73 Grenfell Street, Adelaide
Retail
CHARACTER. CORNERSTONE. INVESTMENT.
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
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
Contact Agents
Pat Schinella
Marco Schinella
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