Rundle Place is Adelaide’s only premium grade CBD retail asset.
It is positioned in the epicentre of retailing in South Australia, Rundle Mall.
The 23,245 sqm Centre is home to South Australia’s only Apple Store, a
full-line Coles Supermarket and an assortment of Australia’s best retailers.
The substantial vacancy on levels 2 and 3, created from the
vacation of Harris Scarfe, provide an opportunity for a large-scale
repositioning of the asset, which will further cement its position
as the premier retail CBD centre in Adelaide.
$210.2 Million
The largest shopping centre transaction post COVID-19
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5.5%
Passing yield, excluding the impact of occupancy cost caps
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23,245 sqm
Prime retail GLA fronting Rundle Mall
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$9,034 psqm
One of only two retail transactions in South Australia
to exceed $9,000psqm
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Please contact us for the detailed Sales Analysis.
We would like to congratulate Blackstone, Fortius and Irongate
on this landmark transaction.
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