Penny Place17 Penny Place, Adelaide SA 5000


Starting from $557,500


2 bedroom configurations


152 residences

Estimated completion

Sep 2021

Urban's three favourite things about Penny Place:

  • Spacious and thoughtfully designed apartments with seamless indoor to outdoor flow.
  • Uninterrupted city views and generous balcony sizes.
  • A chic design surrounded by everything quintessential Adelaide.

Designed by award winning architects, Woods Bagot and developed by the Flagship Group, Penny Place rises above the bustling laneways and streetscape of Adelaide's CBD.
The building will reach a height of 23 floors and consist of 152 extremely spacious and designer one and two bedroom apartments with generous sized balconies.

As well as extraordinary, panoramic views across Adelaide, every apartment offers a separate internal laundry, and an elegant full width balcony blending seamlessly off the living areas through stunning floor to ceiling, large double sliding glass doors. In the kitchens, flawless quality persists with Caesarstone kitchen bench top's, Bosch cook top and oven, Fisher & Paykel dishwasher and feature LED strip lighting in the kitchen.

These designer apartments are stylish and well considered with warm, spacious open living and floods of natural light beaming through floor-to-ceiling windows.

Located within walking distance of the Central Markets, cafe's, restaurants and bars, you'll find the true Adelaide experience right outside your front doorstep.
Penny Place is in the privileged location overlooking the vast expanse of the city and its green wedges with uninterrupted views in every direction. Speaking of greenery, find yourself within walking distance of three major green squares of the city.

Head down to Hurtle Square for a picnic under the trees and some solitude amidst the inner city or alternatively Whitmore Square to the West if you love park life but also want some leisure, take advantage of the basketball/ multi-purpose courts. Victoria Square is around the corner with access to Adelaide's tram line. Victoria Square brings you access to the best festivals the city has to offer and open air markets surrounded by city life and stunning water fountains. Penny Place is in the prime spot to make you feel welcome at home.

Builders Maxcon, who have been responsible for some incredible construction projects across Australia, will have the building completed by September 2021.

Development Information

Local Government Area:
Adelaide (City)
Project Status:
Under Construction
Listing Type:
Building Type:
Estimated Completion Date:
Sep 2021
Building Height:
71.55 Metres
Floor Count:
Number of Buildings:
Bike Spaces:
Car Spaces:
Number of Residences:

Meet the team behind Penny Place

What is a developer
A developer is a person or company that buys land, finances real estate deals and appoints a builder and architect to orchestrate their vision through masterplanning, design and construction.
What is an architect
An architect is instrumental in the vision, planning, design and construction supervision to which they provide a structure or space that serves the people.
What is a builder
A builder is a person or company that has been appointed to a development to oversee, coordinate, construct or repair properties. Builders can also be self directed.

Location of Penny Place

  • ProjectProjects
  • RestaurantRestaurants
  • CafeCafes
  • BarBars
  • SupermarketSupermarkets
  • SchoolSchools
  • GymGyms
  • ParkParks

Display suite location

By appointment only. Contact agent
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Nearby education

  • Tertiary
University of Adelaide
Adelaide SA 5005
0.2km away
Torrens University Australia
88 Wakefield Street
0.3km away
Flinders University
182 Victoria Square, Adelaide SA 5000
0.3km away
University of South Australia
101 Currie St, Adelaide SA 5001
0.7km away
Torrens University Australia
88 Wakefield Street, SA 5000
1km away

Construction photos

Check out the construction update photos our members have been uploading

News about Penny Place

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