502/96 North TerraceAdelaide SA 5000
Property Details for 502/96 North Tce, Adelaide
502/96 North Tce, Adelaide is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2001. The property has a land size of 80m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
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
- 27 May 2022Sold for $455,000
- 24 Jan 2022Listed for Sale UNDER OFFER - CONTACT TOBY SHIPWAY
- 20 Oct 2017Listed for Sale SOLD - CONTACT TOBY SHIPWAY
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0About 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 17,725 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.
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