Back 616/96 North Terrace
Off Market

616/96 North Terrace

Adelaide SA 5000

2
1
77 m²
Apartment
Last sold for $615,000
Toby ShipwayToby Shipway, last sold this property on 19 October 2026 after 105 days on market.

Overview

**SOLD BY TOBY SHIPWAY**

Premium City Lifestyle with Exceptional Investment Potential! Looking for a high-performing investment or a stylish city retreat? This spacious 2 bedroom apartment delivers both. Perfectly positioned in Adelaide's most sought-after location - just steps from Adelaide Oval, the River Torrens Precinct, and under 500 metres from the cutting-edge Medical and Research Precinct. A short walk will take you to all of Adelaide's Universities and TAFE, world-class restaurants, bars, and shopping at the iconic Central Market and Gouger Street. Schooling options are excellent with zoning for Sturt Street Community School, Adelaide High and Adelaide Botanic High School and an abundance of private schools nearby. Transport is also a breeze, with the tram, train station, and major bus stops right at your doorstep. Fully furnished with everything you could ask for, this apartment offers complete flexibility - move straight in and enjoy the vibrant city lifestyle, lease privately for short or long term returns, or take advantage of the hassle free rental management options for effortless income. Currently managed by the Oaks Hotels & Resorts as a serviced apartment/holiday rental - Contact Toby Shipway for further information. It gets even better! This property also meets the requirements for Stamp Duty Exemption (Subject to approval from Revenue SA). This is a potential saving of over $26,000! Perfectly positioned in the north-west corner of the renowned Embassy Apartments, the apartment boasts amazing views over the historic Trinity Church, the innovative Biomedical Precinct, the vibrant West End, North Terrace, and stunning sunsets over the ocean. Designed to maximise natural light, outlook, and lifestyle, the thoughtfully planned floor layout features spacious open plan living complimented with large picture windows & 2 north facing balconies. The generous main balcony, ideally located on the north-west corner, provides the perfect setting for entertaining while taking in the spectacular views. A second balcony in the north-east corner is great for a BBQ, both balconies with privacy louvers. The kitchen is well appointed with solid granite benchtops and stainless-steel appliances, complete with dishwasher, electric oven and gas cooktop. Adjacent is the European Style laundry tucked away behind bi-fold doors complete with a washing machine and dryer. Both bedrooms are great size with built in robes, with the main bedroom with panoramic outlook over North Terrace and the charming sandstone façade of the neighbouring Trinity Church. The bathroom is conveniently positioned for guests and central to the two bedrooms. Further features include ducted reverse cycle air-conditioning and excellent security with swipe card access, and 24-hour reception in the foyer. The Embassy is renowned for its exceptional management and ongoing upgrades, including designer renovated foyers by Polli Woods, new gym equipment, lift improvements and more enhancements underway. Residents enjoy excellent security with swipe card access, 24 hour reception and resort-style facilities including an indoor heated lap pool, sauna and gym. On the ground floor foyer you'll also find the Coffee Club, enjoy for your daily coffee, breakfast and lunch without even leaving the building. This is property offers an excellent opportunity to secure a premium investment or a dream city pad in a truly unbeatable location! All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. RLA 307896

Features

2 bedrooms
1 bathroom
77 m² floor area
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 616/96 North Terrace is $685.33k.

Median value
$685.33k
Estimated value range
$1k - $2.09m
Median days on market
34
Estimated value trend
12%
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 616/96 North Terrace

2026
Sold
$615,000
19 Oct 2026 by Toby Shipway, of Ray White Adelaide CBD

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, 239 two-bedroom apartments similar to 616/96 North Terrace, have been sold.

This represents a 25% increase in two-bedroom apartments sales when compared to the previous 12 months.

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