Back 1003/17 Penny Place
Off Market

1003/17 Penny Place

Adelaide SA 5000

2
2
1
110 m²
Unit
Derek LeeDerek Lee, last sold this property on 18 July 2023 after 98 days on market.

Overview

Sparkling Modern Apartment With Stunning Views Is A City-Loving Standout!

Light-filled and lofty, this stunning and spacious cosmopolitan apartment breathes breezy new life into stylish CBD living where sleek functionality meets incredible east-facing views that fill this home with fresh air and sunshine from the moment you wake up. With the central open-plan living and dining seamlessly extending to a superb property-wide balcony, there's a wonderful sense of size and space here, while headlined by the gleaming and stone-topped chef's zone - cruisy mornings, relaxed lunches and delicious dinners will quickly set the tone of your every day. A wonderfully conceived footprint sees a luxurious master bedroom offering its own private balcony making each day feel like you're on holiday, and coupled with a sparkling ensuite and built-in robes, this goes to show compact living can still be (very) comfortable. A generous second bedroom, also with balcony access and built-ins as well as quick access to the light and bright main bathroom means this designer apartment will tick the box for professional singles, investors looking for an easy, high yield rental or city-loving downsizers who can lock and leave at the drop of a hat. With all the sights and attractions of Adelaide at your fingertips, enjoy unrivalled cuisine culture with Chinatown and Adelaide Central Markets a stone's throw away, the hustle and bustle nightlife of Hindley Street as well as Rundle Mall's department store shopping in just a couple free tram stops, while pristine parklands, university campuses and city-fringe suburbs keeps everything you could possibly need at arm's reach. KEY FEATURES • Beautiful open-plan indoor-outdoor entertaining with ambient LED downlighting, large format floor tiling and spectacular east-facing views • Stylish designer kitchen with stone bench tops, abundant cabinetry and cupboards, feature lighting and gleaming stainless appliances • Spacious master bedroom with plush carpets, private balcony, BIRs, split-system AC and ensuite • Good-sized 2nd bedroom also with BIRS, soft carpets, split-system AC and balcony access • Light and bright main bathroom plus European-style laundry • Handy study nook and ducted AC in main living • Private underground car parking as well as secure building entry and communal facilities LOCATION • A short walk to Adelaide Central Markets, Chinatown and a list of popular cafés, restaurants and bars • Excellent access to public transport options including free trams • Great proximity to UniSA and Adelaide University as well as a range of other educational facilities • Just 1.2km to Rundle Mall, Rundle Street and Hindley Street for unrivalled city-centre living Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at any open inspection. Property Details: Council | Adelaide Zone | CC - Capital City\\ House | 110sqm(Approx.) Built | 2021 Council Rates | $2155.15 pa Water | $161.96 pq ESL | $297.50 pa

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
110 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Adelaide over the last 12 months, the estimated median property value of 1003/17 Penny Place is $623.8k.

Median value
$623.8k
Estimated value range
$325.5k - $896k
Median days on market
24
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Adelaide. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1003/17 Penny Place

2023
Sold
Undisclosed
18 Jul 2023 by Derek Lee, of Ray White Norwood

Happy sellers in Adelaide

92%
92% of sellers in Adelaide reported that their sale price either exceeded or met their price expectations.

Adelaide stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom units in Adelaide

In the last 12 months, 17 two-bedroom units similar to 1003/17 Penny Place, have been sold.

This represents a 23% increase in two-bedroom units sales when compared to the previous 12 months.

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