Adelaide Commercial Property News

One of Australia’s few competition ballrooms has come onto the market in the wake of the COVID-19 downturn. Adelaide’s magically-named Wonderland Ballroom has swept locals up in the glamour and fun of dance for more than 50 years.

A beachside building that has served as terrace homes, offices and a renowned backpackers throughout its 140 year history is offering a rare opportunity.

Work on a new $450m office tower in Adelaide has begun, with its developer promising to deliver a “new benchmark of excellence” in workplace design. Services Australia will relocate more than 2200 non-customer-facing staff to the new tower 

Prospective buyers are flocking to a large property, which spans four titles, in a sought-after Adelaide suburb about 7km from the city.

Old churches with the potential to be converted into heavenly homes are popular pieces of real estate. But what about one that could be converted into a business?

The rapid development of Adelaide is gathering pace with the $330m reopening of SkyCity casino­ on November 28, with the complex to include several high-profile bars and restaurants and shine a spotlight on the city which has benefited from early border reopenings.

A former Catholic seminary in Adelaide’s east – which once served as a training ground for priests – has sold to a private buyer who plans to turn the property into a home.

Office heavyweight Dexus has flagged a significant push into healthcare property and has teamed with its specialist fund to snap up the Australian Bragg Centre in Adelaide from private developer Commercial & General for $446.2m.

The office-leasing market is showing signs of recovery with major projects beginning to win tenants as a Charter Hall development in Adelaide emerges as the next cab off the rank.