Back Level 7, 15/196 North Terrace
Off Market

Level 7, 15/196 North Terrace

Adelaide SA 5000

2
2
Apartment
Last sold for $1,020,000
Ken BruceKen Bruce, last sold this property on 11 July 2025 after 56 days on market.

Overview

Penthouse perfection above the City A New York-inspired masterpiece on North Terrace

Expressions of Interest | Tuesday 10th June at 12pm (unless sold prior). Welcome to 15/196 North Terrace, a rare and remarkable penthouse soaring above the cultural heart of Adelaide. Perched atop the historic Tobin House, this awe-inspiring residence blends sophisticated warehouse style with luxury living - all set against the stunning backdrop of Torrens Parade Grounds, Adelaide Oval, and Government House. This top-floor sanctuary delivers a front-row seat to the city's energy, yet remains your private retreat. Step outside and you're mere metres from Rundle Mall, top-tier universities, and major transport links - an unmatched fusion of lifestyle and convenience. 2 Bedrooms | 2 Bathrooms | 2 Balconies | Open Fireplace Key features that set this property apart: - Expansive open-plan design framed by floor-to-ceiling windows, flooding the space with natural light and spectacular city-to-hills vistas. - Chef's dream kitchen boasting luxe wrapped stainless steel benchtops, Miele appliances, built-in coffee machine, glass cooktop and under-bench oven. - Private garden balcony with a water feature a tranquil outdoor escape made for entertaining or unwinding under the stars. - Dual living zones on the lower level, complete with soaring ceilings and a stylish powder room. - Architectural timber and glass staircase leads to a breathtaking master suite, where electric blinds reveal glittering skyline views. - Sumptuous main bedroom includes a custom walk-in robe, integrated drawers and a lavish marble-tiled ensuite with full-size bath. - Second balcony + built-in study nook featuring a Caesarstone desk - perfect for remote work or creative flow. - Exclusive access only two residences on the 7th floor, serviced by secure lift and intercom. - Historic character with a rare walk-in safe in the original basement - a nod to the building's past. - No parking = more value: Save thousands with the freedom to lease parking nearby as needed. - Premium finishes throughout: electric blinds, dual A/C systems, polished hardwood floors and a working central fireplace. Whether you're a discerning professional, a city-loving student, or a savvy investor, this property offers unparalleled lifestyle and value. A true penthouse that lets the light pour in from above, it's not just a place to live - it's a place to thrive. Enquire now to experience the magic of 15/196 North Terrace your sky-high slice of Manhattan, right in the heart of Adelaide. Council Rates | $873 pq SA Water | $217 pq ESL | $TBA pa STRATA $2681 pq Year Built | 1900 Are you thinking of purchasing this property as an investment? Speak with our Property Management team on how we can assist you. All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.

Features

2 bedrooms
2 bathrooms
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 Level 7, 15/196 North 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 Level 7, 15/196 North Terrace

2025
Sold
$1,020,000
Private Sale/Treaty on 11 Jul 2025 by Ken Bruce, of Fox Real Estate

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 2 bedroom apartments in Adelaide

In the last 12 months, 281 two-bedroom apartments similar to Level 7, 15/196 North Terrace, have been sold.

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

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