Share this property

Rundle Mall, 14-38 Rundle Mall Adelaide, SA 5000

Directions

Rundle Mall, 14-38 Rundle Mall,
Adelaide, SA 5000

Shop & Retail

Price information

Sold

$288,000,000

Key property information

Floor area

Sold on

Map of Rundle Mall, 14-38 Rundle Mall

Directions

Myer Centre Adelaide - Absolute Prime CBD Shopping Centre

• Dominant CBD retail shopping complex anchored by a recently refurbished “flagship” 30,000 sqm Myer Department Store, secured via a new 20 year lease (expiry 2032), together with 113 retailers*, providing a total GLA of 60,109 sqm* & convenient onsite basement parking for 467 cars*

• Quality office accommodation of 9,558 sqm*, with history of high occupancy, large floor plates & combination of expansive parkland & CBD views

• Absolute landmark development, strategically positioned on Rundle Mall, the heart of Adelaide’s largest, vibrant & most visited retail precinct

• Significant total trade area of over 930,000 persons, attractive main trade area per capita income levels 11.7% above the Adelaide average & strong forecast retail spending growth, currently at $11.5bn, projected to reach $17.3bn by 2026*^

• Highly secure income stream, with major, national & chain retailers generating over 90%* of total gross income & occupying 95%* of the total centre GLA^

• Immediate opportunities for value add, income & capital growth via repositioning & re mixing

• Fully leased net income - $20,700,000 p.a*

^ Source: MacroPlan Dimasi, Dec 2014
* Approx.

Property ID: 501430715Last Updated: 20 Aug 2015

+61 *** ***
Rundle Mall, 14-38 Rundle Mall
Adelaide, SA 5000

Agency contacts

JLL - Sydney
JLL - Sydney
Level 25, 420 George Street
SYDNEY, NSW 2000
View agency profile
progress tick

Sending email...

Email enquiry

Simon Rooney

Send to:

Simon Rooney
JLL - Sydney
Rundle Mall, 14-38 Rundle Mall Adelaide, SA 5000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call