1012/96 North Terrace

Adelaide SA 5000

Apartment

Last sold for $365,000

Toby Shipway, last sold this property on 17 April 2019 after 230 days on market.

Overview

Prime opportunity to Adelaide's finest city location.

TOUR OF THE EMBASSY APARTMENTS HELD THIS SUNDAY 7TH APRIL AT 12PM SHARP. MEET IN THE FOYER. Whether you are looking live it up and enjoy an exciting city lifestyle as an owner occupier or add this lucrative investment property to your investment portfolio, you need look no further! Everything city living has on offer is right at your doorstep. Just across the road you'll find the exciting River Torrens Precinct, Adelaide Oval, Convention Centre, Sky City Casino and Festival Plaza and only 500 metres away is the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI) and Adelaide's Biomedical Precinct. Take advantage of the huge choices available. Manage it yourself on a short term basis through companies such as Airbnb and Stayz or sit back and let one the reputable companies take care of it for you. Currently leased through the Oaks Hotels and Resorts for a guaranteed rental of $1,944.50 per month after management and cleaning fees. 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). Positioned on the 10th floor, this spacious apartment boasts a stunning western aspect over the West End, River Torrens, the new Medical Precinct and sunsets over the ocean. Inside the apartment features open plan living and dining complimented with natural colour schemes and stylish decor. The kitchen is well appointed with solid granite benchtops and SMEG appliances complete with dishwasher, electric oven and gas cooktop. Both bedrooms are excellent size with built in robes, the main bedroom with a large picture window framing the amazing views and direct access to the generous balcony complete with sliding louvers providing shade and privacy. Further features include a European style laundry tucked away in the bathroom, ducted reverse cycle air-conditioning and excellent security with swipe card access, 24 hour reception in the foyer and an intercom that allows guests to your room. On the 4th floor you'll find the excellent gym equipment, indoor heated lap pool, spa and sauna. All these luxury benefits maintained and serviced through the community rates and are available to you at your leisure. Car parks may also be purchased in the adjacent Secure Car Park for $35,000 - $40,000. Property Information: Council Rates: To be advised Water Rates: To be advised Community Rates: To be advised

Features

2 bedrooms

1 bathroom

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 1012/96 North Terrace is $680k.

Median value

$680k

Estimated value range

$310k - $1.4m

Median days on market

Estimated value trend

17%

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.