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Sold on 13 May 2024 - Price Unavailable

1908/17 Penny Place
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 1908/17 Penny Pl, Adelaide

1908/17 Penny Pl, Adelaide is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.

Building Type
Apartment
Local Government
Adelaide
Lot/Plan
F1908/C42403

Last Listing description (May 2024)

Locals love Adelaide's vibrant laneway culture, filled with world-class restaurants, bars, galleries, and boutiques. Penny Place – a collection of smart, stylish apartments designed for urban living. Designed by world-renowned architect Woods Bagot, Penny Place reflects the unique spirit of the city – easy-going and laid-back, with a true appreciation for craftsmanship and quality.

Located in the heart of the CBD, these spacious apartments have been created to make inner-city living stress-free and simple. With generous balconies, uninterrupted views and thoughtfully integrated finishes offering residents a rare, seamless indoor-outdoor living experience – no detail has been overlooked. This is a building that is beautiful inside and out, authentically Adelaide. Penny Place is set to become a part of the city's pulse, offering the ultimate urban lifestyle to its lucky residents, who will be surrounded by the best of everything this colorful city has to offer.

Live in Adelaide's best location, surrounded by everything this thriving city has to offer. Welcome to the ultimate urban lifestyle. This is a place where appreciation for food, arts, and culture is custom, and where great weather year-round makes exploring the tree-lined streets delightful. Whether you'd rather go for a walk or take the free tram around the CBD, Adelaide's best shops, restaurants, schools and universities are all within short reach.

What we love about this apartment?
* Using one of the most celebrated brands of Australia - Caesar stone for bench-tops
* Using one of the three most popular furniture brands in Germany - Bosch including oven & gas cooktop
* Feature LED – energy-saving lights
* The double DishDrawer from the popular Fisher & Paykel brand
* Air conditioning in the Living room and Bedrooms
* Main bedroom with ensuite
* Living Room Feature Wall
* Carpet to bedrooms and tile to living areas
* A huge balcony and panoramic views across the city
* Secured city carpark
* Tram station within walking distance
* Close to Victoria Square, Gouger Street precinct, Central Market, and Chinatown

Council rate: $571.80 per quarter
Admin fund: $973.40 per quarter
Sinking fund: $80.30 per quarter
Water sewerage: $95.17 per quarter
Currently tenanted until 25/4/24, with rent of $680 per week.

Disclaimer - The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee its accuracy and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice. RLA 255949

Property History for 1908/17 Penny Pl, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
13 May 2024
Listed for Rent
$640/w
30 Sep 2022
  • 13 May 2024
    Sold for $695,000
  • 06 Mar 2024
    Listed for Sale $680,000 - $700,000
  • 23 Sep 2022
    Listed for Rent $640 / 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 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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