Significant Landlord Fit-Out Contribution Available - $200,000 to $600,000*
An outstanding opportunity to secure a brand-new commercial premises in one of Adelaide CBD's most vibrant and tightly held locations.
Located at 13 Coglin Street, Adelaide, in the heart of Chinatown and only moments from Gouger Street, Adelaide Central Market and the new Market Square precinct, this sophisticated three-level commercial property offers approximately 432sqm of highly flexible space.
MAJOR LANDLORD FIT-OUT SUPPORT
For the right tenant and business concept, the landlord is prepared to provide a substantial fit-out contribution of approximately $200,000 to $600,000, depending on the proposed use, lease term, tenant profile and agreed fit-out requirements.
This represents a rare opportunity for an incoming business to establish a premium new premises while significantly reducing the upfront cost of construction and fit-out.
PROPERTY FEATURES
Approx. 432sqm across three levels
Brand-new commercial premises
Excellent Chinatown / Adelaide CBD location
Strong street presence
Passenger lift servicing all levels
Grease trap
Provision for commercial kitchen canopy
Dumbwaiter
Flexible floorplan
Suitable for a wide range of commercial uses*
Potential for restaurant, café, hospitality, retail, showroom, medical, consulting or office
Whole building or individual levels may be considered
Flexible lease terms available
Significant landlord incentives and fit-out contribution available
PRIME CBD LOCATION
Positioned in the heart of Adelaide's Chinatown precinct, the property enjoys excellent access to:
Gouger Street
Adelaide Central Market
Market Square
Chinatown restaurants and retail
Public transport
Adelaide CBD offices, hotels and residential developments
The continuing redevelopment of the Central Market and Market Square precinct is expected to further strengthen this already high-traffic location.
OUTGOINGS - APPROXIMATELY
Council Rates: $11,500 per annum
ESL: $3,649 per annum
Water Rates: $3,200 per annum
MFS: $874 per annum
FLEXIBLE LEASING OPPORTUNITY
The landlord is open to working with suitable tenants to structure the premises and commercial terms around their business requirements.
Whether you are an established hospitality operator, retailer or professional business looking to create a flagship Adelaide CBD location, 13 Coglin Street provides a rare opportunity to secure a brand-new premises with substantial landlord financial support.
For further information, inspections or to discuss fit-out options, please contact:
Simon Hou
Harcourts Adelaide City
0423 807 866
*All uses are subject to relevant statutory approvals. Landlord fit-out contribution is subject to negotiation and will depend on the proposed business, lease term, tenant covenant, fit-out scope and final lease agreement.