OFF MARKET

502/96 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 64m2
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Property Details for 502/96 North Tce, Adelaide

502/96 North Tce, Adelaide is a 2 bedroom, 1 bathroom Townhouse and was built in 2001. The property has a floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Townhouse
Year Built
2001
Floor Size
64m2
Local Government
Adelaide
Lot/Plan
F502/C21009

Last Listing description (December 2022)

Move in and enjoy or invest in this perfect city location.

This spacious north facing apartment boasts endless opportunities for the astute investor or owner occupier looking to live it up in the city.

Fully furnished with absolutely everything included, choose to manage it yourself on a short term basis through companies such as Airbnb and Stayz, sit back and let one the reputable companies take care of it for you or live in and lap up an exciting city lifestyle in this prime city location.

Currently managed through the Oaks Hotels and Resorts returning a viable rental return of $2,166.67 per month (gross) plus a further $250 per month (net) for the car park.

The location of course has 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.

Positioned in the north-east corner of the Embassy, enjoy an alfresco breakfast in the morning sun and watch North Terrace light up in the evenings. Inside boasts light filled living and dining complimented with natural colour schemes and modern dcor throughout.

The kitchen is well appointed with solid granite benchtops and SMEG appliances complete with dishwasher, electric oven and gas cooktop. Both bedrooms are excellent size with built in robes, the main bedroom with large floor to ceiling windows framing the northern aspect.

There are two balconies both with sliding louvers for privacy. The main balcony positioned in the northeast corner is great size and perfect for entertaining for guests and the smaller balcony in the north west corner for the BBQ.

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.

A rarity in this building, the apartment also features a secure internal car park with swipe card access from the lifts straight to your floor.

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.

Enquire now for more details or a private inspection.

Property Information:

Oaks Management Fee - $260.30 per month

Council Rates: $440.00 per quarter (approx.)

SA Water Rates: $180.00 per quarter (approx.)

Emergency Services Levy:
$121.80 per annum (approx.) - Residential
Or
$602.45 per annum (approx.) - Commercial

Community Rates:
Admin: $955.00 per quarter (approx.)
Sinking: $305.00 per quarter (approx.)

Property History for 502/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$455,000
27 May 2022
  • 27 May 2022
    Sold for $455,000
  • 24 Jan 2022
    Listed for Sale UNDER OFFER - CONTACT TOBY SHIPWAY
  • 20 Oct 2017
    Listed for Sale SOLD - CONTACT TOBY SHIPWAY
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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 17,934 properties.

    There are currently 166 properties listed for sale, and 78 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1056 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.