About this property
48/9 East Terrace is a 2‑bedroom, 1‑bathroom apartment on the fifth floor of the Adelaide Botanic Apartments complex in the Adelaide city centre. The unit offers a private, covered balcony with city and parkland views, a garage parking space, and optional full furnishings. The building, completed in 1999, features secure keypad entry, lifts and a high‑security environment.
The property sold for $450,000 in March 2018. Estimated market value published in 2026 estimate a current market value of around $590,000 and a weekly rental income of $610, giving a gross yield of roughly 5.3 %. The complex comprises 88 apartments along with a townhouse and five houses, with an owner‑occupier mix of 55 % owner‑occupied and 45 % rented
Also written as Unit 48, 9 East Terrace.