OFF MARKET

707/96 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 87m2
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Property Details for 707/96 North Tce, Adelaide

707/96 North Tce, Adelaide is a 2 bedroom, 1 bathroom Townhouse and was built in 2001. The property has a land size of 87m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Townhouse
Year Built
2001
Floor Size
72m2
Land Size
87m2
Local Government
Adelaide
Lot/Plan
F707/C21009

Last Listing description (June 2024)

Perfectly located in Adelaide's most talked about city location adjacent the iconic Adelaide Oval, River Torrens and less than 500 metres to the new Research and Medical Precinct, this spacious 2 bedroom apartment offers an excellent low maintenance lifestyle and or a lucrative investment opportunity.

Everything the city has to offer is right at your doorstep! The exciting River Torrens Precinct, Adelaide Oval, and less than 500 metres to the 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.

The flexibility of this apartment allows you to do as you please. Live in as an owner occupier, lease the apartment privately on a short term or long-term basis or take up the option of the fuss free management agreement provided by the Oaks Hotels and Resorts. Currently returning a guaranteed at $2,080.00 per month ($480.00 per week).

**This apartment meets the requirements for stamp Duty Exemption (Subject to Revenue SA Approval). That's a potential saving of over $17,000! ** For further information please go to the Revenue SA website - Stamp Duty on Transfer of Real Property (Land) or contact Toby**

Situated in on the 7th floor in south-east corner of the Embassy, the apartment is perfect for those looking for a bit of peace and quiet. As you enter the apartment you are welcomed with a wide entrance hallway which flows through to the well-equipped kitchen complete with solid granite bench tops and stainless steel appliances.

The open plan living and dining area is spacious with floor to ceiling windows and direct access through to the balcony with sliding louvers for extra privacy. The bathroom is conveniently located between the two generous bedrooms both with built in robes.

Further standout features include ducted reverse cycle air conditioning, European style laundry, excellent security with a swipe card system, video intercom and 24 hour reception in the foyer. The complex also provides free use of resort style facilities with an indoor heated lap pool, spa, sauna and state of the art gymnasium.

PROPERTY INFORMATION:

Oaks Management Fees: $250.70 per month (approx.)

Council rates: $2,216.60 per annum (approx.)

SA Water rates: $153.70 per quarter (approx.)

Emergency Services Levy: $448.40 per annum (approx.)

Community rates
Admin: $821.00 per quarter (approx.)
Sinking: $262.00 per quarter (approx.)

Property History for 707/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$410,000
02 Feb 2024
  • 02 Feb 2024
    Sold for $410,000
  • 08 Dec 2023
    Listed for Sale UNDER OFFER - CONTACT TOBY SHIPWAY
  • 12 Dec 2007
    Sold for $305,000
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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 18,028 properties. Over the last 5 years, Houses in Adelaide have seen a 50.48% increase in median value, while Units have seen a 31.68% increase. As at 31 January 2025:

  • The median value for Houses in Adelaide is $1,131,112 while the median value for Units is $539,853.
  • Houses have a median rent of $625 while Units have a median rent of $600.
There are currently 167 properties listed for sale, and 98 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1012 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.