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Back 402/278 South Terrace
Off Market

402/278 South Terrace

Adelaide SA 5000

3
2
2
201 m²
Apartment
Last sold for $2,600,000
Eric JemEric Jem, last sold this property on 20 August 2025 after 30 days on market.

Overview

Parkfront Sophistication: A Rare Boutique Offering on South Terrace

Perfectly positioned on the coveted corner of South Terrace and Charlotte Street, this luxurious boutique apartment captures sweeping views across the tranquil parklands and the iconic Himeji Garden. One of only 13 residences in this architecturally refined complex-with just two homes per level-this is a rare opportunity to secure an address that defines prestige, privacy, and timeless elegance. Designed for the sophisticated downsizer and the discerning owner-occupier, Residence 402 is a flawless expression of understated luxury, celebrating generous proportions, premium finishes, and considered details throughout. Step inside to experience: - A grand 4.5m x 1.2m kitchen island, seamlessly integrating a timber countertop with a 40mm stone top-anchoring the heart of the home and offering a showstopping space for entertaining or everyday living - An elite suite of Miele appliances, including a 900mm gas cooktop, 900mm under-bench oven, and 600mm wall-mounted pyrolytic oven and microwave in Pureline Clean Steel finish-balancing performance with refined aesthetics - Two discreet air conditioning outlets above the cooktop - Vintec 35-bottle underbench wine fridge for your curated collection - Not one but two Miele dishwashers for seamless hosting - Provision for two fridges (not included, but available for purchase separately) - A cleverly designed larder with its own sink and generous storage-an ultra-efficient space that every passionate cook will appreciate - Two private balconies-one flowing from the open plan living area with uninterrupted parkland views, the other offering a serene retreat directly off the master bedroom - Study with built-in drawers and bookcase - Expansive open plan living and dining zone framed by soaring double-glazed windows, bathed in natural light and optimised for effortless flow - Two secure indoor car parking Every element has been considered, from the bespoke cabinetry and ambient lighting to the sophisticated material palette that reflects a commitment to enduring quality and elegant restraint. Key Highlights: - Boutique complex of only 13 luxury residences - Only two apartments per floor, ensuring exclusivity - Sweeping parkland and garden views - Double-glazed windows throughout - Secure car parking and lift access This is more than an apartment-it's a lifestyle defined by exclusivity, comfort, and connection to nature, all within walking distance to Adelaide's finest cultural, medical, and dining precincts. Enquire now to experience parkland living at its most refined. Call me on 0406 442 731 to book a viewing. RLA 285309

Features

3 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
201 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 402/278 South Terrace is $1.21m.

Median value
$1.21m
Estimated value range
$365k - $3.2m
Median days on market
35
Estimated value trend
29%
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 402/278 South Terrace

2025
Sold
$2,600,000
Private Sale/Treaty on 20 Aug 2025 by Eric Jem, of Belle Property Norwood

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 3 bedroom apartments in Adelaide

In the last 12 months, 66 three-bedroom apartments similar to 402/278 South Terrace, have been sold.

This represents a 24% increase in three-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 13 local sales and collected 4 local reviews across the last 12 months.

  •   5   (16 reviews)
  •  4 Reviews in Adelaide
  •  13 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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