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228 Rundle St 1,453 - 4,198 SF of Retail Space Available in Adelaide, SA 5000
Highlights
- Accessible via multiple tram and bus stops within a short walking distance.
- Smaller tenancy options available to suit different retail concepts.
- High pedestrian traffic supported by strong hospitality and specialty retail presence nearby.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
The 2 spaces in this building must be leased together, for a total size of 2,745 SF (Contiguous Area):
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 1,453 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, 1st Floor | 2,745 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Basement
Positioned in the heart of Adelaide’s renowned retail and dining precinct, 228 Rundle Street offers a highly visible tenancy within one of the city’s most vibrant destinations. The property provides a total offering of approximately 255 m² of prime ground floor retail space, complemented by a 135 m² basement, allowing for additional storage or specialty service areas. With rear access via a dedicated laneway, the tenancy ensures efficient service logistics, while its adaptable layout is suitable for a wide range of retail formats, from fashion and specialty stores to experiential concepts. Smaller tenancy options may be considered to accommodate specific operator requirements. Located along a high-traffic corridor celebrated for boutique retail, dining, and entertainment experiences, this property capitalizes on strong pedestrian flow and premium exposure. Surrounding national and local brands reinforce the location’s established reputation as a sought-after shopping destination, while excellent public transport connectivity enhances convenience for customers.
- Central Air Conditioning
- Private Restrooms
Ground, 1st Floor
The 2 spaces in this building must be leased together, for a total size of 2,745 SF (Contiguous Area):
Positioned in the heart of Adelaide’s renowned retail and dining precinct, 228 Rundle Street offers a highly visible tenancy within one of the city’s most vibrant destinations. The property provides a total offering of approximately 255 m² of prime ground floor retail space, complemented by a 135 m² basement, allowing for additional storage or specialty service areas. With rear access via a dedicated laneway, the tenancy ensures efficient service logistics, while its adaptable layout is suitable for a wide range of retail formats, from fashion and specialty stores to experiential concepts. Smaller tenancy options may be considered to accommodate specific operator requirements. Located along a high-traffic corridor celebrated for boutique retail, dining, and entertainment experiences, this property capitalizes on strong pedestrian flow and premium exposure. Surrounding national and local brands reinforce the location’s established reputation as a sought-after shopping destination, while excellent public transport connectivity enhances convenience for customers.
- Central Air Conditioning
- Private Restrooms
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,198 SF | Property Subtype | Storefront Retail/Office |
| Max. Contiguous | 2,745 SF | Gross Leasable Area | 10,398 SF |
| Property Type | Retail |
| Total Space Available | 4,198 SF |
| Max. Contiguous | 2,745 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,398 SF |
About the Property
228 Rundle Street located near high-pedestrian activity areas, the site is adjacent to other retail, dining, and entertainment uses along Rundle Street. Public transport connections and surrounding amenities enhance accessibility.
- Air Conditioning
Presented by
228 Rundle St
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