The Mansions Classic Elegant City Investment Apartment | Circa 1910
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 current Airbnb agreement.
2024 year end $50912 And 2025 year end $47818
- Prime CBD location with 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.
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