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Back 1108/17 Penny Place
Off Market

1108/17 Penny Place

Adelaide SA 5000

2
2
1
102 m²
Apartment
Last sold for $730,000
Jacky YangJacky Yang, last sold this property on 25 June 2025 after 23 days on market.

Overview

Contemporary living in CBD with magnificent view from both Bedrooms and Living

Welcome to Apartment 1108, where contemporary living meets breathtaking views. Perched on the 11th floor, this sophisticated residence offers a full-width balcony with dual access from both the living room and bedrooms, allowing you to soak in the stunning Adelaide Hills and CBD skyline. Designed by Woods Bagot and developed by the acclaimed Flagship Group-the team behind Kodo-Penny Place is the ultimate choice for discerning owner-occupiers and savvy investors alike. Kitchen: Sleek, modern joinery with ample storage space. 20mm Caesarstone benchtops complemented by high-end Bosch appliances, including a gas cooktop and oven. Fisher & Paykel dishwasher drawers for added convenience. Living & Dining: Seamless indoor-outdoor living with an expansive open-plan living and dining area. Stunning floor-to-ceiling double sliding glass doors open to the full-width balcony. Enjoy superfast internet with a pre-configured and pre-installed free WiFi router. Bedrooms: Oversized bedrooms featuring built-in wardrobes and generous storage. Each bedroom offers direct access to the balcony and captivating views. Bathrooms: One full bathroom, thoughtfully designed with ample recessed storage and an oversized shower. The master bedroom includes a spacious ensuite with a double-sized shower. Laundry: Separate European-style laundry with laundry unit and additional storage space. Location: Inner-city living at its finest, with designer 2-bedroom apartments now available in the heart of Adelaide. Conveniently situated next to Kodo, Penny Place offers unparalleled access to: • Victoria Square tram stop • Adelaide Central Markets / China Town • University of South Australia • Rundle Mall Apartment Highlights: • Open-plan kitchen with ample storage, glass splashback, and premium finishes. • An expansive balcony with scenic Adelaide Hill views is perfect for a sitting area. • Plush carpet in the bedrooms and tiled flooring in the living areas for a blend of comfort and style. • Ducted R/C Air conditioning in both the living area and bedrooms. • Undercover car parking, secure intercom system, and FOB access. • Zoned for Adelaide High School and Adelaide Botanic High School ideal for families, investors, or city-based downsizers. Additional Features: • LED downlights throughout. • Built-in study nook. • Close proximity to Adelaide University and the University of South Australia. Property Information: Leased for $720 per week until 18/03/2026 Council Rate: $561.15/quarter (approx) Strata Fee: $870.16/quarter (approx) SA Water Supply: $78.6/quarter (approx) SA Water Sewerage: $96.41/quarter (approx) Year Built: 2021 Don't miss this exceptional opportunity to own a slice of luxury in the heart of Adelaide. Apartment 1108 at Penny Place is the perfect blend of modern design, premium features, and an unbeatable location. *Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the Form 1.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
102 m² floor area
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 1108/17 Penny Place is $660k.

Median value
$660k
Estimated value range
$310k - $1.49m
Median days on market
30
Estimated value trend
16%
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 1108/17 Penny Place

2025
Sold
$730,000
25 Jun 2025 by Jacky Yang, of Raine & Horne Unley

Happy sellers in Adelaide

93%
93% 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 31 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom apartments in Adelaide

In the last 12 months, 281 two-bedroom apartments similar to 1108/17 Penny Place, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Adelaide

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Laura Hao

Laura Hao is a recommended agent for Adelaide.  They have 4 local sales and collected 7 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  7 Reviews in Adelaide
  •  4 Sales in Adelaide
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Arnold Guan

Arnold Guan is a recommended agent for Adelaide.  They have 24 local sales and collected 7 local reviews across the last 12 months.

  •   5   (10 reviews)
  •  7 Reviews in Adelaide
  •  24 Sales in Adelaide
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Cynthia Sajkunovic

Cynthia Sajkunovic is a recommended agent for Adelaide.  They have 12 local sales and collected 4 local reviews across the last 12 months.

  •   5   (16 reviews)
  •  4 Reviews in Adelaide
  •  12 Sales in Adelaide
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Kelly Eustice

Kelly Eustice is a recommended agent for Adelaide.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (144 reviews)
  •  3 Reviews in Adelaide
  •  5 Sales in Adelaide
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