138 Rundle Mall,
Adelaide, SA 5000

Located near the popular eastern end of Rundle Mall is a five level building immediately adjoining the Commonwealth Bank, and currently configured with ground floor and first floor retail tenancies, basement storage and a state of the art New York style apartment/office.

The building, known as 138 Rundle Mall, enjoys an 8.36 metre frontage to Rundle Mall and a total site area of approximately 396 square metres. Side access is provided by a right of way over a service lane.

The property is subject to relatively short term leases providing scope for an owner occupier to purchase the property. Passive investors will be attracted to the potential income that could be generated by negotiating new leases over the accommodation given the current tightly held nature of Rundle Mall and the upgrade works currently being undertaken the length of Rundle Mall.

Rundle Mall continues to be one of the most tightly held and popular specialty retail strips in South Australia. In such a tightly held market we strongly endorse this property for your consideration and highlight some of the following key investment elements:

• Spectacular ground floor retail tenancy
• 8.36m* frontage to Rundle Mall
• Significant holding income
• State-of-the-art New York style apartment / office
• Gross building area over 1,500sqm*
• Valuable lane access to rear

*Approx.

Agents in conjunction
Adelaide Retail
Michael Tayler - 0413 288 188

JLL RLA 1842
Adelaide Retail RLA 248672