Myer Centre Adelaide is a prominent landmark and the largest shopping centre located in the heart of Adelaide’s city centre. Popular with locals and tourists, the centre is located along the city’s prime retail precinct, Rundle Mall. Myer Centre Adelaide is within walking distance to the Riverbank Entertainment Precinct, which includes the Adelaide Festival Centre and the Adelaide Oval multi-sports stadium, and also in close proximity to universities, hostels, art galleries, museums and a casino. The property is surrounded by offices in the city centre.
The mall is anchored by the largest Myer department store in South Australia, and is home to international retailers and specialty tenants.
Complementing the retail experience, Myer Centre Adelaide provides a wide range of dining options with cafes and a lower ground food court – the largest in Adelaide’s city centre – serving fast food and international cuisines.
The office component of Myer Centre Adelaide includes Terrace Towers, a six-storey 81,117 sq ft office tower above the retail centre and two heritage buildings (Shell House and Goldsbrough House).
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Property Profile
| Address | 14-38 Rundle Mall, Adelaide, Australia |
| Description | Myer Centre Adelaide comprises a retail centre, three office buildings and four basement levels of carpark. The retail centre is spread across eight floors and anchored by the popular Myer department store and specialty tenancies. The office component includes a six-storey office tower which sits atop the retail centre and two heritage buildings. |
| Actual Occupancy(1) | 88.3% (Retail), 93.3% (Office) |
| Net lettable area(2)(3) | 624,263 sq ft (Retail – 526,304 sq ft; Office – 97,959 sq ft) |
| Number of tenants(1) | 74 |
| Title | Freehold |
| Notable tenants(1) | Myer LUSH Kaisercraft Daiso Boost Juice Da Klinic W Cosmetics MPC VFX |
| Valuation(2) | S$239.3 million |
- Based on commenced leases as at 30 June 2022.
- As at 30 June 2022.
- Excludes approximately 89,000 sq ft of unactivated vacant space on Level 5 of the retail centre.
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