245 Rundle Street, Adelaide, SA 5000

Retail

Leased

  • Property ID: 410400
  • Floor Area: 75m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased N/A 75m2 N/A Contact Agent
LEASED!!!! Terrific 71 Sqm Retail Shop in Adelaide’s Bustling & Premier Fashion & Lifestyle Hub Rundle Street East

Phone enquiries - please quote property ID 28674.

LEASED!!!

• A truly fabulous retail space of 71 sqm.
• The Landlord could potentially facilitate a double-sized shop of 147sqm and an 8m frontage (approx.) in this location.*
• High-quality fit-out in-situ, including three (3) fitting rooms.
• Beautiful glass-fronted, light filled space.
• Perfect for fashion/retail in arguably Adelaide’s leading fashion high street.
• Available with 30 days’ notice.

This is indeed a rare retail gem that represents a golden opportunity in our tightly held Rundle Street East property portfolio. This could be your last chance in some time to join this thriving retail community.

The vibrant and ever popular Rundle Street East precinct is, simply put, Adelaide’s most adored mixed-use, fashion, night-life, fine dining and lifestyle precinct, offering unrivalled amenity and home to Adelaide’s biggest and best festivals, events and street parties.

This outstanding, north-facing retail site offers an abundance of natural light from full height glazing at the front, tiled flooring, quality directional lighting throughout, exposed blackened concrete ceilings, bespoke shop counter, 3 x fittings rooms, wall mirrors, a storeroom and an externally illuminated lightbox. The tenancy also features fully ducted reverse cycle air-conditioning for year-round comfort. It is virtually a “walk-up start”.

The impressive retail space presents the perfect opportunity for a retailer to take full advantage of all the surrounding boutique fashion and retail powerhouses that include Zimmermann, Jurlique. Gorman, SABA, Bauhaus, Hannah Artwear, Morrison, Dangerfield, Stephanie Chehade, Nudie Jeans, Leonard St, Miss Gladys Sym Choon, Tony Bianco, AJE and many more.

There is loads of on-street parking, together with several nearby parking stations and the East Link Tram, directly connecting the East End to the City Centre, the West End, and into Glenelg and Bowden. Importantly, the East End is currently experiencing the biggest development boom in its history, with thousands of new apartments, hotel suites and student accommodation units recently completed or currently being delivered. All this, coupled with the world-leading re-development of the old Royal Adelaide Hospital site into “Lot Fourteen” – featuring the Creation & Innovation Neighbourhood, the Space Agency, Mission Control, the Entrepreneur & Innovation Centre and the eagerly awaited Aboriginal Arts and Cultures Centre, provides an exceptional future for retailing in Adelaide’s most popular City high street. Collectively, Lot Fourteen is estimated to attract 700,000 visitors per annum and to permanently home at least 6,000 entrepreneurs, researchers and students.

The East End is well known for its terrific festivals and events, most of which are held in the adjoining East parklands of Rundle and Rymill Parks, including the Adelaide Fringe Festival, The Garden of Unearthly Delights, Gluttony, WOMADelaide, Tour Down Under, Winter Weekends, East End Wine Down, Beer n Bubbles, the Ebenezer Night Markets, plus many others.

The space would be very well suited to a broad range of retail operators including fashion, gifts, homewares, and beauty.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Adelaide Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $178 ---
Offices $4536 $603 13.30%
Retail $4469 $393 8.79%
This is the average advertised price, rent and yield for Adelaide, SA 5000*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in SA for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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