Tag: <span>commercial real estate</span>

Project Management of Sportsgirl’s New Flagship Store

November 11, 2025

Location: 27 Rundle Mall, Adelaide · Client: Private · Service: Project Management · Division: Facilities Management

Overview

McGees Facilities Management division was proud to deliver a complex redevelopment at 27 Rundle Mall. The redeveloped heritage-listed building in Adelaide’s premier retail precinct is now home to Sportsgirl’s newest flagship store.

Acting as client-side project manager for a private landlord, we coordinated all aspects of the redevelopment, including structural integration of three properties, façade upgrades, and a warm shell fit-out for the incoming tenant, Sportsgirl.

Our team worked closely with Sarah Constructions and MPH Architects to overcome significant challenges such as structural steel installation in a high-traffic retail environment and unforeseen building issues, ensuring a premium retail and office outcome.

Project Scope

  • Integration of Three Properties: The project merged three adjacent buildings into a single, unified structure to optimise space and functionality.
  • Warm Shell Fit-Out: A warm shell was being prepared for the incoming tenant at 27 Rundle Mall, including essential infrastructure like HVAC, lighting, and basic finishes.
  • Level 1 Transformation: The first floor across the combined buildings will be redeveloped into modern office space with upgraded amenities.

Construction Highlights

  • Structural Alterations: Extensive internal modifications were made to connect the buildings, which were of different levels, including new voids, basement storage, and open-plan layouts.
  • Façade Modernization: The ground-level frontage was updated with contemporary tiling, and a canopy featuring integrated LED lighting.
  • Steel Engineering: Over 60 tonnes of structural steel are being installed using innovative craning and internal transport methods due to access limitations.

Office & Retail Enhancements

  • Ground Floor Retail: A larger open-plan retail tenancy was created to attract premium tenants and enhance street-level engagement.
  • Level 1 Office Space: Includes new workspaces, toilets, and plant rooms designed for flexibility and comfort.
  • Amenities Upgrade: Modern facilities are being added to support both retail and office occupants.

Challenges, Approach & Outcome

In addition to the already complex initial scope of this project, the age of the building presented consistent major challenges throughout the project including;

  • Unforeseen materials in the ceiling space requiring removal  
  • Engineering solutions for the cantilever overhang on James Place.
  • Transporting and installing over 60 tonnes of structural steel through a busy retail precinct.
  • Supporting the structure during Level 1 removal to create the void.

Our team adopted a careful, considered approach to manage the complexity of this high-foot-traffic site. Acting as client-side project manager, we brought together all facets of the redevelopment, coordinating closely with consultants, the builder, and the design team.

This collaboration ensured structural challenges were addressed and the project delivered a premium retail and office environment for Sportsgirl and the landlord.

Contact Us

For more information on this project or to discuss your own facilities or project management needs, get in touch with the McGees Property Facilities Management team.

Nathan Sparrow | Partner
0416 112 257
nsparrow@adl.mcgees.com.au

Rebecca Johns | Facilities Manager
0413 808 627
rjohns@adl.mcgees.com.au

Latest News

View all

Over 45 years of national property excellence.

Contact our experienced team today.

First Name(Required)
Last Name(Required)

Hotel Augusta freehold and business hit the market

October 20, 2025

Hotel Augusta, 1-3 Loudon Road, Port Augusta West

One of South Australia’s most iconic regional pubs has hit the market.

The freehold and business of Hotel Augusta, in Port Augusta, is being marketed by McGees Property’s Grant Clarke via Expressions of Interest closing Wednesday, 12 November at 4pm.

The renowned Hotel Augusta – recognised by Seven’s Sunrise as home to one of the best schnitzels in Australia, and as one of the best country pubs in the state by the Sunday Mail– is on a substantial absolute beachfront site of 2,090sqm site to the Spencer Gulf in the crossroads township.

