SOLD
Sold on 12 Jan 2024 for $4,360,000

59 Mills Terrace
North Adelaide SA 5006

Bedrooms: 8
Bathrooms: 4
Car spaces: 3
Floor area: 562m2
Land area: 904m2
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Property Details for 59 Mills Tce, North Adelaide

59 Mills Tce, North Adelaide is a 8 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1880. The property has a land size of 904m2 and floor size of 562m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 8 bedroom Unit sold in North Adelaide in the last 12 months.

Building Type
Unit
Year Built
1880
Floor Size
562m2
Land Size
904m2
Local Government
Adelaide
Lot/Plan
A51/D21570

Last Listing description (January 2024)

An exciting heirloom in this coveted dress circle position and situated in a prominent corner position with valuable rear access from Priory Lane.

First time offered in 31 years, the residence is currently disposed as a gracious main residence of 10 rooms on the ground level and in addition 2 generous, self contained 2 bedroom apartments upstairs accessed via the original balcony and external, southern staircase.

With magnificent outlooks over the North Adelaide Golf Course the main residence boasts many original features and comprises grand entrance hall, elegant sitting room or music room, study, both with superb original marble fire surrounds, dining room, adjacent to the kitchen, main bedroom with WIR and ensuite, family room and sunny conservatory with northerly aspect.

There are a further 3 bedrooms and children's living area plus cellar. The glistening, fully tiled swimming pool in the northern courtyard is accessed both via the study and the conservatory.

A once in a lifetime, exciting and rare offering as a family estate with immediate potential for a separate income stream if desired.

Council Rates | $10,152.90 pa
SA Water | $710.21 pq
ESL | $706 pa
Year Built | 1880

Are you thinking of purchasing this property as an investment? Speak with our Property Management team on how we can assist you.

All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.

Property History for 59 Mills Tce, North Adelaide, SA 5006

A timeline of how this property has performed in the market
Last Sold
$4,360,000
12 Jan 2024
Listed for Rent
$220/w
19 Oct 2002
  • 12 Jan 2024
    Sold for $4,360,000
  • 14 Sep 2023
    Listed for Sale Auction
  • 24 Jul 2014
    Transferred
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About North Adelaide 5006

The size of North Adelaide is approximately 5.1 square kilometres. It has 40 parks covering nearly 57.8% of total area. The population of North Adelaide in 2011 was 6,678 people. By 2016 the population was 6,969 showing a population growth of 4.4% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation. In 2011, 49.1% of the homes in North Adelaide were owner-occupied compared with 48.8% in 2016.

North Adelaide has 4,725 properties. Over the last 5 years, Houses in North Adelaide have seen a 65.28% increase in median value, while Units have seen a 37.73% increase. As at 31 October 2024:

  • The median value for Houses in North Adelaide is $1,503,479 while the median value for Units is $728,363.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 19 properties listed for sale, and 22 properties listed for rent in North adelaide on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in North adelaide.

Suburb Insights for North Adelaide 5006

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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.