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
Premium Kitchen: Open-plan gourmet kitchen featuring Caesarstone benchtops, glass splashbacks, a Bosch gas cooktop and oven, and a Fisher & Paykel two-drawer dishwasher.
Architectural Excellence: Enjoy a meticulously planned layout with LED downlights, split-system air conditioning, low-maintenance tiled living areas, and cozy carpeted bedrooms.
Indoor-Outdoor Flow: The spacious living area extends to a private, full-width balcony, perfect for entertaining while taking in expansive urban sights from the 14th level.
Smart Storage & Utilities: Includes built-in robes, a European-style laundry, and a fully appointed modern bathroom with ample recessed storage.
Secure Living: Highly secure building equipped with an intercom system, FOB access, one dedicated car space, and exclusive ground-floor common areas, including a meeting room and kitchen.
• Locality
Experience ultimate lifestyle convenience in a prime location, with Adelaide’s most famous landmarks and economic hubs just a short drive away, ensuring exceptional capital growth:
–6 mins drive to Rundle Mall: Adelaide’s premier retail and entertainment precinct, offering world-class shopping and dining just moments away.
–3 mins drive to Adelaide Central Market & Chinatown: A vibrant epicentre for gourmet food, fresh produce, and multicultural dining.
–6 mins drive to University Hub: Exceptional proximity to the University of Adelaide and the University of South Australia (UniSA), guaranteeing strong, consistent rental demand.
–2 mins drive to Victoria Square / Tarntanyangga: The city’s premier central public square and transport hub, located right in the neighbourhood for effortless daily commuting.
• School Zone
Premium Education Resources (School Zone) Benefit from elite educational pathways from early learning through to senior secondary. This highly desirable dual-zoning is a proven driver of continuous property value growth.
–Primary School
2 mins drive to Gilles Street Primary School 0.47km
1 mins drive to St Aloysius College 0.29km
2 mins drive to Pulteney Grammar School 0.48km
–Secondary School
4 mins drive to Adelaide High School 1.48km
5 mins drive to Adelaide Botanic High School 1.60km
3 mins drive to Christian Brothers College (CBC) 0.74km
8 mins drive to Top-Tier Elite Private Schools 3-5km
Call Frank on 0450 216 898 or Dylana 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
Location
Agent
Frank Zhao
Director / Property ConsultantM. 0450216898