The hotel currently comprises a traditional 1,650sqm two-storey building. On the ground floor is a front bar and adjacent outdoor deck overlooking the Spencer Gulf; a saloon bar that is a popular meeting spot for a drink before dining; the dining room, which can accommodate 90 people and has its own bar facilities; and a gaming room featuring a valuable 17 gaming machines. There is also a commercial kitchen and unused potential function/board room.

“This is a rare opportunity to acquire the freehold and business of a high-performing, iconic hotel in a strong township,” Clarke said.

“The work sisters Heidi Johnston and Penny Pearce and their partners have put into the venue since taking over has cemented Hotel Augusta as a tourist favourite and a beacon for the local community.”

He noted Hotel Augusta also has a great reputation for supporting local businesses, suppliers, sporting events and community events.

Hotel Augusta, 1-3 Loudon Road, Port Augusta West

Heidi Johnston said, “Our hotel has been built on our passion for genuine hospitality. We love to serve cold beer and fresh food, and provide great service.

“From the very beginning our goal has been to create a welcoming, high-quality experience for every guest. Over the years we’ve invested in upgrading our facilities, refining our service and developing a strong professional team that shares our values and has become family.

“Our success has also been made possible with the support of a loyal local community and Port Augusta’s ongoing attraction to tourists throughout the year.

“We look forward to seeing the hotel continue to thrive and serve the community well into the future.”

Clarke added, “Any incoming owner stands to benefit from the huge goodwill that the name Hotel Augusta brings in Port Augusta, across South Australia, and beyond.

“There is also immediate upside potential to the hotel, with the upstairs currently unused and can be utilised as function space and accommodation, and there is the opportunity to trade for more hours under the current general, hotel and gaming machine licences than the existing operator.”

Located just a short distance from the main commercial centre of the township of Port Augusta, Hotel Augusta is surrounded by a mixture of uses which support trade year-round, including shopping centre, hospitality, venues, retail and commercial properties, and high-end residential properties.

For more information contact the exclusive selling agent:

Grant Clarke on gclarke@adl.mcgees.com.au or 0414 806 130

View listing: 1-3 Loudon Road, Port Augusta West | McGees Property Adelaide

Latest News

View all

Over 45 years of national property excellence.

Contact our experienced team today.

First Name(Required)
Last Name(Required)

Rare CBD corner opportunity – income and redevelopment upside

October 15, 2025

167A-173 Hindley Street, Adelaide

A high-profile city corner site has been launched to the market as one of Adelaide CBD’s standout development opportunities for 2025.

McGees Property’s Yee Ng and Simon Lambert are marketing 167A–173 Hindley Street, Adelaide, prominently positioned at the intersection of Hindley and Morphett Streets, for sale on behalf of a private owner, with an asking price of $11.65 million.

Comprising a 1,794sqm (approx.) corner allotment, the property is improved by a two-storey retail and office building with a total floor area of 1,839sqm (approx.). Formerly home to the iconic Enigma Bar, around 54% of the building is leased to five tenants — including Phonatic Restaurant, New India Restaurant and Seoul Express —all on leases containing redevelopment clauses. The estimated net holding income is $316,094 per annum.

“This is an exceptional opportunity to secure a substantial and strategically located CBD corner holding with income security and outstanding development potential,” said Ng. “We’re expecting strong interest from local, national and offshore buyers looking to make their mark on the Adelaide CBD.”

Zoned City Main Street, the site allows for development up to 53 metres in height, while a combined frontage of 86 metres provides excellent visibility, access and future flexibility.

“The property is just metres from Adelaide’s universities and biomedical precinct —including the University of Adelaide, Royal Adelaide Hospital and SAHMRI — which continue to attract major institutional, corporate and government investment,” Ng added.

“This diverse surrounding mix of commercial, education, medical, retail and hospitality uses underpins both strong income security and redevelopment potential.”

167A-173 Hindley Street, Adelaide

Lambert said the property offers opportunities for both short-term income optimisation and long-term capital growth.

