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1601 & 1701/96 North Terrace

Adelaide, SA 5000, Australia
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3 bed 3 bath 4 car317 m²

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About this property

Step into one of Adelaide's most unique and exclusive Penthouse Apartments, set across two stunning levels in the heart of the city. Occupying over 300 square metres of living space, this double storey residence offers the ultimate in sophisticated urban living. Boasting 3 spacious bedrooms, 3 elegantly appointed bathrooms, 2 kitchens, multiple indoor and outdoor living zones, 4 car parks and a huge private storage unit, this rare opportunity redefines luxury in one of Australia's most liveable cities. The apartment offers exceptional versatility and space. Two kitchens and two living areas make it ideal for entertaining, multi-generational living, or flexible Airbnb use. Every detail has been considered, from the soaring ceilings and full-height windows to the huge private terrace complete with automated blinds and panoramic views. Facing north, the penthouse captures uninterrupted vistas over the River Torrens, Adelaide Oval, the stunning architectural buildings on North Terrace and North Adelaide and of course the stunning sunsets over the sparkling ocean. Access your new home via level 16, stepping directly into a wide-open living space. You will find no wasted corridors here, ensuring every square foot is utilised efficiently. Enjoy an abundance of natural light throughout, thanks to expansive floor-to-ceiling glazing which flow through to the full width balcony. The downstairs kitchen is beautifully equipped with Caesar Stone benchtops, 900mm Smeg oven and cooktop, ample cupboard space, walk in pantry and a generous European Style laundry discreetly tucked away maintaining the sleek and aesthetic design. For convenient family living and effortless guest entertaining, a third bathroom is conveniently located downstairs. The two downstairs bedrooms are cleverly positioned to each side of the living, bedroom 2 with Built in Robe and frosted glass for natural light, the master bedroom with Walk in Robe, direct access to the balcony and a spacious ensuite with marble floors, dual stone vanities, separate shower and spa bath. Make your way upstairs to level 17 (top floor) via the lockable internal staircase or take a couple of steps to the shared lift. This expansive space offers incredible versatility as an absolute mecca for entertaining or as a fully functional second guest suite. You'll find a spacious living area adjacent the well-equipped kitchen with stone bench tops, stainless steel Smeg appliances, custom storage and pantry. There's also a third bedroom of excellent size, featuring a built-in robe and a sparkling two-way ensuite with quality finishes. Step outside to the huge private pavillion of nearly 60 square metres, an absolute one-of-a-kind, there is just nothing else like it! Architecturally designed with soaring vaulted ceilings captivating the stunning vistas of the skyline with amazing sunsets, daily lightshows of Adelaide Oval and the captivating and majestic St Peter's Cathedral. Such an amazing space to watch the world go by with a GnT, enjoy alfresco dining, or listen live to the sporting and entertainment events at Adelaide Oval. Come New Year's Eve, there's no better place to celebrate, with front-row views of the fireworks launchpad and an atmosphere that's hard to beat. The hardwood deck sits immersed in your own private garden with protection from the elements with a high toughened glass screen and full height remote controlled blinds. Step outside the terrace to the full width balcony to really take in the views and appreciation for penthouse living. Located on prestigious North Terrace, this penthouse sits in Adelaide's cultural and entertainment core. With the Convention Centre, Adelaide Oval, and Festival Theatre just across the road, and the Art Gallery of South AustraliaRundle Mall, museums, Parliament House, and Botanic Park all within walking distance, you are truly at the centre of it all. The Royal Adelaide Hospital, SAHMRI and both major universities are only minutes away with secondary education zoning for Adelaide High School and Adelaide Botanic High School making this an ideal residence for professionals, families, academics, and investors alike. Transport is seamless, with the tram running right past your front door, linking you to Glenelg Beach, the Entertainment Centre, and beyond. You'll also find trains, buses, e-scooters and cycling paths easily accessible, including the beautiful Torrens Linear Park trail which runs all the way to Henley Beach. Further standout features include NBN Fibre to the Building (FTTB), premium resort-style amenities with a heated lap pool, steam room, and gym on Level 4. On the ground floor, you'll find excellent security with 24-hour reception, along with daily breakfast and lunch served at The Coffee Club. Offering not just a home, but an exceptional investment, this penthouse has a strong short-stay rental history. With the ability to lease each level separately or the whole apartment. Contact Toby Shipway for further details regarding the previous and potential Airbnb earnings and a rental appraisal. 1601/1701The Embassy is a true standout-one of only a few penthouses of this calibre in Adelaide. With views, location, scale, and design all on offer, this is a once-in-a-generation opportunity to own a property that makes a statement and delivers on lifestyle and long-term value. This property is ideal for those who value prestige, flexibility, and unrivalled convenience. It's perfectly suited for a diverse range of discerning individuals, including doctors/surgeons, executives, entertainers, creatives, interstate and international buyers alike. 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.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
3
Parking
4
Land Area
317 m²
Listed
3 months ago

Repayment calculator

$2,957/month
$1,479 /fortnight
Loan $488,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$122,000
Stamp duty$27,380
Conveyancing (est.)$2,000
Total upfront$151,380
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Adelaide

This 3-bedroom apartment in Adelaide, SA 5000 sits within reach of public transport, local shops and nearby schools.

Schools near Adelaide

  • Christian Brothers College - Junior Campuscombined
  • Christian Brothers College - Senior Campuscombined · R-12 · Boys
  • Pulteney Grammar Schoolcombined · R-12 · CoEd
  • St Aloysius Collegecombined · R-12 · Girls
  • St Mary's Collegecombined · R-12 · Girls
  • Gilles Street Primary Schoolprimary · U, R-6 · CoEd

What's nearby

  • Adelaide Railway Station 1 (train)84 m away
  • CoCo Fresh Tea & Juice854 m away
  • Unnamed258 m away
  • Unnamed279 m away
  • Light Square301 m away

Adelaide at a glance

Full suburb profile
Population
18,202
Median age
31
Household income
$1,365/wk
Median rent
$400/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Adelaide price trend

Median sold · Unit 3 bed

Compound growth +15.0% / yr over 4 yrs

$1.30mcurrent median

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