SoldSep 22, 2026

1405/17 Penny Place, Adelaide, SA, 5000

Amount undisclosed

2
1
1
88 m²

Apartment

•

19 days on the market

Sold: Sep 22, 2026

What's around 1405/17 Penny Place

Golden CBD Opportunity: Unrivalled Urban Living & High-Yield Investment

Perched on the 14th floor of the highly sought-after Penny Place Apartments, this sophisticated 2-bedroom, 1-bathroom residence offers an exceptional opportunity for owner-occupiers and savvy investors to secure a slice of Adelaide's vibrant CBD. Designed by internationally acclaimed architects Woods Bagot and developed by Flagship Group, this premium apartment flawlessly blends high-end contemporary design with urban convenience. The meticulously crafted 88m² layout maximises space and natural light, flowing seamlessly into an expansive balcony that captures breathtaking, panoramic city and coastline views. Positioned in a bustling economic hub with zero heritage, flood, or bushfire overlays, this property represents a high-yield asset with outstanding capital appreciation potential. Whether you seek a luxurious, lock-and-leave city base or a high-demand rental, this residence delivers an unparalleled metropolitan lifestyle. Features: -Two well-proportioned bedrooms with built-in robes -Approx. 88sqm floor area -Generous full-width balcony with elevated city and coastline views -Contemporary kitchen with Caesarstone benchtops and glass splashbacks -Bosch gas cooktop and oven -Fisher & Paykel two-drawer dishwasher -Split-system air conditioning -One dedicated secure car space -Resident common areas including meeting room and kitchen Locality: -6 mins drive to Rundle Mall -3 mins drive to Adelaide Central Market & Chinatown -6 mins drive to University Hub -2 mins drive to Victoria Square / Tarntanyangga School Zone: -Gilles Street Primary School -St Aloysius College -Adelaide High School -Adelaide Botanic High School Specifications: -CT: 6252/594 -Build year:2021 -Council: City of Adelaide -Council Rates: $621.20/q -ESL: $135.5/a -Water Fixed Rates: $191.85/q -GAS Service Charge: 105.24/q -Strata Rates: Admin Fund $982.21/q, Sinking Fund $193.75/q Call Frank on 0450 216 898 or Dylan at 0451757898 for more information, recent sold reports are available on request, or meet you on-site over the weekends. Disclaimer - 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 enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at Kaide Real Estate office - Office 7, 9-15 Field St for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts RLA 285210

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