Back 59/9 East Terrace
Off Market

59/9 East Terrace

Adelaide SA 5000

2
1
1
Apartment
Marina OrmsbyMarina Ormsby, last sold this property on 18 June 2025 after 1 day on the market.

Overview

EAST END GEM WHERE LIFESTYLE MEETS INVESTMENT!

Welcome to an iconic address that truly delivers - perched high above the pulse of Adelaide's East End, this sun-drenched apartment captures the essence of modern city living. Just footsteps from Rundle Street's designer boutiques, award-winning restaurants, buzzing cafés, and art-house cinemas all wrapped by surrounding parklands. The current rental income is $520 per week, increasing to $550 per week from 28th August 2025 until the lease ends on 26th August 2026. It's an exceptional opportunity for savvy investors and forward-thinking buyers looking to lock in location, lifestyle and long-term value. Bathed in northern light and framed by elevated rooftop views stretching across to North Terrace, Lot 14 and the Botanic Gardens, every corner of this apartment feels effortlessly open and connected. The newly updated kitchen is stylish and functional, with sleek modern appliances, integrated fridge, and clean-lined cabinetry blending seamlessly into the open-plan living and dining zone. Step through sliding doors to the first of two balconies, your very own urban escape ideal for evening wines or lazy Sunday mornings. Both bedrooms feature built-in robes, while the sparkling central bathroom delivers contemporary luxury with a full-size bath, a rarity apartment living. The master bedroom is a retreat, bathed in light and offering its own private corner balcony. Enjoy peace of mind with secure intercom entry, dual lift access, a dedicated car park, and creature comforts including two split system air conditioners and a discreet Euro-style laundry. Whether you're stepping out for dinner, catching a film, strolling through the gardens or heading to work, everything is moments away. This is your chance to secure a premium slice of city living - where lifestyle meets investment, and every day feels a little extraordinary don't let this one pass you by! Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice. RLA247163

Features

2 bedrooms
1 bathroom
1 carspace
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 59/9 East 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 59/9 East Terrace

2025
Sold
Undisclosed
Private Sale/Treaty on 18 Jun 2025 by Marina Ormsby
2023
Rented
Undisclosed
Leased on 22 Aug 2023 by TOOP+TOOP

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, 281 two-bedroom apartments similar to 59/9 East 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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