Back 2201/17 Penny Pl
Off Market

2201/17 Penny Pl

Adelaide SA 5000

2
1
1
Apartment
Ian WangIan Wang, last sold this property on 11 December 2024 after 271 days on market.

Overview

Modern Luxury 2 BR Apartment Close to Victoria Square

Locals love Adelaide's vibrant laneway culture, filled with world-class restaurants, bars, galleries, and boutiques. Penny Place – a collection of smart, stylish apartments designed for urban living. Designed by world-renowned architect Woods Bagot, Penny Place reflects the unique spirit of the city – easy-going and laid-back, with a true appreciation for craftsmanship and quality. Located in the heart of the CBD, these spacious apartments have been created to make inner-city living stress-free and simple. With generous balconies, uninterrupted views and thoughtfully integrated finishes offering residents a rare, seamless indoor-outdoor living experience – no detail has been overlooked. This is a building that is beautiful inside and out, authentically Adelaide. Penny Place is set to become a part of the city's pulse, offering the ultimate urban lifestyle to its lucky residents, who will be surrounded by the best of everything this colorful city has to offer. Live in Adelaide's best location, surrounded by everything this thriving city has to offer. Welcome to the ultimate urban lifestyle. This is a place where appreciation for food, arts, and culture is custom, and where great weather year-round makes exploring the tree-lined streets delightful. Whether you'd rather go for a walk or take the free tram around the CBD, Adelaide's best shops, restaurants, schools and universities are all within short reach. * Using one of the most celebrated brands of Australia - Caesar stone for bench-tops * Using one of the three most popular furniture brands in Germany - Bosch including oven & gas cooktop * Feature LED – energy-saving lights * The double DishDrawer from the popular Fisher & Paykel brand * Air conditioning in the Living room and Bedrooms * Living Room Feature Wall * Carpet to bedrooms and tile to living areas * A huge balcony and panoramic views across the city * Secured city carpark * Tram station within walking distance * Close to Victoria Square, Gouger Street precinct, Central Market, and Chinatown Council rate: $460.95 per quarter Admin fund: $746.72 per quarter Sinking fund: $61.60 per quarter Water sewerage: $82.89 per quarter Estimate rent: $600 per week Disclaimer - The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee its accuracy and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice. RLA 255949

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
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 2201/17 Penny Pl is $670k.

Median value
$670k
Estimated value range
$1k - $2.09m
Median days on market
34
Estimated value trend
6%
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 2201/17 Penny Pl

2024
Rented
Undisclosed
Leased on 18 Dec 2024 by Stanley Samuels Property
2024
Sold
Undisclosed
11 Dec 2024 by Ian Wang, of Korn Real Estate
2021
Rented
Undisclosed
Leased on 13 Sep 2021 by Korn Real Estate

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, 232 two-bedroom apartments similar to 2201/17 Penny Pl, have been sold.

This represents a 32% increase in two-bedroom apartments sales when compared to the previous 12 months.

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