SOLD
RECENT ADVICE
Sold on 28 Jan 2025 for $340,000

215/281 North Terrace
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 49m2
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Property Details for 215/281 North Tce, Adelaide

215/281 North Tce, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 1 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
49m2
Local Government
Adelaide

Last Listing description (February 2025)

This stylish one bedroom strata apartment is positioned in one of the hottest spots in the city's East End, directly adjacent the historic Ayers House, opposite Adelaide Uni and Lot Fourteen, and only one street back from vibrant Rundle Street shopping, cafes, boutiques, restaurants and various hotels and entertainment venues.

Secure, low maintenance and located in the "Palais Apartments" on picturesque North Terrace, this 2nd floor apartment is ideal for students, city workers or savvy investors.

Immaculately presented in a neutral palette, the apartment features an interior that oozes contemporary cool with a spacious, air-conditioned open plan living/dining and kitchen. The streamlined, well-appointed kitchen boasts slick marble-style laminate benchtops, glass splashback, ample storage in crisp white cabinetry (including overhead cupboards and free standing white dresser), stainless steel hardware, electric oven and dishwasher.

Wake up each morning in the east-facing double bedroom, greeted by stunning garden views of jacaranda trees overlooking the iconic Ayers House. The fresh, modern bathroom features a walk-in shower and toilet, while the convenient European-style laundry includes an LG front-loader washing machine.

Additional features include:-
* Reverse-cycle split system air-conditioner
* Large free standing entertainment unit - perfect for the TV plus additional storage
* Tiled kitchen, bathroom & laundry zone
* Sparkling down lights throughout the kitchen/living area
* Remote controlled ceiling fan in bedroom
* Large linen press
* Secure key card access

The location is priceless! Walk to most destinations, relax or jog along the River Torrens and
surrounding Parklands, explore the Botanic Gardens, Art Gallery, Museum and Library just a few steps away, or hop on the free tram right out the front and travel down to the Festival Centre, the Adelaide Railway Station, Adelaide Oval and Royal Adelaide Hospital, or continue on to the Entertainment Centre just out of the City.

Moments from all prominent educational facilities including schools such as
Adelaide Botanic High, Adelaide International School, CBC, St. Aloysius and Prince Alfred
Colleges, as well as Adelaide Uni, Uni of SA and TAFE. Offering first class investment credentials, perfect for CBD workers, country vendors looking for a city pad, or accommodation for students, this is a must inspect for owner-occupiers and investors who recognise the value of such a prized city lifestyle setting.

$320,000

To make an offer, scan the code below:
https://prop.ps/l/SqHcXm8hBfo1
(Please copy and paste the link into your browser)

CT: Volume 5985 Folio 542
Council: Adelaide City Council
Council Rates: $1,473.80 per annum (approx)
Water Rates: $167.24 per quarter (approx)
Body Corporate Levy: $518.00 per quarter (approx)
Plus Sinking Levy $230.00 per quarter (approx)
Year Built: 2007 (approx)

Property History for 215/281 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$340,000
28 Jan 2025
Listed for Rent
$400/w
17 Nov 2023
  • 28 Jan 2025
    Sold for $340,000
  • 08 Jan 2025
    Listed for Sale Under Contract
  • 13 Nov 2023
    Listed for Rent $400 / 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 154 properties listed for sale, and 103 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1028 properties were sold in the past 12 months in Adelaide.

What's around 215/281 North Tce, Adelaide

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Eynesbury Senior College
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St Aloysius College
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Suburb Insights for Adelaide 5000

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Neighbourhood Insights
Age

Population 15,129

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4%

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8%

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17%

40-49

 

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Contact agency
Show contact details
LJ Hooker Kensington | Unley
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