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502/17 Penny Place, AdelaidePrice Withheld
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502/17 Penny Place

Adelaide, SA 5000, Australia
Price Withheld
2 bed 2 bath 1 car

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About this property

Proudly sitting in the sought-after Penny Place complex, this majestic two-bedroom apartment incorporates thoughtful design and a commitment to high-end fixtures and fittings. If stylish living, combined with an enviably convenient location, are what you're after, this contemporary gem is a solid investment choice. Designed by Woods Bagot and developed by the team who delivered Kodo, Flagship Group, Penny Place is the ideal development for owner-occupiers and savvy investors. What we love about this apartment: * Light-filled open-plan living and dining area, seamlessly connecting to the outdoors * Impressive full-width balcony/terrace perfect for entertaining or relaxing * Modern kitchen with island bench, quality appliances, and ample storage * Two generously sized bedrooms, both with built-in wardrobes * Master bedroom with private ensuite for added comfort and convenience * Second bedroom positioned for privacy ideal for guests, kids, or a home office * Well-appointed central bathroom with contemporary finishes * Clever layout offering excellent separation between living and sleeping zones * Dedicated internal laundry for everyday practicality * Abundant natural light throughout the apartment * Secure building in a desirable location Other features: - Solar panels - LED downlights - Bedrooms with carpeting for extra coziness, and living areas with tiled floors - Air conditioning in the living area and bedrooms - Secure intercom system and FOB access - Walk to Adelaide University and the University of South Australia - Zoned Adelaide High School and Adelaide Botanic High School Lifestyle Highlights: - Perfect for first-home buyers, downsizers, or investors - Designed for low-maintenance, modern living - Exceptional indoor-outdoor flow enhances everyday living This apartment represents the ultimate in CBD living. Stylish, contemporary and perfectly connected to the best of Adelaide city life, while offering peace and privacy high above the bustling streets. Whether as a sophisticated city base or a savvy investment, this property is not to be missed. 502INFORMATION: COUNCIL RATE$578.55/quarter (approx) STRATA FEE: $950.63/quarter (approx) SA WATER SUPPLY: $82.3/quarter (approx) SA WATER SEWERAGE:$101.78/quarter (approx) Year Built: 2021 RLA: 272 867 *Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal advice.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Listed
1 month ago

Repayment calculator

$3,820/month
$1,910 /fortnight
Loan $630,400 at 6.10% over 30 years

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

Upfront costs

Deposit$157,600
Stamp duty$37,170
Conveyancing (est.)$2,000
Total upfront$196,770
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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 2-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

  • Stop VS3 Victoria Square - East side (bus)120 m away
  • A Happiness Vender36 m away
  • Unnamed151 m away
  • Unnamed215 m away
  • Gawler Place Courtyard330 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

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Adelaide price trend

Median sold · Unit 2 bed

Compound growth +8.6% / yr over 4 yrs

$690kcurrent median

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