30/21 Pulteney Street, Adelaide, SA 5000

$400,000 - $420,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Wednesday, August 26, 2026 ( See property details for 30/21 Pulteney Street, Adelaide, SA 5000)

$400,000 - $420,000

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

A beautifully renovated heritage apartment in Adelaide's iconic Ruthven Mansions, offering historic charm, modern comforts, and excellent income potential as a short-stay investment.

🏡 Property Highlights

  • Historic Ruthven Mansions building dating back to 1910 with modern renovations
  • Prime CBD location in Adelaide's cultural and university precinct
  • Currently operating as a high-performing Airbnb with strong income potential
  • Stunning rooftop terrace with panoramic city skyline views
  • Light-filled open-plan living with high ceilings and character features
  • Contemporary designer kitchen with induction cooktop and quality appliances

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Built-in Robes
  • Air Conditioning
  • Waterfront / Views
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Located in Adelaide's vibrant cultural and university precinct, this neighbourhood offers excellent walkability to restaurants, cafes, shopping, and entertainment venues. The area boasts rich history, strong short-stay demand, and easy access to public transport. Residents enjoy scenic views, lively city atmosphere, and proximity to iconic landmarks. The community combines historic charm with modern amenities, making it ideal for both residents and investors. With a thriving arts scene and educational institutions nearby, it’s a dynamic and desirable location for city living.

What are the key features of this heritage apartment?
This apartment features high ceilings, a spacious open-plan living area, a large east-facing Juliet balcony with views towards the Adelaide Hills, a designer kitchen with modern appliances, a renovated bathroom with terrazzo tiles, built-in robes, and reverse-cycle air conditioning systems.
Is the property suitable for short-term rental income?
Yes, the apartment is currently operating as a successful Airbnb, generating strong income, and benefits from a prime CBD location with high short-stay demand.
What amenities are available to residents?
Residents have access to a rooftop terrace with panoramic city skyline views, and the building is managed by an established short-stay operator, La Loft Group, operating as 'Mansions on Pulteney'.
What are the recent renovations and upgrades?
The apartment was fully renovated in June 2024, including a new designer kitchen, updated bathroom, new air conditioning systems, and modern fixtures throughout.
How does the property blend historic charm with modern living?
The apartment retains its high ceilings, character features, and classic architectural elements from 1910, while incorporating contemporary design, modern appliances, and high-quality renovations.
Are there any upcoming strata or building maintenance works scheduled that could affect living or investment income? What are the long-term plans for the Ruthven Mansions building and surrounding area? Are there any restrictions or easements affecting the property? Has the property been inspected for any structural or pest issues following the recent renovations? Are there any planned changes to council rates or strata levies that could impact costs? Is the property compliant with all building codes and heritage regulations? Are there any restrictions on short-stay or Airbnb operations in this building or precinct? What are the potential risks of flooding or bushfire in this area? Are there any nearby construction or development projects that could impact the property? What are the details of the strata scheme, including any special levies or fees?

30/21 Pulteney Street, Adelaide, SA 5000 - More Details

$400,000 - $420,000

Located in one of Adelaide's most iconic heritage buildings, this beautifully renovated one-bedroom apartment offers an exceptional opportunity to secure a piece of history just steps from the heart of the city.

Positioned moments from Rundle Mall, this stylish apartment provides the perfect combination of character, lifestyle and strong investment potential. Currently operating as a high-performing Airbnb, it presents an ideal opportunity for buyers seeking a city residence with excellent income potential.

Set within the historic Ruthven Mansions building (circa 1910), the apartment blends classic architectural charm with contemporary design following a high-quality renovation completed in June 2024.

Property Features:
- Spacious 50m² (approx.) apartment with open-plan living and dining
- Large separate bedroom with east-facing Juliet balcony and views towards the Adelaide Hills
- Light-filled lounge with north-facing bay windows overlooking Scots Church and University of Adelaide
- Brand new designer kitchen with induction cooktop, quality cookware, microwave and washer/dryer combination
- Fully renovated bathroom with walk-in shower, terrazzo tiles and marble vanity
- High ceilings enhancing space and natural light
- Built-in robes
- Two new Daikin reverse-cycle air-conditioning systems
- High-speed fibre-to-building internet and Samsung Serif TV

Lifestyle & Investment

Residents enjoy access to a stunning rooftop terrace with panoramic city skyline views. The building also hosts an established short-stay management operator, La Loft Group, operating as "Mansions on Pulteney".

Located in Adelaide's cultural and university precinct, the apartment is within walking distance to restaurants, cafes, shopping and entertainment.

Investment Highlights:
- Currently operating as a successful Airbnb
- Income from Airbnb.
2024 year end $50912 And 2025 year end $47818
- Prime CBD location with strong short-stay demand

This apartment represents a rare opportunity to secure a fully renovated residence in Adelaide's first purpose-built apartment building, combining historic charm with modern city living.

A truly unique Adelaide lifestyle opportunity.

Expression of interest closes 24/3/2026

Council $363 pq
Strata $1444 pq
Built |1910
SA Water $177pq
ESL |

Are you thinking of purchasing this property as an investment? Speak with our Property Management team on how we can assist you.

All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
Type
Apartment
Bedrooms
1
Bathrooms
1

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