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Back 31/21 Pulteney St
Off Market

31/21 Pulteney St

Adelaide SA 5000

1
1
Apartment
Last sold for $390,000
Toby ShipwayToby Shipway, last sold this property on 18 September 2025 after 31 days on market.

Overview

**SOLD BY TOBY SHIPWAY - TO GET THE MAXIMUM PRICE WITH MINIMUM FUSS CONTACT TOBY SHIPWAY**

Invest in Adelaide's History - The Iconic Ruthven Mansions Apartments Set 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 façade 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 request The 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.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 31/21 Pulteney St is $470k.

Median value
$470k
Estimated value range
$131.5k - $650k
Median days on market
29
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Adelaide. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31/21 Pulteney St

2025
Sold
$390,000
Private Sale/Treaty on 18 Sep 2025 by Toby Shipway, of Ray White Adelaide CBD
2019
Sold
$212,000
Private Sale/Treaty on 25 Feb 2019 by Paul Carey, of Fox Real Estate

Happy sellers in Adelaide

93%
93% of sellers in Adelaide reported that their sale price either exceeded or met their price expectations.

Adelaide stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Adelaide over the last 12 months.

Local market activity for 1 bedroom apartments in Adelaide

In the last 12 months, 192 one-bedroom apartments similar to 31/21 Pulteney St, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Cynthia Sajkunovic

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Rhys Digance

Rhys Digance is an award winning recommended agent for Adelaide.  They have 4 local sales and collected 3 local reviews across the last 12 months.

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