“Investors and land bankers will recognise the chance to enhance returns through leasing the remaining vacancies, while developers can plan for significant future uplift,” Lambert said. “The West End has transformed in recent years, with growing demand from students, professionals, residents and visitors — driving appetite for quality mixed-use projects.”

The flexible zoning supports residential, commercial, mixed-use or specialised development, with student accommodation or hotel developers expected to take a keen interest given the property’s proximity to UniSA’s City West campus and the upcoming university merger.

“People increasingly want to live and work in well-connected, lifestyle-rich locations,” Lambert said. “This site offers excellent public transport access via tram and bus along North Terrace and Currie Street, and is within easy walking distance to Rundle Mall and the city’s retail core.

“Occupiers may also see this as a rare chance to establish a flagship presence in one of the CBD’s most dynamic and fast-evolving precincts.”

For more information contact the exclusive selling agents:

Simon Lambert on slambert@adl.mcgees.com.au or 0408 846 999

Yee Ng on yng@adl.mcgees.com.au or 0402 715 883

View listing: 167A-173 Hindley Street, Adelaide | McGees Property Adelaide

Latest News

View all

Over 45 years of national property excellence.

Contact our experienced team today.

First Name(Required)
Last Name(Required)

Rare 1ha industrial facility – invest now and develop later

October 6, 2025

700-706 Port Road, Beverley

An incredibly rare opportunity to acquire one hectare of inner suburban land on a key arterial road has hit the market, in one of Adelaide’s best landbank offerings of 2025.

McGees Property’s Yee Ng, James Juers and Simon Lambert are marketing 700-706 Port Road, Beverley via Expressions of Interest closing Thursday, 6 November at 4pm on behalf of a private owner.

Expectations are of $12 million to $13 million.

The prime 10,764sqm site is just six kilometres from the CBD centre and boasts three street frontages with exposure to daily passing traffic of 41,100 vehicles, and is zoned Employment/Strategic Employment.

It comprises a 7,000sqm office and warehouse facility that is fully leased to The Wholesale Furniture Co on a 3+3-year term returning a passing gross rental of $550,000 per annum.

“This is an incredibly rare opportunity to acquire one hectare of inner Adelaide land,” Ng said.

“Truly irreplaceable, it’s one of inner Adelaide’s very few remaining large-scale development opportunities. It ticks all the boxes – flexible zoning, high exposure to tens of thousands of vehicles each day, and excellent accessibility.

“We’re expecting local, national and offshore interest from investors, land bankers and developers.”

Juers said, “Buyers have the chance to invest in the property and capture a strong income stream from a lease to a quality tenant, and assess their options for the site going forward.

“The site’s favourable zoning makes it suited to a range of business operations and redevelopment options that include warehousing, logistics estates, showrooms and mixed-use projects.

“Notably, it comes to the market at a time in which Adelaide is experiencing the most significant industrial land shortage in Australia, amid ongoing growing demand for sizeable, accessible sites propelled by activity in a number of high-performing local industries.”

Lambert said the strategically located property offered exceptional connectivity to and from Port Adelaide and the Adelaide CBD via Port Road, and north-south connectivity via nearby Holbrooks Road and South Road. Kilkenny train station is also just moments away.

For more information contact the exclusive selling agents:

Yee Ng on yng@adl.mcgees.com.au or 0402 715 883

James Juers on jjuers@adl.mcgees.com.au or 0438 442 909

Simon Lambert on slambert@adl.mcgees.com.au or 0408 846 999

View listing: 700-706 Port Road, Beverley | McGees Property Adelaide

Latest News

View all

Over 45 years of national property excellence.

Contact our experienced team today.

First Name(Required)
Last Name(Required)

Secure Investment to National Service Operator

September 23, 2025

652-656 Torrens Road, Pennington

A blue-chip, high-profile fuel asset leased to national service-operator, United Petroleum in a metro Adelaide suburb has hit the market.

