Auction:
Thursday 28th May, 11:00am
28 Car
1645 m²
701 m²
Auction:
Thursday 28th May, 11:00am
28 Car
1645 m²
701 m²
- Under-rented profile with immediate rental upside and one vacancy
- Seven (7) retail tenancies situated on six (6) strata titles (entire strata complex)
- Total site area of approximately 1,645 square metres* with building area of approximately 701 square metres*
- Approximately 27 on-site car parks with excellent dual street access
- Prominent corner site with three street frontages
- Significant development and repositioning potential (STCC)
- Flexible lease structures allowing for future redevelopment
For sale via public auction - On-site at 11am, Thursday 28th May 2026.
Positioned on a high-exposure corner along one of Adelaide’s busiest arterial corridors, 97–99 Grand Junction Road, Rosewater presents a compelling opportunity to secure a multi-tenanted retail asset with scale, flexibility, and genuine upside. The property comprises seven (7) tenancies across six (6) strata titles, offering a diversified income stream with the ability to retain, strata-sell, or reposition over time. The existing improvements provide holding income, while the under-rented tenancies present opportunities to enhance returns through active management.
Occupying a substantial 1,645 sqm* allotment with three street frontages, the site offers excellent accessibility, strong signage presence, and future development potential (STCC). The combination of landholding, configuration, and exposure is rarely offered within this price bracket.
Supported by a dense surrounding residential catchment and located in close proximity to major retail and lifestyle amenity, including Semaphore Beach, Port Adelaide, Westfield West Lakes and Arndale Shopping Centre, the asset is well positioned for long-term growth.
A versatile acquisition suited to investors seeking immediate income with the ability to unlock future value through leasing, strata realisation, or redevelopment.
For more information about 97-99 Grand Junction Road, Rosewater or to book an inspection please contact Saxon Smith or Nick Hatzis from Higher Commercial (RLA 323 903).
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