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427-429 Morphett St 2,702 SF of Retail Space Available in ADELAIDE, SA 5000
Highlights
- Strategic CBD location offering excellent connectivity to major city routes.
- Strong signage potential to capture passing traffic and enhance brand presence.
- Open-plan design enabling custom fit-out for diverse business needs.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,702 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
This highly adaptable commercial tenancy offers approximately 251 m² of versatile space in a prime Adelaide CBD location, making it ideal for office, retail, or showroom applications. Positioned along Morphett Street, the property benefits from excellent exposure to both vehicular and pedestrian traffic, ensuring strong brand visibility for occupiers. The internal layout provides an open-plan configuration that can be tailored to suit a variety of business models, supported by essential amenities including bathroom facilities. Rear access with a roller door enhances operational efficiency for deliveries or service access, while proximity to major city arterials and public transport ensures convenience for staff and clients alike.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Prominent Morphett Street frontage
- Rear access with roller door
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,702 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 2,702 SF |
| Total Space Available | 2,702 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,702 SF |
About the Property
The property comprises a ground-level commercial tenancy of approx. 251 m² configured for multi-purpose use, including office, retail, or showroom functions. Features include rear roller door access, internal amenities, and a high-exposure frontage to Morphett Street. Its positioning within Adelaide’s CBD ensures strong locational benefits and accessibility to surrounding services and transport infrastructure.
Nearby Major Retailers
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427-429 Morphett St
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