Skip to main content
133 Rundle Mall
Adelaide SA 5000
SearchBack to results

133 Rundle Mall Adelaide SA 5000

  • Shop & Retail
  • 970 m²
  • For Sale, $9,000,000 (GST na)

Take a Trundle Down Rundle

  • Net Passing income of $465,051 p.a.
  • Prominent corner location
  • Commercial tenancy WALE of 3.98 years

CBRE and McGees Property are excited to present to market this exciting Rundle Mall, multi-tenanted investment property that sits on the corner of the Mall and Twin Street.
Following some advice over the last 12-months, the vendors have restructured the lease throughout the building and now offer the space as a premium leased investment along the tightly held Rundle Mall. Excluding the residential tenancies, the property boasts a WALE of just under 4 years (as at 1 July 2024), together with the short term value-add from the 2-floors and 11 units currently let on 6-12 month residential agreements.

The high profile location, paired with the opportunity for rental growth in the short term makes this an unmissable opportunity, which is highlighted by the below key points:
- Net Passing income of $465,051 p.a.
- Commercial tenancy WALE of 3.98 years (by income)
- 11 short-term residential agreements providing immediate value growth
- Prominent corner location with a combined 37m frontage
- Full site coverage basement space with lift access
- Zoned City Main Street (Rundle Mall)

For Sale via EOI

CBRE South Australia RLA 208125
CBRE South Australia RLA 208125
Level 20/83 Pirie Street
Adelaide, SA 5000

Property Highlights

Floor Area970 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019245223
Category
Last updated  10 Sep 2024
Map for 133 Rundle Mall Adelaide SA 5000
CBRE South Australia RLA 208125
CBRE South Australia RLA 208125
Level 20/83 Pirie Street
Adelaide, SA 5000

Property Highlights

Floor Area970 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019245223
Category
Last updated  10 Sep 2024

Co-Agents

Ned Looker
CBRE South Australia RLA 208125
Call
04448 689 573
Tim Pozza
McGees Property Adelaide
Call
0411 418 161

More about 133 Rundle Mall Adelaide SA 5000

133 Rundle Mall Adelaide SA 5000 is categorized as Shop & Retail Property. It has a floor area of 970 m². The listing ID for this property is 2019245223.

More Shop & Retail properties for Sale in Adelaide SA

For SaleEOI Closing 28 Oct @ 12PM
109-119 grote street,adelaide, SA 5000
1,495 m²
Shop & Retail
For SaleContact agent
ground floor/23 peel street,adelaide, SA 5000
170 m²
Shop & Retail
For SaleEnquire Now
260 pulteney street,adelaide, SA 5000
220 m²
Shop & Retail