138 Rundle Mall,
Adelaide, SA 5000
Shops & Retail • Development Sites & Land
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Map of 138 Rundle Mall
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JLL and Colliers are pleased to offer 138 Rundle Mall, Adelaide, an iconic and prominent 5 level CBD building providing absolute prime retail location with redevelopment potential for sale.
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, second level office, basement storage and a striking New York style apartment/office.
The building 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 Porters Lane.
The property is subject to relatively short term leases providing scope for 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.
The short term nature of the leases also provides an opportunity to undertake value-add redevelopment, capitalising on the important Rundle Mall shop frontage.
Rundle Mall is 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:
• Impressive five level building
• Prime Rundle Mall location
• Exciting redevelopment potential – costed plans available
• Side lane access to the property
• Ground floor retail tenancy currently occupied by Supre trading as Cotton On
• Striking New York style apartment/office
• Key location adjacent to major retailers including Commonwealth Bank and Kmart
*approx.
FOR SALE BY EXPRESSIONS OF INTEREST Closing at 4:00pm (AEST) Thursday 1 September 2016
JLL RLA 1842
Colliers RLA 204
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, second level office, basement storage and a striking New York style apartment/office.
The building 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 Porters Lane.
The property is subject to relatively short term leases providing scope for 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.
The short term nature of the leases also provides an opportunity to undertake value-add redevelopment, capitalising on the important Rundle Mall shop frontage.
Rundle Mall is 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:
• Impressive five level building
• Prime Rundle Mall location
• Exciting redevelopment potential – costed plans available
• Side lane access to the property
• Ground floor retail tenancy currently occupied by Supre trading as Cotton On
• Striking New York style apartment/office
• Key location adjacent to major retailers including Commonwealth Bank and Kmart
*approx.
FOR SALE BY EXPRESSIONS OF INTEREST Closing at 4:00pm (AEST) Thursday 1 September 2016
JLL RLA 1842
Colliers RLA 204
Property ID: 502046546Last Updated: 1 May 2018
138 Rundle Mall
Adelaide, SA 5000
JLL - Adelaide 25 Grenfell Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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