SOLD
Sold on 01 Aug 2024 for $720,000

1506/96 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 108m2
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Property Details for 1506/96 North Tce, Adelaide

1506/96 North Tce, Adelaide is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 108m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
76m2
Land Size
108m2
Local Government
Adelaide
Lot/Plan
F1506/C21121

Last Listing description (September 2024)

Boasting some of the most amazing views in town, this exclusive 2 bedroom apartment offers an envious city lifestyle in such a premium CBD location. Positioned on the 15th floor in the south-east corner of the Embassy Apartments, the extensive use floor to ceiling windows and the huge wrap-around balcony embrace the breathtaking 270 degree views over the River Torrens, stunning ocean sunsets, Adelaide Hills, and the city skyline.

Less than 500 metres away is the new Royal Adelaide Hospital with the Medical Precinct adjacent. Education facilities here include the University of Adelaide's medical and health sciences building and UniSA's City West campus, Health and Medical Clinic. Adelaide TAFE is also very close by with secondary education zoning for Adelaide High School Adelaide Botanic High School.

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 also 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 rental information.

The generous accommodation comprises of light filled open plan living and dining complimented with timber floors and stunning views from every angle. Direct access takes you to the huge wrap around balcony, an absolute mecca for entertaining guests. The kitchen is beautifully appointed with Miele appliances, Caesar stone benchtops and ample cupboard and storage space.

Both bedrooms are great size with built-in robes, the main bedroom with direct access to the balcony and stunning ensuite complete floor to ceiling marble tiles, 2 person spa bath, separate shower, and quality fixtures. The second bathroom is just as stunning also with full height marble tiles, large wall to wall shower and a Kalessi Magnification Mirror.

Further features include a European style laundry, ducted reverse cycle air conditioning, fresh paintjob throughout, new carpet in both bedrooms and a secure an internal car park with direct access from the car park via the swipe card activated lift straight to your floor.

The Embassy has been meticulously maintained over the years with excellent management and a committee of owners that care. Recent upgrades include the beautifully renovated foyers by highly regarded interior designer Polli Woods, new gym equipment, lift upgrade and much more to come. Further common attributes include excellent security with a swipe card system, 24-hour reception in the foyer and the resort style facilities with indoor heated lap pool, sauna, and the gym. All these excellent luxuries are maintained through the community fees.

This stand out property is one not to be missed and will be highly sought after by investors, executive couples, retirees, semi-retirees, and those just looking for a secure, lock up and leave city lifestyle. Be quick to secure this wonderful opportunity!

PROPERTY INFORMATION:

Certificate of Title: Volume 5864 Folio 21

Council Rates: $2,077.20 per annum (approx.)

Water Rates: $164.77 per quarter (approx.)

ESL: $460.00 per annum (approx.)

Community Rates:
Admin: $1,538.00 per quarter (approx.)
Sinking: $515.00 per quarter (approx.)

Property History for 1506/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$720,000
01 Aug 2024
  • 01 Aug 2024
    Sold for $720,000
  • 20 Feb 2024
    Listed for Sale $720,000
  • 21 Sep 2017
    Sold for $530,000
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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 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1001 properties were sold in the past 12 months in Adelaide.

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