31/21 Pulteney Street

Adelaide SA 5000

Invest in Adelaide's History - The Iconic Ruthven Mansions ApartmentsSet within the Ruthven Mansions - one of Adelaide's first luxury apartment buildings, constructed circa 1910 - this exceptional residence offers investors a rare opportunity to secure a slice of heritage grandeur in one of the city's most tightly held locations. With its striking Art Nouveau architecture, grand proportions, and unbeatable position opposite the University of Adelaide, this property represents a blue-chip addition to any portfolio.Positioned on the 3rd floor, the apartment captures an enviable north-facing aspect with abundant natural light. Inside has been tastefully renovated throughout complimented with soaring ornate ceilings, a spacious bedroom with bay windows, a spacious living and dining area, and a private balcony overlooking the appealing bluestone and sandstone faade of Scots Church.The kitchen is beautifully appointed with quality Euro appliances, stone benchtops and plenty of cupboard space. The bathroom is equally refined, featuring a full-width shower and a clever layout that maximises space.Currently, the property is operated under a professional management arrangement, ensuring strong rental returns with the flexibility to continue under the Mansions Hotel scheme or transition to a private lease or perfect place to call home at the end of the lease term - September 2027. Contact Toby Shipway for further investment information.Key Investment Features Secure long-term investment in Adelaide's premier cultural and academic hub Large one-bedroom apartment with character features Strong and consistent rental demand from professionals, students, and visitors Recently renovated kitchen & bathroom - low maintenance and tenant-ready Fully furnished, with quality period furniture negotiable Access to shared rooftop terrace with panoramic city views NBN Fibre to the Building & 5G coverage for reliable connectivity Steps from the University of Adelaide, UniSA, Rundle Mall & East End precinct Proven rental history with figures available on requestThe central CBD location ensures ongoing demand, underpinned by proximity to Adelaide's top universities, schools, retail, and entertainment precincts. With heritage charm, modern upgrades, and professional management options in place, this property delivers consistent income now and strong capital growth prospects into the future.All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.