Back 1202/96 North Terrace
Off Market

1202/96 North Terrace

Adelaide SA 5000

2
1
1
82 m²
Apartment
Last sold for $630,000
Toby ShipwayToby Shipway, last sold this property on 20 August 2025 after -5 days on market.

Overview

**SOLD BY TOBY SHIPWAY - TO GET THE MAXIMUM PRICE WITH MINIMUM FUSS CONTACT TOBY SHIPWAY**

Sought-After City Living with Exceptional Investment Potential Perfectly positioned in the prestigious Embassy building, this spacious, north-facing apartment offers a rare opportunity for both the astute investor and the owner-occupier seeking a vibrant inner-city lifestyle. Set in one of Adelaide's most sought-after locations, you're just moments from the River Torrens Precinct, Adelaide Oval, Convention Centre, SkyCity Casino, and Festival Plaza. Within 500 metres lies the Royal Adelaide Hospital, the South Australian Health and Medical Research Institute, and the cutting-edge Adelaide Biomedical Precinct, placing world-class infrastructure right at your doorstep. Surrounded by the very best Adelaide has to offer, you'll find a short stroll leads you to award-winning restaurants, lively bars, and gourmet shopping along Gouger Street and at the iconic Central Markets. Leading universities including Adelaide University, UniSA, and TAFE are all within easy reach, with the apartments also zoned for the highly regarded Adelaide High School and Adelaide Botanic High School. Transport could not be more convenient, with trams, Adelaide Train Station, and major bus stops all just minutes away. The apartment comes fully furnished, giving you the freedom and flexibility to either move in, lease through Oaks Hotels and Resorts, manage as long-term rentals, or explore the lucrative short-term rental market through platforms like Airbnb and Booking.com. Whether you're looking to enjoy city living or generate strong rental returns, these properties deliver exceptional potential. Inside, you'll find bright, open-plan living and dining areas with picture windows capturing stunning views over North Terrace, the River Torrens, and Adelaide Oval. The modern kitchens are stylishly appointed with granite benchtops, stainless steel appliances, electric ovens, gas cooktops, and integrated dishwashers. The cleverly designed European-style laundry is discreetly tucked behind bi-fold doors for added convenience. The apartment features two generously sized bedrooms with built-in robes, with the master bedroom showcasing large windows that embrace the spectacular north-facing aspect. The centrally located bathroom is sleek and functional, ideal for both residents and guests. Adding to their unique appeal, these apartments include two separate balconies - a spacious northeast-facing terrace perfect for entertaining, and a smaller northwest balcony ideal for a BBQ. A secure undercover car park with direct lift access to your floor ensures complete ease of living. Further features include ducted reverse cycle air conditioning, excellent security with swipe card access, a 24-hour staffed reception in the foyer, and an intercom system for guest access. Residents also enjoy access to premium on-site facilities, including an upgraded gym, indoor heated lap pool, and relaxing sauna - all maintained through the body corporate rates. This apartment offers a rare blend of style, space, location, and versatility in the heart of Adelaide's thriving city centre. Whether you're looking to invest or move in, this is an opportunity not to be missed. For more information or a rental appraisal, contact Toby Shipway today. All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions, including but not limited to property size, floor plans, building age, and condition. Interested parties should conduct their own inquiries and seek independent legal advice.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
82 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 1202/96 North 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 1202/96 North Terrace

2025
Sold
$630,000
20 Aug 2025 by Toby Shipway, of Ray White Adelaide CBD
2022
Sold
$455,000
Private Sale/Treaty on 14 Dec 2022 by Brad Henderson, of BHEN & CO Real Estate

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 30 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom apartments in Adelaide

In the last 12 months, 279 two-bedroom apartments similar to 1202/96 North Terrace, have been sold.

This represents a 13% increase in two-bedroom apartments sales when compared to the previous 12 months.

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