OFF MARKET

704/96 North Terrace
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
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Property Details for 704/96 North Tce, Adelaide

704/96 North Tce, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2001
Floor Size
50m2
Local Government
Adelaide
Lot/Plan
F704/C21009

Last Listing description (May 2024)

Executive Lifestyle Apartment and viable investment - with a car park!

Adjacent the iconic Adelaide Oval and the exciting River Torrens Precinct, this completely refurbished apartment boasts an amazing city lifestyle or a prime investment opportunity offering even further potential with Adelaide's most talked about developments right at your doorstep.

The ever-developing River Torrens Precinct just keeps on giving with the iconic Adelaide Oval, Adelaide Convention Centre and the expansive Medical Precinct consisting of the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI), South Australian Health and Biomedical Precinct (SAHBP), Uni SA Health Innovation Building (HIB) and the Adelaide Health and Medical Sciences Building (AHMS).

First Class restaurants and bars are just a short walk away with gourmet shopping at nearby Central Markets and Gouger Street. Adelaide University, University SA and TAFE are all very close with secondary education zoning for Adelaide High School. Transport options easily accessible with the tram, Adelaide Train Station and major bus stops only a minute away.

Choose to move straight in and enjoy all the advantages of no maintenance living in this fantastic location or reap the rewards of the viable rental returns on offer through a choice of reputable management companies.

Currently tenanted through the Oaks Hotels and Resorts as a no fuss investment. Previously tenanted for approximately $395 per week.

Inside the apartment offers spacious accommodation and has been completely refurbished throughout. Inside the apartment features a very well-equipped kitchen complete with solid granite bench tops, stainless steel dishwasher and cooking appliances with an electric oven and 4 burner gas cook top.

The double bedroom is great size with built in robes and ensuite. Further features include ducted reverse cycle air conditioning, European style laundry complete with a washing machine and dryer, excellent security with a swipe card system, video intercom and 24-hour reception in the foyer.

The complex also provides free use of the recently revamped resort style facilities with indoor heated pool, spa, sauna and brand new gym.

Don't miss out on your opportunity to inspect this excellent lifestyle apartment.
Enquire now!

PROPERTY INFORMATION:

CT: 5859/63

Council Rates: $1,771.80 per annum (approx.)

Water Rates: $156.60 per quarter (approx.)

Community Rates:
Admin Fund - $754.00 per quarter (approx.)
Sinking Fund- $241.00 per quarter (approx.)

ESL: $372.75 per annum (approx.)

Property History for 704/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$320,000
27 Oct 2021
  • 27 Oct 2021
    Sold for $320,000
  • 29 Jun 2021
    Listed for Sale $320,000
  • 05 Jan 2009
    Sold for $280,000
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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 17,939 properties. Over the last 5 years, Houses in Adelaide have seen a 53.84% increase in median value, while Units have seen a 25.84% increase. As at 31 July 2024:

  • The median value for Houses in Adelaide is $1,107,070 while the median value for Units is $491,735.
  • Houses have a median rent of $620 while Units have a median rent of $560.
There are currently 169 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1050 properties were sold in the past 12 months in Adelaide.

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Disclaimer
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.