Historic "Bertram House" - Iconic CBD Hospitality Investment Opportunity
PROPERTY HIGHLIGHTS
• Landmark character building in Adelaide CBD
• Three separate tenancies across three levels
• Ground Level - Red Bird Café
• Basement Level - Chesser Cellars
• Upper Level - Hymn Bar (Jazz Lounge & Bar)
• Approx. 244sqm* total lettable area
• Approx. $123,500* net annual rental income
• High exposure corner position
• Flexible future use potential including office, consulting or owner-occupier fit out (STCC)
• Strong addition to a private or funded portfolio
• Common & private upgraded toilet facilities
• Separate street and side access
Positioned within Adelaide's tightly held CBD hospitality precinct, historic "Bertram House" presents a rare opportunity to secure a character-rich commercial asset with diversified income across three individually activated tenancies.
Basement Level - Chesser Cellars
Lease term: December 2024 – 2027 | Returning $30,000 p.a.
Intimate wine bar and function venue with strong boutique hospitality and evening trade appeal.
Ground Level - Red Bird Café
Lease term: April 2025 - 2030 | Returning $66,000 p.a.
High-exposure café tenancy with strong street presence and consistent pedestrian interaction.
Upper Level - Hymn Bar (Jazz Lounge & Bar)
Lease term: July 2023 - 2028 | Returning $27,000 p.a.
Character-filled jazz lounge and entertainment venue with strong function and hospitality appeal.
Tightly held. Well positioned. Income secured.
Inspection via appointment, contact agent for detailed lease terms