2304/17 Penny Place, Adelaide, SA 5000

$760,000

Apartment
Type
2
Bedrooms
1
Bathrooms
2
Parkings

Last updated on Tuesday, July 21, 2026 ( See property details for 2304/17 Penny Place, Adelaide, SA 5000)

$760,000

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

A luxurious 23rd-floor CBD apartment offering breathtaking views, modern finishes, and two secure car parks in Adelaide's premier development.

🏡 Property Highlights

  • Spectacular panoramic views from the 23rd floor over Adelaide city, parklands, and Mt Lofty Ranges
  • Award-winning Penny Place development designed by renowned architects Woods Bagot
  • Two secure allocated car parks, a rare and highly sought-after feature in CBD apartments
  • Contemporary luxury finishes with open-plan living and premium kitchen amenities
  • Prime CBD location within walking distance to Adelaide Central Market, dining, entertainment, and transport
  • Fully furnished option available for immediate rental or move-in

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Balcony
  • Air Conditioning
  • Dishwasher
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Garage / Secure Parking
  • European Laundry

Penny Place is situated in the heart of Adelaide's vibrant CBD, offering unparalleled access to the city's finest attractions. Residents enjoy proximity to the Adelaide Central Market, renowned restaurants, cafes, and entertainment venues such as Adelaide Oval and Festival Theatre. The location provides excellent connectivity via tram, train, and bus services, making commuting effortless. The area boasts a lively urban atmosphere combined with scenic parklands and stunning views of the Adelaide Hills, making it ideal for both lifestyle and investment. With award-winning architecture and premium amenities, Penny Place stands out as one of Adelaide’s most desirable residential addresses.

What are the views like from this apartment?
The apartment offers breathtaking panoramic views of the Adelaide city skyline, parklands, and the Mt Lofty Ranges, visible from the balconies and bedrooms.
Is the apartment furnished?
Yes, there is an option to purchase the apartment fully furnished, providing immediate rental appeal and convenience.
What amenities are included in the development?
The development features secure building access, award-winning architectural design, and premium finishes throughout.
How close is the apartment to public transport?
The apartment offers convenient access to tram, train, and bus services, making commuting around Adelaide effortless.
Are there any additional costs associated with the property?
Approximate quarterly costs include strata fees of $831.43, council rates of $584.35, and water charges, with details available upon enquiry.
Are there any upcoming or planned developments or construction projects nearby that could affect the view or noise levels? What are the specific strata by-laws and any restrictions related to the property? Are there any easements, zoning restrictions, or land use considerations affecting the apartment? Has the property been inspected for any structural or maintenance issues since completion in 2021? What are the long-term maintenance and sinking fund contributions, and are there any anticipated increases? Is there any history of flooding or bushfire risk in the area that could impact the property? Are there any planned upgrades or renovations scheduled for the Penny Place development? What are the terms of the lease or ownership if purchasing as an investment, including rental restrictions? Are there any additional costs or fees not included in the strata or council rates? Is the property compliant with all building codes and regulations, including fire safety standards?

2304/17 Penny Place, Adelaide, SA 5000 - More Details

$760,000

Welcome to Apartment 2304, 17 Penny Place, Adelaide - a sophisticated sky-home positioned on the 23rd floor of the award-winning Penny Place development, designed by renowned architects Woods Bagot.

Completed in 2021, this stunning residence delivers an exceptional lifestyle in the heart of Adelaide's vibrant CBD, combining contemporary luxury, breathtaking views and unrivalled convenience.

From sunrise over the Adelaide Hills to sparkling city lights at night, the panoramic outlook stretches across the city skyline, picturesque parklands and the majestic Mt Lofty Ranges, creating a truly spectacular backdrop to everyday living.

Step outside your door and embrace Adelaide's finest lifestyle attractions. Enjoy your morning coffee at the Adelaide Central Market, stroll through the surrounding parklands, explore Gouger Street's renowned dining precinct, or catch world-class entertainment at Adelaide Oval, the Festival Theatre, Fringe Festival or nearby laneway bars.

Inside, the thoughtfully designed floorplan offers generous open-plan living and premium finishes throughout. The stylish entertainer's kitchen features Caesarstone benchtops, Bosch gas cooktop and oven, dishwasher and excellent storage solutions, making it perfect for everyday living and entertaining alike.

The spacious open-plan living and dining area seamlessly connects to a private balcony where you can relax, entertain guests and take in the spectacular city atmosphere from above.

Accommodation comprises two generously sized bedrooms, both featuring built-in robes, split-system air conditioning and direct balcony access, allowing you to wake up to stunning views every day. The luxurious bathroom showcases stylish matte black fixtures, a rainfall shower, wall-length mirrored vanity and contemporary designer finishes, while a convenient European laundry adds everyday practicality.

A truly rare offering in Adelaide's CBD, Apartment 2304 comes complete with two secure allocated car parks - a highly sought-after feature that is seldom available in city apartments. Whether you have multiple vehicles, require additional storage flexibility, or simply appreciate the convenience and investment value of secure parking, this exceptional inclusion sets the property apart from many comparable CBD residences. Opportunities to secure a premium high-rise apartment with two dedicated car spaces are increasingly rare, making this an outstanding lifestyle and investment opportunity.

Investors will also appreciate the option to purchase the apartment fully furnished, offering immediate rental appeal and flexibility.

Having already won awards for residential architecture, Penny Place provides an upmarket, stylish feel in one of Adelaide's most sought-after CBD locations.

Features You'll Love
• Positioned on the 23rd floor with spectacular city, parkland and Adelaide Hills views
• Award-winning Woods Bagot designed development
• Built in 2021
• Two spacious bedrooms with built-in robes
• Split-system air conditioning to both bedrooms
• Open-plan living and dining area with air conditioning
• Two private balconies
• Stylish designer bathroom with rainfall shower
• European laundry
• Premium kitchen with Caesarstone benchtops
• Bosch gas cooktop and oven
• Dishwasher and ample storage
• LED downlights throughout
• Tiled kitchen and hallway
• Secure building access
• Two secure allocated car parks - a rare CBD offering
• Walking distance to Adelaide Central Market, restaurants, cafes, bars and entertainment precincts
• Convenient access to tram, train and bus services

Apartments within Penny Place are always in demand; however, opportunities to secure a premium 23rd-floor residence with panoramic views and two secure car parks are exceptionally rare, making this a standout offering for both owner-occupiers and investors.

Whether you're seeking a luxurious city residence, an executive lock-and-leave lifestyle, or a blue-chip investment, Apartment 2304 offers an exceptional combination of location, lifestyle and contemporary sophistication in one of Adelaide's premier residential developments.

Property Information
• Council Rates: $584.35 per quarter (approx.)
• Strata Fees: $918.30 per quarter (approx.)
• Sinking Fund: $198.32 per quarter (approx.)
• SA Water Supply Charge: $82.30 per quarter (approx.)
• SA Water Sewerage Charge: $93.30 per quarter (approx.)
• Emergency Services Levy: $183.68 per annum (approx.)
• Year Built: 2021

A rare opportunity to secure a premium CBD apartment with breathtaking views, award-winning design and the highly sought-after bonus of two secure allocated car parks.

*Disclaimer: Raine & Horne Unley try their absolute best to obtain correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should seek independent legal advice if they wish to proceed. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
2

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