$225,000 - $230,000

The Mansions – Substantial character apartment with capital growth investment potential - Adelaide - SA

$225,000 - $230,000

1 - 3

Adelaide, Adelaide Central and Hills, SA

Unique heritage apartment building – circa 1910. Beautiful one bedroom large studio style apartment, just footsteps from Rundle Mall. Features open plan living/dining, large separate bedroom with bay window, galley kitchen, spacious bathroom and north facing balcony, in excellent condition.

City living at its best, approximately 60m in size.

The building "The Ruthven Mansion" was Adelaide's first apartment building, a spectacular architectural style building with "Art Nouveau" influence. Also included is a wonderful rooftop terrace, with great views across the city skyline. Established short stay operator, "Mansions on Pulteney" is part of the La Loft Group. The operator has current lease until 2025. Contact agent for rental income and expenses.

Features:
- Full security entry and foyer
- High ceilings
- Built-in robes
- Air conditioner
- New Renaissance arcade now completed
- Wonderful city living lifestyle
- Return can be increased with further renovation

Please contact Agent for private inspection.

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.