McGees Property’s Michael Dimasi and Ross Christodoulou are marketing the United Petroleum fuel and retail convenience offering at 652-656 Torrens Road, Pennington on behalf of a private South Australian investor.

Expressions of Interest close Thursday, 16 October at 4pm.

On a prime 2,987sqm corner site with 141m of combined frontage, the property has a long-term lease to major national operator United Petroleum Pty Ltd – one of Australia’s largest independent fuel retailers with circa 500+ sites nationally – running to November 2033 with six five-year options to renew until 2063, and a current WALE of 8.2 years. There is also a Pie Face on-the-go bakery and car wash facilities on the site.

Current estimated net income is $242,300 per annum. The lease structure sees the tenant responsible for usual outgoings including insurance, statutory outgoings, repair and maintenance, with fixed annual increases of 2.50% per annum and a market review upon renewal.

“This is an exceptional opportunity to secure a blue-chip, high-profile, national service-operated commercial asset,” Dimasi said.

“Fuel station assets have proven to be remarkably resilient in recent times. We’re expecting really strong interest from investors given the set-and-forget nature of the asset, stamp duty exemption, at an affordable price point compared to similar assets in metro locations across Australia.

“It’s a rare chance for investors to secure a quality covenanted asset at this level in a metro location that’s really booming.”

Pennington is an up-and-coming suburb just 12 kilometres north-west from the Adelaide CBD, with a median house price that has surged by 13.6% in past 12 months to $800,000.

“The highly recognisable, national brand will bring great confidence to the market of the quality of the tenancy covenant, and Pennington’s growth offers excellent trade prospects for the asset,” Dimasi said.

The property is located within the City of Charles Sturt and zoned Local Activity Centre, and has a population of more than 120,000 and an economic output of $16.315 billion.

Christodoulou said the property is strategically located on busy Torrens Road, in a high-exposure position at the corner of Burleigh Avenue and the intersection of Cheltenham Parade and Addison Road.

“This asset is ideally positioned to capture busy traffic in Adelaide’s growing north-west.”

For more information contact the exclusive selling agents:

Michael Dimasi on mdimasi@adl.mcgees.com.au or 0405 360 253

Ross Christodoulou on rossc@adl.mcgees.com.au or 0423 420 339

View listing: 652-656 Torrens Road, Pennington | McGees Property Adelaide

Latest News

View all

Over 45 years of national property excellence.

Contact our experienced team today.

First Name(Required)
Last Name(Required)

Classical Adelaide CBD Building with Great Potential

September 23, 2025

110-112 Gawler Place, Adelaide

An outstanding three-storey building plus basement in the heart of the Adelaide CBD has hit the market, offering an incredibly rare opportunity for buyers looking to make their mark on the city.

The 714sqm building at 110-112 Gawler Place, Adelaide is being offered for sale through James Juers and Yee Ng of McGees Property via Expressions of Interest closing Thursday, 16 October.

The vendor is a private owner.

Expectations are circa $3 million.

“This character CBD building with great potential for commercial, retail and residential uses. It has been used as a bookshop and restaurant and offices over the last 50 years and  It’s an incredible opportunity for a buyer to make their mark in the heart of Adelaide’s CBD,” Juers said.

“The property is offered with vacant possession, so it’s ready for occupation or repositioning.”

The City of Adelaide council is providing incentives for upper level repurposing of building to residential uses.

The property is equipped with a grease trap and 3-phase power and rear access.

“We’re expecting primary interest to come from retail and hospitality owner-occupiers looking to secure a central position in the vibrant CBD with significant signage opportunity, just metres from Rundle Mall and major retail destinations.”

Internationally-renowned Rundle Mall – home is national and global retailers, as well as popular local eateries – is just to the north of the property, and draws heavy pedestrian traffic night and day to the area, including to Gawler Place.

“Opportunities to own and occupy in such high-exposure locations in Adelaide’s CBD, and with such huge signage prospects, are incredibly rare – especially at this price point,” Juers said.

