OFF MARKET

808/102-105 North Terrace
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
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Property Details for 808/102-105 North Tce, Adelaide

808/102-105 North Tce, Adelaide is a 1 bedroom, 1 bathroom Townhouse and was built in 2003. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Townhouse
Year Built
2003
Floor Size
51m2
Local Government
Adelaide
Lot/Plan
F808/C21890

Last Listing description (March 2020)

TOUR OF THE HORIZONS APARTMENTS HELD THIS SUNDAY 23RD FEBRUARY AT 12.30PM SHARP. MEET IN THE FOYER.

This is a wonderful opportunity to invest in Adelaide's most exciting city location. Situated on the iconic North Terrace and directly opposite Adelaide's revitalised Riverbank Entertainment Precinct, how can you go wrong!


Apartments purchased for commercial purposes are also eligible for Stamp Duty Concession. For further information please go to the RevenueSA website - Stamp Duty on Transfer of Real Property (Land).

Imagine having all of this at your front doorstep - World class sporting and entertainment events at Adelaide Oval, art exhibitions and shows at Adelaide Festival Centre, Adelaide Convention Centre, the upgraded Sky City Casino, Adelaide's newest health and medical centres and of course the landscaped riverbank and surrounding parks.

Universities and TAFE are also located within short walking distance while the tram, train station and major bus stops are also located directly in front. The shopping and dining options are endless with Rundle Mall less than 500 metres away and a short stroll to Gouger Street.

Choose to get amongst all of the action yourself as an owner occupier or take advantage of the secure investment opportunities. Currently tenanted by the Oaks Hotels and Resorts with a guaranteed rental return of $404.00 per week making it 6.5 - 7.0% yield return!

Situated on the 8th floor, this spacious apartment has been recently refurbished with new carpets, fresh paint job, new window treatments and a tasteful furniture package supplied by the Oaks.

The double bedroom features built in robes and direct access to the two way bathroom complete with a spa bath and shower, modern finishes and a European style laundry complete with a washer/dryer.

The light filled open plan living & dining flows through to the full width balcony where you can sit back and relax while admiring the colourful city lights. The kitchen offers plenty of bench and cupboard space with a breakfast bar, dishwasher and quality fixtures and fittings.

Further features of this lifestyle apartment include ducted reverse cycle air conditioning, easy access to the internet and Foxtel and excellent security with intercom, swipe card access and 24 hour reception in the foyer.

The complex also offers everyday free use of the extensive facilities. Keep fit with the gym and indoor heated lap pool or relax in the spa, sauna and steam room.

Call or email Toby Shipway to arrange an inspection.

Property Information:

CT: 5903/752

Adelaide City Council

Council Rates: $1,228.00 per annum (approx)

SA Water Rates: $196.75 per quarter (approx)

Community Rates: $890.00 per quarter (approx)

Property History for 808/102-105 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$275,000
31 Jul 2023
  • 31 Jul 2023
    Sold for $275,000
  • 17 Jun 2014
    Listed for Sale $295,000 - $305,000
  • 24 Sep 2003
    Sold for $236,900

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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, 1067 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.