[PRO] 261-263 Pulteney Street | Sky Adelaide | Mixed Use

All high-rise, low-rise and street developments in the Adelaide and North Adelaide areas.
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Ben
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[PRO] Re: 261-263 Pulteney Street | Sky Adelaide | Mixed Use

#61 Post by Ben » Mon Jan 21, 2019 9:35 am

The agents lies are now coming back to bite them. I was at a sales launch last year where prospective buyers were told their eastern views could not be blocked out as it was all heritage buildings to the east of Pulteney. As it was a large group I didn't say anything, but just this week a large proposal directly opposite Sky has been lodged, blocking the only views left this development had. If construction doesn't start imminently then I don't think it will happen at all once word gets out of the new development. Could be another case similar to Adelaidean vs NT Student accom.

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[PRO] Re: 261-263 Pulteney Street | Sky Adelaide | Mixed Use

#62 Post by Smithy85 » Sun Mar 17, 2019 12:05 pm

Seems to be lots of advertising for this one. They are having a real crack.

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[PRO] Re: [PRO] Re: 261-263 Pulteney Street | Sky Adelaide | Mixed Use

#63 Post by floplo » Sun Mar 17, 2019 9:06 pm

Ben wrote:The agents lies are now coming back to bite them. I was at a sales launch last year where prospective buyers were told their eastern views could not be blocked out as it was all heritage buildings to the east of Pulteney. As it was a large group I didn't say anything, but just this week a large proposal directly opposite Sky has been lodged, blocking the only views left this development had. If construction doesn't start imminently then I don't think it will happen at all once word gets out of the new development. Could be another case similar to Adelaidean vs NT Student accom.
They seem to push them as investment properties (manged rights, no car parks) , and views probably aren't that important when you look on Airbnb for a place close to Calvary.

Pricing seems expensive, though.

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[PRO] Re: 261-263 Pulteney Street | Sky Adelaide | Mixed Use

#64 Post by cmet » Thu Apr 11, 2019 4:03 pm

Spoke to an agent today, said they have sold 15 apartments and are planning to start construction early next year.

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[PRO] Re: 261-263 Pulteney Street | Sky Adelaide | Mixed Use

#65 Post by Ben » Thu Apr 11, 2019 4:52 pm

They’ve been saying that for years. I wouldn’t buy in this project. After 2 and a half years they’re advertising 40% sales.. not a good sign.

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