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133 Rundle Mall, Adelaide, SA, 5000

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Properties / Buy / South Australia / Adelaide Cbd

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Contact Agent

Floor Area

970 m² (*approx)

Property Type

Retail, Other

Sub-type

Strip Retail, Mixed Use

Est. Income

$465,051 p/a

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2. Property Highlights

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

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Retail, Other

Sub-type

Strip Retail, Mixed Use

Est. Income

$465,051 p/a

Wale

3.98 years

Floor Area

970 m² (*approx)

Selling Method

EOI

Selling Details

Contact Agent

2. Property Highlights

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.

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

Remember to mention you found this property on CommercialReady

Tenanted Investment