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
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