SOLD
Sold on 31 Jul 2024 for $2,675,000

62/38 East Terrace
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 200m2
Land area: 27m2
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Property Details for 62/38 East Tce, Adelaide

62/38 East Tce, Adelaide is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 27m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
200m2
Land Size
27m2
Local Government
Adelaide
Lot/Plan
F14/C20707

Last Listing description (May 2024)

Located in the vibrant Adelaide CBD, this exquisite 3-bedroom apartment is complete with unparalleled views of the Adelaide Hills, Rymill Park and the Adelaide Botanical Gardens. Close to local cafes, restaurants, and the iconic Rundle Street, this residence epitomises the essence of convenient city living, where every need is just a stone's throw away.

Upon entry, you're greeted by a spacious open-plan living, dining, and kitchen area with sleek polished timber parquetry that exudes warmth and sophistication. The living space is generously sized, providing the perfect sanctuary for relaxation, while a second living area offers an additional zone for unwinding or entertaining guests.

The designer kitchen blends style with functionality and features high-gloss cabinetry, stone benchtops and a large island bench with a breakfast bar. Modern conveniences are integrated seamlessly, including a dishwasher and a built-in TV. Enjoy the stunning views from the kitchen, enhancing the overall culinary experience and making it a perfect space for cooking.

Retreat to the master bedroom, a luxurious haven boasting a walk-in robe and an ensuite bathroom, offering a blissful sanctuary for relaxation. Step out onto the expansive balcony from the master bedroom which also has access from the main living area, ideal for alfresco dining or simply basking in the refreshing ambiance of the outdoors.

The two additional bedrooms are equally spacious, each with built-in robes for seamless storage solutions. Serviced by a luxury main bathroom, convenience and comfort are paramount in every aspect of this residence.

Further enhancing its appeal is the second balcony accessible from one of the bedrooms and the additional living area, providing yet another outdoor retreat to soak in the views and surrounding urban landscape.

Enjoy year-round comfort with fully ducted air conditioning throughout the home, a cellar store room and a dedicated laundry space catered to practical storage and utility needs, while two secure internal car spaces offer peace of mind and convenience.

Positioned on East Terrace, every lifestyle preference is catered for with ease. Rundle Street and Rundle Mall are a short walk away for all your shopping essentials and for outdoor recreation, surrounding parklands, River Torrens Linear Trail and the Adelaide Botanical Gardens cater for recreation, fitness and outdoor relaxation. For families, prestigious tertiary education is only moments away including Adelaide Botanic High School, Adelaide High School and Adelaide University.

What we Love:

? Stunning north and eastern views including Adelaide Hills
? Designer kitchen with a large island bench
? Large open plan living with multiple living areas
? Master bedroom with walk-in robe and ensuite bathroom
? Expansive balcony perfect for alfresco dining
? Two additional bedrooms with built-in robes
? Fully ducted air conditioning throughout the home
? Cellar store room and laundry
? Two secure internal car spaces for added convenience
? Prime location on East Terrace, close to Rundle Street and Rundle Mall
? Close to the Adelaide University, Adelaide Botanic High School and Adelaide High School

Auction: Monday, 13th May 2024 at 7.00pm

Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.

PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.

The vendor's statement may be inspected at 411 Brighton Road, Brighton, SA 5045 for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.

Property History for 62/38 East Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$2,675,000
31 Jul 2024
  • 31 Jul 2024
    Sold for $2,675,000
  • 22 Apr 2024
    Listed for Sale Not Disclosed
  • 22 Feb 2023
    Transferred
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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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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.