Back 1906/17 Penny Place
Active

1906/17 Penny Place

Adelaide SA 5000

2
2
1
97 m²
Apartment
Currently for sale - view listing

Overview

Elevated CBD Living with Panoramic Views

Welcome to Apartment 1906, 17 Penny Place, Adelaide - a sophisticated two-bedroom, two-bathroom residence positioned high on the 19th floor of the award-winning Penny Place development, designed by renowned architects Woods Bagot. Completed in 2021, this impressive apartment delivers the perfect combination of contemporary style, elevated city living and outstanding convenience in the heart of Adelaide's CBD. From morning light over the Adelaide Hills to the glow of the city skyline after dark, the elevated outlook creates a spectacular backdrop to everyday living. Step outside your door and some of Adelaide's most celebrated attractions are within easy reach - from the Adelaide Central Market and Gouger Street dining precinct to Chinatown, nearby parklands, cafés, bars, shopping and entertainment. Inside, the thoughtfully designed floorplan offers a spacious open-plan living and dining area filled with natural light and flowing seamlessly to the private balcony - an ideal setting to relax, entertain or simply take in the city atmosphere from above. At the heart of the home is a stylish contemporary kitchen featuring Caesarstone benchtops, Bosch gas cooktop and oven, dishwasher and excellent storage, combining functionality with a sleek modern finish. Accommodation comprises two generous bedrooms with built-in robes, including a well-appointed master bedroom with its own private ensuite, offering additional comfort and privacy. A second contemporary bathroom services the second bedroom and guests, making the layout particularly practical for couples, professionals, visitors or shared living. Split-system air conditioning provides year-round comfort, while the European-style laundry adds further everyday convenience. Adding considerable appeal is a secure allocated car park, a highly desirable feature for CBD living and an important advantage for both owner-occupiers and investors. For investors, the apartment also presents an attractive opportunity with strong rental demand and excellent rental return potential, supported by its premium CBD location, modern design and highly sought-after two-bedroom, two-bathroom configuration. Penny Place has received recognition for its residential architecture and offers a modern, upmarket lifestyle in one of Adelaide's most convenient inner-city locations. Features You'll Love Premium 19th-floor position with elevated city, parkland and Adelaide Hills outlooks Award-winning development designed by Woods Bagot Built in 2021 Two spacious bedrooms with built-in robes Master bedroom with private ensuite Second contemporary bathroom Open-plan living and dining Private balcony with impressive elevated views Split-system air conditioning Stylish kitchen with Caesarstone benchtops Bosch gas cooktop and oven Dishwasher and excellent kitchen storage European laundry LED downlights Tiled kitchen and hallway Secure building access One secure allocated car park Strong rental demand and excellent rental return potential Walking distance to Adelaide Central Market, Chinatown and Gouger Street Close to cafés, restaurants, bars, shopping and entertainment Convenient access to tram, train and bus services Easy access to Adelaide's parklands and major CBD attractions Apartments within Penny Place continue to attract strong interest from buyers seeking quality, convenience and contemporary CBD living. With its elevated 19th-floor position, master bedroom with ensuite, second bathroom, secure parking and strong investment appeal, Apartment 1906 represents an attractive opportunity for both owner-occupiers and investors. Whether you're searching for a stylish city home, an executive lock-and-leave residence or a high-performing CBD investment, 1906/17 Penny Place delivers an outstanding combination of lifestyle, location and modern sophistication. Property Information Council Rates: $651.50 per quarter (approx.) Strata Fees: $905.89 per quarter (approx.) Sinking Fund: $195.64 per quarter (approx.) SA Water Supply Charge: $88.00 per quarter (approx.) SA Water Sewerage Charge: $112.67 per quarter (approx.) Emergency Services Levy: $148.45 per annum (approx.) Year Built: 2021 A superb opportunity to secure an elevated two-bedroom, two-bathroom CBD apartment featuring a master suite, impressive views, award-winning design, secure parking and excellent investment potential in the heart of Adelaide.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
97 m² floor area
Apartment

Property history for 1906/17 Penny Place

2025
Rented
Undisclosed
Leased on 27 Sep 2025 by Raine & Horne Unley
2025
Rented
Undisclosed
Leased on 26 Sep 2025 by Raine & Horne Unley
2023
Rented
Undisclosed
Leased on 13 Dec 2023 by Raine & Horne Unley

Happy sellers in Adelaide

91%
91% 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 23 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom apartments in Adelaide

In the last 12 months, 261 two-bedroom apartments similar to 1906/17 Penny Place, have been sold.

This represents a 16% increase in two-bedroom apartments sales when compared to the previous 12 months.

© 2026 RateMyAgent