Rundle Place, SA

1. Powerhouse centre – 22,077 sqm of prime CBD mall space generating $218.9 million in annual sales with a dominant 52 metre mall frontage producing productivity above $54,000/sqm along the mall front.^1,2
2. Heavyweight retailers – 96% of total sales generated from flagship global, national and chain retailers, anchored by Adelaide’s only Apple Store and a full-line Coles supermarket.¹
3. Modern, purpose-built – constructed in 2013, Rundle Place is the only modern, fit-for-purpose offering along the mall and direct integration into 500 car bays (car park offered for sale in a separate and concurrent sales process).
4. Recently repositioned – state-of-the-art delivery of a new Entertainment & Leisure Precinct with a critical mass of 4,629 sqm providing a unique point of difference in the CBD.¹
5. Growth prospects – 90% of specialty tenants structured on 4% fixed reviews (or greater). Large shops some 100% above average store sizes (Urbis Benchmarks) providing future repositioning and rental growth opportunities.^1,4,5
6. Outstanding demographic tailwinds — Inner Primary Trade Area population growth of 2.4% pa until 2035, and Total Trade Area retail expenditure forecast to reach $39.6 billion by 2035 (3.7% growth p.a.).²
7. Favourable tax destination — no stamp duty and no foreign owners surcharge.³
8. Fully leased net income of $15.6 million p.a. ¹

Footnotes

All statistics and financial information is approximate and in some instances rounded. All parties to undertake their own Due Diligence and make relevant enquiries into the accuracy of the information being presented.

1 Campaign financial pack & vendor information, subject to change during campaign.

2 Urbis Rundle Place Market Outlook Report, April 2026.

3 No stamp duty, however a 1% land transfer fee is applicable.