basis, or be a bit more adventurous and manage it yourself through Airbnb, Booking.com and any other short-term platforms. Contact Toby Shipway for further investment information.

Perfectly positioned in the north-east corner of the Embassy, enjoy an alfresco breakfast in the morning sun and watch North Terrace and Adelaide Oval light up in the evening. Inside the apartment boasts light filled living and dining complimented with picture windows framing the amazing north facing aspect over North Terrace, the River Torrens, Adelaide Oval and beyond.

The kitchen is well appointed with solid granite benchtops and SMEG appliances complete with dishwasher, electric oven and gas cooktop. Adjacent is the European Style laundry tucked away behind bi-fold doors.

The two bedrooms are excellent size, both with two sets of built in robes, the main bedroom with large windows overlooking Adelaide Oval. The bathroom is conveniently positioned for guests and central to the two bedrooms.

A rarity in this building, the apartment features two north facing balconies. The main balcony positioned in the north-east corner is great size and perfect for entertaining for guests and the smaller balcony in the north-west corner for the BBQ.

Located on the first floor directly in front on the lift you'll find the secure internal car park with swipe card access from the lifts straight to your floor. Further features include a European style laundry tucked, ducted reverse cycle air-conditioning and excellent security with swipe card access, 24-hour reception in the foyer and an intercom that allows guests to your room.

On the 4th floor you'll find the excellent gym equipment, indoor heated lap pool, spa and sauna. All these luxury benefits maintained and serviced through the community rates and are available to you at your leisure.

PROPERTY INFORMATION:

Council Rates: $2,100.00 per annum (approx.)

Water Rates: $150.00 per quarter (approx.)

ESL: $460.00 per annum

Community Rates:
Admin: $1,128.00 per quarter (approx.)
Sinking: $378.00 per quarter (approx.)

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Property History for 1102/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$516,200
01 Dec 2023
  • 01 Dec 2023
    Sold for $516,200
  • 21 Oct 2023
    Listed for Sale UNDER CONTRACT - CONTACT TOBY
  • 09 Jun 2011
    Sold for $418,920
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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 17,718 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 182 properties listed for sale, and 90 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 994 properties were sold in the past 12 months in Adelaide.

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