GROUND FLOOR/281 North Terrace, Adelaide, SA 5000 | Commercial for rent | OnTheHouse
FOR RENT
$130,000

Ground Floor/281 North Terrace
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 350m2
Land area: 350m2
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PRIME RETAIL / SUPERMARKET / GROCERY / DELI - BUSY LOCATION ACROSS FROM ADELAIDE UNIVERSITY

Phone enquiries - please call 1300 594 794 and quote property ID 24260.
This is an ideal opportunity to start your own boutique supermarket / Grocery / Deli, or a similar business situated in a prime North Terrace location. Leading city, ground floor position in 'The Palais', across from the Adelaide University and Botanical gardens and adjacent Ayers House. There is a tram stop outside and is close to Rundle Mall, Target Centre Point and Palace Nova East Theatre. You can’t go wrong!
In addition, all equipment, fridges and cool room are included in the lease, making this a great opportunity for your business.
* Long term lease available (5+5+5) is ideal.
* Good Equipment in place
* Ground Floor Space - Excellent Exposure
* CPI + 2 each year increase.
* Approximately 350m2 of internal space
This great location can service many of the apartments in the building along with other prestigious apartments in the vicinity.
Express your interest by enquiring today.
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Property Details for Ground Floor/281 North Tce, Adelaide

Building Type
Commercial
Floor Size
350m2
Land Size
350m2
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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 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% 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 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.

Adelaide has 18,473 properties. Over the last 5 years, Houses in Adelaide have seen a 42.25% increase in median value, while Units have seen a 32.55% increase. As at 31 October 2025:

  • The median value for Houses in Adelaide is $1,165,141 while the median value for Units is $554,358.
  • Houses have a median rent of $630 while Units have a median rent of $615.
There are currently 138 properties listed for sale, and 107 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1233 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.