249 Rundle Street, Adelaide, SA 5000

Retail | Showrooms

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  • Property ID: 312007
  • Floor Area: 112m²
Outstanding 112 SQM Retail Space in Adelaide’s Premier Fashion & Lifestyle Precinct – Rundle Street East

Take full advantage of the upcoming busy festival period!

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

The impressive retail space presents the perfect opportunity for a retailer to take full advantage of all the surrounding boutique fashion powerhouses. Direct neighbours include Morrison, sass & bide, Jack London, SABA, MJ Bale, Tigerlily, Seafolly, Zimmermann, Miss Gladys Sym Choon, Tony Bianco, Gorman, Bauhaus, 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 and Gorman.

A recent high-end and bespoke office refurbishment to the former Palace Nova Cinema, above the retail space, has recently welcomed advertising giant, KWP!, creating a new and exciting hive of activity.

At 112 SQM in size, this outstanding north-facing retail site offers an abundance of natural light from full height glazing to the front, ample storage or consulting/treatment room options at the rear, and spacious ceiling height of over 3.3m. The tenancy has all amenities covered with rear kitchenette, common W/C and waste facilities, plus individual reverse-cycle air conditioning.

There is loads of on-street parking, together with several nearby parking stations and the East Link Tram is about to become operational, directly connecting the East End to the City Centre, the West End, and into Glenelg and Bowden. Importantly, the East End is seeing the biggest development boom in its history, with thousands of new apartments, hotel suites and student accommodation units set to be delivered over the next few years. All this, coupled with the world leading re-development of the old Royal Adelaide Hospital site into “Lot 14” – featuring the Creation & Innovation Neighbourhood, the educational facility for Le Cordon Bleu 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, and including the Adelaide Fringe Club, The Garden of Unearthly Delights, Gluttony, WOMADelaide, Tour Down Under, Fork on the Road, Schutzenfest, Espresso Martini Festival, East End Wine Down, Beer n Bubbles, Ebenezer Night Markets, plus many others.

With great year round foot traffic from local residents, shoppers, offices, nearby universities and tourists, plus the added bonus of a wealthy annual events calendar in the immediate locale, you need not look any further.

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

Adelaide Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $191 ---
Offices $4562 $568 12.44%
Retail $5261 $518 9.84%
This is the average advertised price, rent and yield for Adelaide, SA 5000*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
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  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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