172-174 Pulteney Street, Adelaide, SA 5000 sold on 31 March 2025 | OnTheHouse
 
SOLD
Sold on 31 Mar 2025 for $3,700,000

172-174 Pulteney Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 382m2
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Sold By
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Raine & Horne Commercial and Business RLA 283100
This property is currently on the market
LANDMARK BUILDING - QUALITTY LEASED INVESTMENT OPPORTUNITY RECENT MAJOR REFURBISHMENT - EXCEPTIONAL FITOUT
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Property Details for 172-174 Pulteney St, Adelaide

Building Type
Commercial
Year Built
1900
Land Size
382m2
Local Government
Adelaide
Lot/Plan
A11/D22431

Last Listing description (April 2025)

LANDMARK BUILDING - QUALITTY LEASED INVESTMENT OPPORTUNITY
RECENT MAJOR REFURBISHMENT - EXCEPTIONAL FITOUT
4 LEVELS - BASEMENT, GROUND FLOOR, FIRST FLOOR, ROOFTOP DECK

CURRENT PASSING ANNUAL RENTAL $223,805.92 PA EX GST

Raine & Horne Commercial SA are delighted to present this highly visible unique CBD property.

Stand Alone Office/Consulting Building
• Outstanding city views from rooftop deck overlooking Pulteney Street

Character design over 4 levels with lift access, air conditioning, security, loads of natural light with open plan floor plates over each level. Excellent amenities and quality finishes over each level, 172-174 Pulteney Street is the fantastic investment opportunity.

Key Features
• - Net Lettable Area of 846 sqm approx.
• - Amenities include kitchen, and toilets for each tenancy (with shower)
• - Lift Access to all floors
• - Fully Air Conditioned
• - High Visibility Site
• -Strong Lease covenants
• -Proposed pergola to rooftop tent (refer drawing)
*All areas/dimensions approximate

RLA 283100

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Property History for 172-174 Pulteney St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$3,700,000
31 Mar 2025
Listed for Rent
04 Feb 2019
  • 31 Mar 2025
    Sold for $3,700,000
  • 10 Oct 2024
    Listed for Sale Offers over $4,000,000
  • 05 Dec 2018
    Listed for Rent - Price not available
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation.In 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.

Adelaide has 18,758 properties. Over the last 5 years, Houses in Adelaide have seen a 44.76% increase in median value, while Units have seen a 34.32% increase. As at 28 February 2026:

  • The median value for Houses in Adelaide is $1,195,229 while the median value for Units is $566,972.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 136 properties listed for sale, and 92 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1272 properties were sold in the past 12 months in Adelaide.

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