242 Rundle StreetAdelaide SA 5000
Property Details for 242 Rundle St, Adelaide
Last Listing description (December 2022)
- 80 to 180 square metres*
- Lease the entire space or divide to suit (one or two shops)
- Light-filled with floor to ceiling windows
- Benefits from ducted A/C, rear access, his/her amenities
- F&B and Bar operators welcome with grease arrestor and gas
- Outdoor dining possibility
242 Rundle Street is an outstanding opportunity to secure one or more impressive tenancies within one of the most renowned high streets in Adelaide. This well-presented and open plan tenancy was formerly a clothing retailer and is now available for a new operator to take advantage.
This tenancy presents as a blank canvas and is open to a wide variety of operators including retail, food & beverage, bar, and office. Features of this tenancy include ducted air conditioning, rear access, sufficient his/her amenities and all services for F&B operators (including a grease arrestor and gas) are connected. There are large floor-to-ceiling windows at the front of the tenancy providing ample natural light with an abundant sense of space.
The east end on Rundle Street is an iconic precinct, home to some of Adelaide's best retail, entertainment, and hospitality experiences. Your neighbours include high-end retailers such as Cherri Bellini, Miss Gladys Sym Choon, SABA, Morrison, FLANNEL, Zimmermann, Tony Bianco and many more. The established East End has also become the hub to several festivals and events throughout the year including Adelaide Fringe, Tour Down under, Winter in the East End plus many others.
For more information or to book an inspection of 242 Rundle Street, Adelaide, please contact Tim Pozza or Oliver Grivell of McGees Property (RLA 1722).
(* approx.)
Property History for 242 Rundle St, Adelaide, SA 5000
- 16 Aug 2023Transferred
- 25 Mar 2021Listed for Rent - Price not available
- 23 Jul 2003Sold for $1,182,500
Recent sales nearby
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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 18,787 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.
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