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228-230 North Terrace
Adelaide SA 5000

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Walk-through Retail Opportunity

LJ Hooker Commercial is pleased to launch this unique retail space located at 228-230 North Terrace known as Austin Way for lease.
Located at the ground floor of the Scape student accommodation building, Austin Way provides a modern and exciting retail space suitable for a range of uses. Across two levels the spaces are flexible and have endless opportunities.
The ground floor provides five individual shops and a kiosk. To the first floor is a versatile open plan space with a flexible space.
These spaces are sure to have exceptional foot traffic, being located across from Adelaide University, SA Museum, Art Gallery, State Library and Rundle Mall, just 100* metres to the south.
Ground floor tenancies have existing provisions for food uses, bi-fold glass shop fronts, all connected via a shared common area.
Key Features Include:
- Areas ranging from 20m2* 292m2*
- Connective common area
- Take advantage of some existing fit outs
- Prime CBD location
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Property Details for 228-230 North Tce, Adelaide

Building Type
Commercial

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 18,024 properties. Over the last 5 years, Houses in Adelaide have seen a 56.83% increase in median value, while Units have seen a 30.63% increase. As at 30 November 2024:

  • The median value for Houses in Adelaide is $1,134,010 while the median value for Units is $534,563.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 170 properties listed for sale, and 90 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1017 properties were sold in the past 12 months in Adelaide.

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Mark Tettis
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Rino Pancione
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LJ Hooker Commercial Adelaide
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