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CBRE - South Australia (RLA 208125)

Unit 1, 128 Rundle Mall Adelaide, SA 5000

Directions

Unit 1, 128 Rundle Mall,
Adelaide, SA 5000

Shop & Retail • Hotel & Leisure • Showrooms & Large Format Retail

Price information

Sale - Expression of Interest

Contact Agent

Under Contract

Key property information

Floor area

Property extent

Tenure type

Private inspections

to arrange a private inspection.
CBRE - South Australia (RLA 208125)
Mitch Curnow
Ned Looker

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000
CBRE - South Australia (RLA 208125)
Unit 1, 128 Rundle Mall
Adelaide, SA 5000

Map of Unit 1, 128 Rundle Mall

Directions
  • Train stations within 5 km of Unit 1, 128 Rundle Mall, Adelaide, SA 5000Distance
    Tram Stop166 m
    Adelaide Central Station654 m
    Victoria Square Station781 m
    Mile End Station2.3 km
    Adelaide Parklands Terminal2.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of Unit 1, 128 Rundle Mall, Adelaide, SA 5000Distance
    Tram Rundle Mall425 m
    Tram Pirie St548 m
    Tram Adelaide Railway Station590 m
    Adelaide Metro Free City Connector Bus and Tram701 m
    Tram Victoria Square880 m
    POWERED BY HERE ©
  • Bus stops within 5 km of Unit 1, 128 Rundle Mall, Adelaide, SA 5000Distance
    T1 North Tce - South Side112 m
    B1 Pulteney St - East Side113 m
    Y2 Pulteney St - West Side131 m
    B2 Pulteney St - East Side136 m
    G1 North Tce - North Side165 m
    POWERED BY HERE ©
POWERED BY HERE ©

AFFORDABLE SPACE IN A PRIME MALL LOCATION

  • 80sqm* space with 39sqm* tenancy
  • $78,810* approximate net rent
  • Strong tenancy profile in Smokemart
1/128 Rundle Mall is the opportunity of a lifetime for smaller retailers. Presenting the chance for privates to own and occupy a space in the heart of Rundle Mall, CBRE are sure that this is one that will be snapped up off the market.

With Smokemart taking a lease over the 39sqm retail shop, investors can reap the rewards of the new 5-year lease and approximate $78,810 net rent. Occupiers will also be able to use this holding income to run out any existing leases while also getting designs and approvals in place to open their store in this location.

The property is 80sqm but comprises a useable tenancy of 39sqm* with the additional 41sqm being used as access for Hotel Richmond on the upper floors.

The key property highlights include:
- 80sqm* space with 39sqm* tenancy
- New 5-year lease with a net rent of $78,810*
- Strong tenancy profile in Smokemart
- Vendor-biased 6-month break clause within the lease
- Surrounded by market leading retailers

For sale via Expressions of Interest closing on 16th of June at 4:00pm

Please contact the sole marketing agents with any other questions:
Ned Looker: +61 448 689 5...
Mitch Curnow: +61 415 494 0...

Property ID: 504077403Last Updated: 17 Aug 2022

CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie Street
ADELAIDE, SA 5000
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