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

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

Shops & Retail

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$288,000,000

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Map of Rundle Mall, 14-38 Rundle Mall

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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

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Rundle Mall, 14-38 Rundle Mall
Adelaide, SA 5000
JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000

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