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Back 603/17 Penny Place
Off Market

603/17 Penny Place

Adelaide SA 5000

2
2
1
Apartment
Last sold for $705,000
John EglezosJohn Eglezos, last sold this property on 21 September 2025 after 13 days on market.

Overview

LUXURY URBAN APARTMENT IN PRIME CBD LOCATION!

Wake up to views of Adelaide's sweeping hills from the heart of the city centre in the highly desirable Penny Place complex where you'll find this luxe two bedroom, sixth floor apartment. Stylishly appointed and less than four years old, 2.7m high ceilings make a grand first impression as you enter into the LED down-lit open plan ensemble, with large floor to ceiling, weather proof doors leading to the first of two private balconies framing unmatched East facing views. Here, the kitchen and living rooms seamlessly merge with tiles underfoot and statement timber feature walls, plus ample cabinetry in the kitchen reaching to the ceiling, Caesarstone benchtops and top of the range integrated appliances. The master bedroom is generously sized with plush carpeted flooring, built-in wardrobes, split system A/C, an ensuite bathroom and access to a private balcony. The second bedroom boasts all the same luxuries, with access to the shared balcony and adjacent main bathroom which is almost fully tiled with a spacious shower and rain shower head from the ceiling above. With private fob only entry and an allocated onsite parking space, enjoy the conveniences and security features that come with living in a luxurious CBD complex like this one. Additionally, both the Adelaide Central Markets and tram line are within easy walking distance. Living in Adelaide's heart means culinary delights, shopping and educational facilities are all within arms reach, but residing on the sixth floor means still having peace, quite and respite away from the hustle and bustle. Additional Features: • Intercom system for visitors / guest access • Elevator and staircase access • Floor to ceiling sheers and black out curtains in the living room + split system A/C • LED lighting under the kitchen cabinetry + glass splashback • Speaker system throughout • European style laundry facilities next to the bathroom • Study nook / vanity upon entry • Walking distance to UniSA, University of Adelaide, TAFE SA • Nearby schools include: Adelaide High School, St Aloysius College, Gilles Street Primary School, Pulteney Grammar School, Christian Brothers College, Sturt Street Community School, Muirden Senior College, Eynesbury Senior College Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage 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 603/17 Penny Place 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 603/17 Penny Place

2025
Sold
$705,000
21 Sep 2025 by John Eglezos, of Ray White Prospect
2023
Sold
$678,000
29 Oct 2023 by Justin LI, of LJ Hooker Adelaide Metro

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, 280 two-bedroom apartments similar to 603/17 Penny Place, have been sold.

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

Nearby agents

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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.

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Arnold Guan

Arnold Guan is a recommended agent for Adelaide.  They have 23 local sales and collected 7 local reviews across the last 12 months.

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Cynthia Sajkunovic

Cynthia Sajkunovic is a recommended agent for Adelaide.  They have 11 local sales and collected 4 local reviews across the last 12 months.

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Rhys Digance

Rhys Digance is an award winning recommended agent for Adelaide.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (436 reviews)
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  •  4 Sales in Adelaide
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