203/83 South Terrace, Adelaide, SA 5000

$620k - $650k

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Thursday, July 09, 2026 ( See property details for 203/83 South Terrace, Adelaide, SA 5000)

$620k - $650k

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

A modern, city-edge two-bedroom apartment with parkland views, private balcony, and secure parking, ideal for investors or owner-occupiers seeking a vibrant Adelaide lifestyle.

🏡 Property Highlights

  • Overlooks the southern parklands with treetop views from the edge of Adelaide's CBD
  • Modern two-bedroom apartment with a private balcony for outdoor living
  • Currently leased at $720 per week until February 2027, offering immediate investment income
  • Secure car accommodation within the building for added convenience
  • Open-plan living and dining area filled with natural light
  • Prime location with easy access to Veale Gardens, Himeji Garden, and city amenities

✨ Key Features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Security Screens / Gates
  • Split-System Air Conditioning
  • Waterfront / Views
  • Ceiling Fans
  • Internal Laundry
  • Pet-Friendly

South Terrace offers a vibrant city lifestyle with immediate access to Adelaide's lush parklands, gardens, and cultural attractions. The area boasts excellent public transport links, including tram stops, connecting residents to Glenelg, North Adelaide, and the CBD. Its proximity to Festival Plaza and the Central Market makes it ideal for shopping, dining, and entertainment. The neighbourhood combines natural beauty with urban convenience, perfect for both lifestyle and investment. The community is lively, with a mix of residents enjoying the green spaces and city amenities nearby.

What are the main lifestyle benefits of living in this apartment?
This apartment offers a vibrant city-edge lifestyle with direct access to Adelaide's beautiful parklands, gardens, and cultural attractions, along with modern amenities and natural light-filled living spaces.
Is the apartment suitable for remote work or studying?
Yes, the second bedroom can serve as a guest room, study, or work-from-home space, providing flexibility for residents.
What are the key features that make this apartment appealing to investors?
The property is currently leased at $720 per week until 2027, has secure parking, and is located in a highly desirable area with strong rental demand and city views.
Does the apartment have modern appliances and finishes?
Yes, it features a smart monochrome kitchen with dishwasher, integrated microwave, and contemporary bathroom finishes.
What amenities are nearby?
Nearby amenities include Veale Gardens, Himeji Garden, Festival Plaza, the Central Market, tram stops, and easy access to the coast and other city attractions.
Are there any upcoming planned developments or construction projects in the vicinity that could affect the property’s value or living environment? What are the strata or community management fees, and what do they cover? Are there any restrictions or easements on the property that could impact future renovations or use? Has the property been inspected for any structural issues or defects? Are there any known flood or bushfire risks in this area? What are the long-term plans for the surrounding parklands and public spaces? Are there any additional costs or levies not included in the current rates and fees? Is the property compliant with all local building codes and regulations? Are there any noise or nuisance issues from nearby roads or facilities? What is the history of the property’s maintenance and any recent renovations?

203/83 South Terrace, Adelaide, SA 5000 - More Details

$620k - $650k

Offers Close Tue, 28th Jul - 12pm (USP)

Overlooking the southern parklands from the edge of Adelaide's CBD, this two-bedroom apartment brings a rare sense of green space to city living, pairing a crisp modern interior with treetop views, a private balcony, secure car accommodation and a floorplan that makes smart, light-filled use of its 74sqm footprint.

Currently tenanted at $720 per week until 25 February 2027, it stands as a strong investment from day one, with the option to hold long term, explore future short-stay potential or move in at lease end and enjoy a city-edge base above the natural beauty of Veale Gardens.

Open the Door to:

• A bright, modern apartment positioned above South Terrace with direct outlooks across the southern parklands.
• Two bedrooms, including a main bedroom with built-in robe, broad window and leafy parklands views.
• A second bedroom that works neatly as guest accommodation, a study, nursery or work-from-home base.
• Open-plan living and dining that draws natural light through the apartment and connects directly to the balcony.
• A private balcony made for morning coffee, evening air and uninterrupted views over the treetops.
• A smart monochrome kitchen with glossy upper cabinetry, white lower storage, dishwasher, electric cooking, integrated microwave space and glass-block window detail.
• A fresh bathroom with walk-in shower, mirrored storage, wall-hung vanity, charcoal feature tiling and a clean contemporary finish.
• Split-system air conditioning, recessed lighting, timber-look flooring to the living areas and carpeted bedrooms.
• Secure car accommodation within the building, adding everyday ease and stronger rental appeal.
• Currently leased at $720 per week until 25 February 2027, giving investors immediate holding income and future flexibility.

Step outside and the city gives you its softer side first, with Veale Gardens, Himeji Garden and the southern Parklands directly across the road, while tram stops put Glenelg, the CBD, Festival Plaza, the Central Market and North Adelaide within easy reach. From here, mornings can start in the parklands, nights can finish in the city, and the coast remains one easy tram ride away.

CT - 6147/352
Council - Adelaide
Zoning - Capital City
Year Built - 2014
Total Built Area - 74m² approx.
Council Rates - $1,842.45 per year
SA Water Rates - $767.40 per year
Emergency Services Levy - $121.25 per year
Community Admin Fund - $841.68 per quarter
Community Sinking Fund - $546.00 per quarter

All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice. Ouwens Casserly Real Estate Pty Ltd partners with third party providers including Realestate.com.au (REA) and Before You Buy Australia Pty Ltd (BYB). If you elect to use the BYB website and service, you are dealing directly with BYB. Ouwens Casserly Real Estate Pty Ltd does not receive any financial benefit from BYB in respect of the service provided. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions in respect of the service provided by BYB. Interested potential purchasers should make their own enquiries as they see fit.

RLA 275403
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
House Size
71 m²

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