SA Commercial Property News

The space and defence industries are proving the turning point for sentiment in the Adelaide office market, causing vacancy rates to fall over the past year.

A multimillion dollar upgrade of a Waymouth St office building and the imminent arrival of thousands of office workers in a nearby tower mark the continuing shift of Adelaide’s office heart, according to Adelaide leasing agents.

One of North Adelaide’s best-known buildings has returned to the market for offers over $2 million, after failing to sell at its hour-long auction.

German investment house Real I.S. has swooped on a Waymouth St office block in the Adelaide CBD for $85 million on behalf of a group of institutions that have mandated it to build up a $400 million portfolio.

Adelaide’s retail investment market is hotting up after a shopping complex in the city’s north went under the hammer for more than $21 million.

It looks like your every-day shop front from the outside. But step inside Semaphore’s first Apothecary to discover a property nothing short of the ordinary.

Kaufland has turned the sod on its first store in South Australia, with plans in the pipeline for another two.

If you’ve ever dreamt of running your own BnB in a gorgeous country setting, here is your chance to ramp that idea up a few thousand per cent.

It’s hosted Aussie icons such as Smoky Dawson and Beccy Cole. Even Red Dog, from the self-titled film, has stopped by for a visit.