Udaberri, Adelaide, SA 5000 | Commercial for sale | OnTheHouse
FOR SALE
$135,000 + SAV ($25,000 approx.)

Udaberri
Adelaide SA 5000

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Udaberri

At a Glance
• Within Adelaide's premier dining & small bar precinct
• Trading since 2013
• Supported by 5 staff
• Option to renew lease to 2037
• Seats 94 inside, 24 outside
Udaberri is a Spanish-style small bar focused on pintxos (Basque-style tapas), share plates and a comprehensive beverage offering including cocktails, wine and beer, inspired by the pintxo bars of San Sebastian in a casual, late-trading setting with both seated dining and bar service.
Established in early 2013 from a vacant start-up by the current owners, the business operates on Leigh Street in one of Adelaide's key dining and small bar precincts, benefiting from strong visibility and consistent evening and weekend foot traffic. The licensed premises include a commercial kitchen, bar, indoor dining and alfresco areas, accommodating approximately 96 patrons inside and 24 outside, with revenue generated through food and drinks alongside a steady coffee trade of around 8kg per week.
As an established participant in Adelaide's nightlife scene, Udaberri offers a defined Basque experience suited to an owner-operator or hospitality group seeking a high-exposure venue with an integrated food and beverage model.
Eunice Tan 0435 383 398
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Property Details for Udaberri, Adelaide

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Commercial
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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 18,822 properties. Over the last 5 years, Houses in Adelaide have seen a 43.98% increase in median value, while Units have seen a 37.56% increase. As at 31 March 2026:

  • The median value for Houses in Adelaide is $1,210,028 while the median value for Units is $585,713.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 144 properties listed for sale, and 83 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1265 properties were sold in the past 12 months in Adelaide.

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Eunice Tan
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Raine & Horne Business Sales
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