OFF MARKET

709/96 North Terrace
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
Land area: 47m2
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Last updated 14 Oct 2024
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Property Details for 709/96 North Tce, Adelaide

709/96 North Tce, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 47m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2001
Floor Size
43m2
Land Size
47m2
Local Government
Adelaide
Lot/Plan
F709/C21009

Last Listing description (June 2024)

Prime in investment with yield return above 7%!

Currently managed by the reputable Swainson Apartments, this fully furnished deluxe apartment offers a no maintenance investment opportunity with a viable rental of $410 per week.

It gets even better - This apartment also meets the requirements for Stamp Duty Exemption (Subject to Revnue SA Approval). For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land). That's a saving of over $10,000!

Looking to live and enjoy an enviable city lifestyle, this can be done also. Lap up everything this fantastic location has to offer right at your doorstep with an abundance of first-class restaurants and great shopping to choose from all within walking distance. Further attractions include the exciting River Torrens Precinct witih the iconic Adelaide Oval, Casino, Entertainment Centre, Festival Theatre and the Convention Centre.

Less than 500 metres away you'll also find 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).

Inside the apartment was recently renovated throughout and in great condition. It features a well appointed, fully contained kitchen with solid granite bench tops, stainless steel appliances and quality fixtures and fittings. This flows through to the light filled open plan living and dining area and the generous private balcony.

The spacious bedroom features built in robes, frosted windows to allow in natural light and a sparkling two-way ensuite. Other features of this lifestyle apartment include a European style laundry, ducted reverse cycle air conditioning, video intercom and excellent security with swipe card access and 24-hour reception in the foyer.

The complex also offers everyday free use of the extensive facilities, all which are maintained through the community rates. Keep fit with state of the art gym and indoor heated lap pool or relax in the spa and sauna.

Enquire now for further details or a private inspection.

PROPERTY INFORMATION:

Council Rates: $1,382.00 per annum (approx.)

Water Rates: $146.50 per quarter (approx.)

Community Rates:
Admin: $570.00 per quarter (approx.)
Sinking: $182.00 per quarter (approx.)

Emergency Services Levy: $326.00 per annum (approx.)

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. RLA 181689

Property History for 709/96 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$295,000
08 Sep 2023
Listed for Rent
$325/w
13 Aug 2020
  • 08 Sep 2023
    Sold for $295,000
  • 23 Jun 2023
    Listed for Sale Not Disclosed
  • 09 Aug 2020
    Listed for Rent $325 / week
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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 17,716 properties. Over the last 5 years, Houses in Adelaide have seen a 55.29% increase in median value, while Units have seen a 24.26% increase. As at 30 September 2024:

  • The median value for Houses in Adelaide is $1,117,950 while the median value for Units is $513,770.
  • Houses have a median rent of $615 while Units have a median rent of $570.
There are currently 175 properties listed for sale, and 80 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1062 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.