OFF MARKET

259 Rundle Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 778m2
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Property Details for 259 Rundle St, Adelaide

Building Type
Commercial
Land Size
778m2
Local Government
Adelaide
Lot/Plan
A94/D48328

Last Listing description (April 2022)

Phone enquiries - please quote property ID 28171.

** THIS SPACE IS FULLY LEASED** inquire for other Rundle Street East opportunities

Truly fabulous retail space of 85 sqm
High-quality fashion house fit-out in-situ
Formerly Seafolly swimwear store
Stylish Art Deco-style curved shopfront
Perfect for retail/fashion in one of Adelaide's leading fashion strips
Available with 30 days' notice

Take full advantage of this absolute rare retail gem located in the very heart of Rundle Street East.

This is Adelaide's best retail high street offering unrivalled amenity the vibrant Rundle Street East precinct - where all the action is, and always has been.

The impressive retail space presents the perfect opportunity for a retailer to take full advantage of all the surrounding boutique fashion powerhouses. Surrounding neighbours include Zimmermann, Gorman, MJ Bale, Bauhaus, Hannah Artwear, The Style Capsule, Morrison, Dangerfield, FLANNEL, Nudie Jeans, SABA, Leonard St, Miss Gladys Sym Choon, Tony Bianco, AJE and many more. Some of these key brands have been here for years, others are new, and some have recently created their SA flagships, including Zimmermann, Gorman and Dangerfield.

This outstanding, north-facing retail site offers an abundance of natural light from full height glazing to the front, an elevated retail display shopfront, four (4) generous-sized fitting rooms (including a DDA compliant fitting room), timber floor, quality directional lighting throughout, flush ceiling mounted speakers, various existing fittings, bespoke shop counter, wall mirrors, a storeroom, spacious ceiling heights and an externally illuminated lightbox. The tenancy also features fully ducted reverse cycle air-conditioning for year-round comfort. It is virtually a "walk-up start".

There is loads of on-street parking, together with several nearby parking stations and the East Link Tram, directly connecting the East End to the City Centre, the West End, and into Glenelg and Bowden. Importantly, the East End is currently experiencing the biggest development boom in its history, with thousands of new apartments, hotel suites and student accommodation units currently being delivered. All this, coupled with the world-leading re-development of the old Royal Adelaide Hospital site into "Lot Fourteen" featuring the Creation & Innovation Neighbourhood, the Space Agency, Mission Control, the Entrepreneur & Innovation Centre and the eagerly awaited Indigenous Cultural Facility, provides an exceptional future for retailing in Adelaide's most popular City high street.

The East End is also home all year round to a number of terrific festivals and events, most of which are held in the adjoining East parklands of Rundle and Rymill Parks, including the Adelaide Fringe Club, The Garden of Unearthly Delights, Gluttony, WOMADelaide, Tour Down Under, Winter Weekends, Espresso Martini Festival, East End Wine Down, Beer n Bubbles, Ebenezer Night Markets, plus many others.

The space would be very well suited to a broad range of retail operators including fashion, gifts, homewares, and beauty.

Available: 30 days' notice

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 259 Rundle St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Listed for Rent
$2.15k/w
12 Apr 2022
  • 08 Feb 2022
    Listed for Rent - Price not available

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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 17,725 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:

  • The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
  • Houses have a median rent of $610 while Units have a median rent of $580.
There are currently 188 properties listed for sale, and 96 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 989 properties were sold in the past 12 months in Adelaide.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.