Positioned in one of Adelaide's most vibrant and tightly held city-fringe precincts, this outstanding commercial opportunity offers investors and business owners a versatile tenancy in the heart of sought-after North Adelaide.
Currently leased at $20,000 + GST per annum (including Government charges, with the tenant responsible for all utilities) until 28/09/2027, the property provides secure holding income with future renewal potential beyond the current lease term.
Ideally located just moments from the lively caf, dining and retail scene of O'Connell Street, the property enjoys exceptional exposure and convenience within a thriving commercial and lifestyle destination. Positioned directly opposite the landmark 88 O'Connell development and the North Adelaide Village Shopping Centre, the premises benefit from strong surrounding foot traffic and ongoing area growth.
Adding further appeal, the property offers valuable rear access via Archer Street, including convenient customer parking and direct rear entry access.
Key Features
Securely leased investment returning $20,000 + GST p.a.
Current lease in place until 28/09/2027 with renewal potential
Tenant pays all utilities
Prime city-fringe location in the heart of North Adelaide
Prominent frontage with strong street presence on Archer Street
Flexible floorplan suitable for retail, office, consulting or hospitality use (STCC)
Rear customer parking access with direct rear entry
Light-filled and private tenancy with excellent natural light
Attractive outdoor aspect with leafy verandah outlook
Surrounded by established hospitality venues, cafs, restaurants and specialty retailers
Opposite the high-profile 88 O'Connell development and North Adelaide Village Shopping Centre
With its inviting atmosphere, premium location, and strong investment fundamentals, this is an exceptional opportunity to secure a quality commercial property in one of Adelaide's most prestigious lifestyle precincts.
For more information or to arrange an inspection of 129 Archer Street, North Adelaide SA, please contact Jacky Yang of Raine & Horne Unley (RLA 301 358)
Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land, and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the Form 1.
The size of North Adelaide is approximately 5.1 square kilometres. There are 40 parks, covering nearly 57.8% of the total area. The population of North Adelaide in 2016 was 6950 people. By 2021 the population was 6823 showing a population decline of 1.8% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation.In 2021, 50.60% of the homes in North Adelaide were owner-occupied compared with 48.80% in 2016.
North Adelaide has 4,894 properties. Over the last 5 years, Houses in North Adelaide have seen a 53.52% increase in median value, while Units have seen a 87.99% increase. As at 30 June 2026:
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