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Unit 1/128 Rundle Mall Adelaide SA 5000

  • Shop & Retail
  • 80 m²
  • For Sale, Contact Agent

AFFORDABLE SPACE IN A PRIME MALL LOCATION

  • 80sqm* space with 39sqm* tenancy
  • $78,810* approximate net rent
  • Strong tenancy profile in Smokemart

1/128 Rundle Mall is the opportunity of a lifetime for smaller retailers. Presenting the chance for privates to own and occupy a space in the heart of Rundle Mall, CBRE are sure that this is one that will be snapped up off the market.

With Smokemart taking a lease over the 39sqm retail shop, investors can reap the rewards of the new 5-year lease and approximate $78,810 net rent. Occupiers will also be able to use this holding income to run out any existing leases while also getting designs and approvals in place to open their store in this location.

The property is 80sqm but comprises a useable tenancy of 39sqm* with the additional 41sqm being used as access for Hotel Richmond on the upper floors.

The key property highlights include:
- 80sqm* space with 39sqm* tenancy
- New 5-year lease with a net rent of $78,810*
- Strong tenancy profile in Smokemart
- Vendor-biased 6-month break clause within the lease
- Surrounded by market leading retailers

For sale via Expressions of Interest closing on 16th of June at 4:00pm

Please contact the sole marketing agents with any other questions:
Ned Looker: +61 448 689 573
Mitch Curnow: +61 415 494 056

Property Highlights

Floor Area80 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017825050
Category
Last updated  24 May 2022
Map for Unit 1/128 Rundle Mall Adelaide SA 5000

Property Highlights

Floor Area80 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017825050
Category
Last updated  24 May 2022
Level 5 151 Pirie Street Adelaide SA 5000
Ned Looker
Ned Looker
CBRE South Australia RLA 208125
Mitch Curnow
Mitch Curnow
CBRE South Australia RLA 208125

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