SOLD
Sold on 31 May 2024 for $410,000

802/102-105 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
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Property Details for 802/102-105 North Tce, Adelaide

802/102-105 North Tce, Adelaide is a 2 bedroom, 1 bathroom Townhouse and was built in 2003. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Townhouse sold in Adelaide in the last 12 months.

Building Type
Townhouse
Year Built
2003
Floor Size
74m2
Local Government
Adelaide
Lot/Plan
F802/C21890

Last Listing description (October 2021)

Moments from so many Adelaide lifestyle attractions, investors will note the North Terrace frontage, proximity to Royal Adelaide Hospital, Adelaide Oval, Adelaide Casino, and of course a number of Adelaide's top restaurants. Golden opportunity for investors offering an envious existing long term rental return from Oaks if you so choose.

Currently used as part of the Oaks Hotels and Resorts, this apartment achieves a gross income of $2,364.54 per month.

Filled with light, and perfectly positioned on the 8th floor, the apartment reveals huge views across North Terrace to the Adelaide Oval from a large, sheltered wrap around balcony, that is seamlessly connected to the open-plan living. Sought after wrap around corner apartment with large windows.

Added highlights include mirrored built-in robes in each bedroom, a beautiful 'on trend' bathroom, European style laundry, and quality kitchen appliances that complement glossy stylish cabinetry and flooring. The apartment has a real warmth about it and is for sale fully furnished.

Enjoy 24/7 access to exceptional facilities including an indoor heated pool, spa, sauna, and equipped fitness gymnasium.

Investors will appreciate the 'set and forget' high return on investment. Owner-occupiers will soak up the city lifestyle at their doorstep, while the property also works wonderfully well for a central city base for regional investors. Oaks Horizons Suites have ensured that upkeep and maintenance of the property has been consistently high.

Specifications:
CT / 5903/746
Year built / 2005
Building area / 75 sqm approx.
Council / City of Adelaide
Council Rates / $478 p.q. (supplied by vendor)
ESL / $TBA p.a
SA Water / $174 p.q. (supplied by vendor)
Community Fees / $1387 p.q. (supplied by vendor)

Speak to TURNER Property Management about managing this property
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*COVID Information for attending an Open Inspection:

Turner Real Estate is limiting the number of people attending opens at any one time. We ask that you remember to bring a mask to all open inspections and check in at the door with our QR code.

At times, there may be more people at the property than we can allow through at once. Please be patient with us as we work within the Government regulations and make sure there is a COVID safe environment for all attendees. We know this may take more time than a normal open and will allow for that. Where there is a longer time slot for viewing, consider coming later in the timeslot we will be there for the full duration of the advertised open time.

Property History for 802/102-105 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$410,000
31 May 2024
  • 31 May 2024
    Sold for $410,000
  • 07 Apr 2021
    Listed for Sale $368,000
  • 06 Jan 2011
    Sold for $334,000
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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 17,930 properties.

    There are currently 161 properties listed for sale, and 79 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1053 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.