Back 12/60 South Terrace
Off Market

12/60 South Terrace

Adelaide SA 5000

2
1
1
64 m²
Apartment
Last sold for $582,000
Laura HaoLaura Hao, last sold this property on 29 September 2024 after -36 days on market.

Overview

SOLD BY LAURA HAO

Please contact Laura Hao from Magain Real Estate for all your property advice. This is a rare opportunity to purchase a truly low cost, super high investment return apartment in the Adelaide CBD. Beautiful and luxury large one bedroom with balcony (building size approx. 66 sqm) CBD apartment just located beside famous Veale Garden, you may enjoy fresh air and peaceful pictural environment everyday. Prices are: $460,000 for 1 bedroom unit located on level 1 $470,000 ~ $480,000 for 1 bedroom unit located on level 2 $480,000 ~ $490,000 for 1 bedroom unit located on level 3 All apartments come with a stackable carpark. A great investment turnover for investors with a high weekly rental of $650 for most of 1-bedroom apartments in this building. You'll enjoy the convenience of vibrant Adelaide city living and the close proximity of the picturesque Veale Gardens. Just five minutes drive to anywhere in the CBD and only a ten minute walk to the Central Market Plaza and or Chinatown. Alternatively, take the free tram to the City Centre, to Uni SA, Adelaide Uni or Adelaide Zoo. Each apartment with ducted heating and cooling has a large living area and is well equipped with a luxury kitchen with a stone bench-top and Miele stainless steel appliances including a range-hood, cook-top and dishwasher. The bathrooms are tiled floor-to-ceiling. Each apartment has a balcony that provides coastal or city views. Definitely worth your inspection and priced to sell. The Strata fees are very reasonable also. Please call Laura Hao 0423 688 966 anytime for more information provided and showing through these beautiful apartments! RLA 222182

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
64 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 12/60 South Terrace 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 12/60 South Terrace

2025
Rented
Undisclosed
Leased on 25 Sep 2025 by Magain Real Estate
2024
Sold
$582,000
Private Sale/Treaty on 29 Sep 2024 by Laura Hao, of Magain-Scarce Real Estate – Tusmore

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, 280 two-bedroom apartments similar to 12/60 South Terrace, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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