1405/17 Penny Place, Adelaide, SA 5000

$689k - $729k

Apartment
Type
2
Bedrooms
1
Bathrooms
2
Parkings

Published on Thursday, September 03, 2026 ( See property details for 1405/17 Penny Place, Adelaide, SA 5000)

$689k - $729k

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A contemporary 2-bedroom apartment on the 14th floor offering stunning city and coastline views in Adelaide's vibrant CBD, with premium finishes and secure living amenities.

🏡 Property Highlights

  • Situated on the 14th floor with panoramic city and coastline views
  • Modern 2-bedroom, 1-bathroom apartment in Adelaide's CBD
  • Designed by renowned architects Woods Bagot with high-end finishes
  • Expansive balcony perfect for entertaining and urban outlooks
  • Prime location close to Rundle Mall, University campuses, and public transport
  • Secure building with intercom, FOB access, and dedicated parking

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Air Conditioning
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Garage / Secure Parking
  • Floorboards
  • Dishwasher
  • Water tank
  • High energy efficiency

Penny Place Apartments offers an exceptional urban lifestyle in Adelaide's thriving CBD, with easy access to premier shopping, dining, and educational institutions. The area boasts excellent public transport links, vibrant cultural attractions, and strong capital growth potential. Residents enjoy proximity to iconic landmarks like Rundle Mall and Victoria Square, making it ideal for professionals and investors alike.

What are the main lifestyle benefits of living in this apartment?
This apartment offers a vibrant city lifestyle with stunning panoramic views, modern amenities, and easy access to Adelaide's top retail, dining, and educational precincts.
Does the apartment have outdoor living space?
Yes, the apartment features a spacious full-width balcony ideal for entertaining and enjoying urban vistas.
What security features are included?
The building is equipped with intercom access, FOB entry, and secure parking for residents' safety and peace of mind.
Is the apartment suitable for investment purposes?
Absolutely, its prime location, high-quality finishes, and strong rental demand make it an excellent high-yield investment opportunity.
What are the nearby amenities and transport options?
The property is close to Rundle Mall, University campuses, Victoria Square, and public transport hubs, ensuring convenient city access.
Are there any upcoming strata or building maintenance fees not disclosed? Has the property been inspected for any structural or pest issues? Are there any restrictions or easements affecting the property? Is the property compliant with all building codes and regulations? Are there any planned developments or construction projects nearby that could impact the view or noise levels? What are the total annual strata and council rates, and are there any additional levies? Is the property located in a flood or bushfire-prone area despite current overlays? Are there any restrictions on renovations or modifications to the apartment? What is the history of the property's ownership and any previous issues? Are there any ongoing disputes within the strata or building management?

1405/17 Penny Place, Adelaide, SA 5000 - More Details

$689k - $729k

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


• Specifications

--CT: 6252/594
--Build year:2021
--Council: City of Adelaide
--Council Rates: $621.20/q
--Water Rates: TBA
--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
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
2
House Size
88 m²

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