Ng said, “This will also appeal to value-add players and developers looking to convert the upstairs into residential and appeal to the growing popularity of city living.”

He added that the invaluable 240sqm CBD site has a building height potential of 53m, giving the property great prospects in both the short- and the long-term.

For more information contact the exclusive selling agents:

James Juers on jjuers@adl.mcgees.com.au or 0438 442 909

Yee Ng on yng@adl.mcgees.com.au or 0402 715 883

View listing: 110-112 Gawler Place, Adelaide | McGees Property Adelaide

Latest News

View all

Over 45 years of national property excellence.

Contact our experienced team today.

First Name(Required)
Last Name(Required)

Office & medical prime inner Adelaide position

August 8, 2025

247 Churchill Road, Prospect

A rare chance to acquire a prime inner Adelaide office and medical property is going to auction in August, and is expected to attract interest from a range of occupiers and investors.

McGees Property’s Igor Jaric and James Juers are marketing 247 Churchill Road, Prospect on behalf of a private vendor. The property goes to auction on Friday, 22 August at 11am on-site.

Offered with vacant possession, the property comprises an 86sqm building on 346sqm of land, with right of way to the rear and which is zoned Urban Corridor (Boulevard).

“We’re particularly expecting interest from office users, medical professionals, and consultants,” Jaric said.

“Given the property’s accessible price point, it’s particularly well-suited to first-time professionals looking to establish their own practice or business.

“What truly sets this property apart in the current market is its prime location -situated in a highly accessible part of Prospect, directly across from brand-new residential developments and just down the road from the Churchill Centre.

“The location has a strong and growing local catchment that will support trade, and is easily accessible via road and public transport, opening it up to a much broader population across Adelaide.”

Juers said the property offered investment credentials in the near- and long-term.

“Investors will note the strong demand from businesses for functional, ready-to-go premises in prime locations,” he said.

“In addition to its strategic position, the property also offers future development potential (STCC), making it a smart long-term investment.”

For more information contact the exclusive selling agents:

James Juers on jjuers@adl.mcgees.com.au or 0438 442 909

Igor Jaric on ijaric@adl.mcgees.com.au or 0474 345 945

View listing: 247 Churchill Road, Prospect | McGees Property Adelaide

Latest News

View all

Over 45 years of national property excellence.

Contact our experienced team today.

First Name(Required)
Last Name(Required)

Invest in one of South Australia’s fastest-growing townships

November 26, 2024

41-43 Gawler Road, Mount Barker

Investors have the opportunity to be part of the growth story of one South Australia’s
fastest-growing townships, with the fully-leased retail and commercial complex with
ASX-listed and national tenants, Von Doussa Mall, coming to market.

McGees Property’s Yee Ng and Simon Lambert are marketing the property at 41-43
Gawler Street in Mount Barker, with expectations in the low $6 millions range,
equating to a circa 7% yield.

Expressions of interest close Thursday, 5 December at 4pm.
The two-storey office and retail building has a net lettable area of 1,249sqm, on
808sqm of land with Suburban Main Street zoning.

Among the seven tenants are ASX-listed big four banks Commonwealth Bank and
Westpac, as well as Wise Employment, Jobs Statewide, Jobs Australia Enterprises
an Summit Health, on a range of long-term leases with options and short-term deals.
Total passing net rental is currently $423,193 per annum.

“Buyers have a remarkable opportunity here to invest in one of South Australia’s
fastest-growing townships,” Ng said.

“The property brings an immediate healthy return with opportunities to capture rental
uplift in the coming years, and offers excellent long-term trade and rent prospects.”

Nestled in the Adelaide Hills and only 32 kilometres from the Adelaide CBD, Mount
Barker is the retail and commercial heart of the Mount Barker District Council, which
has consistently outpaced South Australia’s annual population growth and has a
population of 33,000 that is expected to surge to 55,000 by 2036 . 1

Lambert said Mount Barker has in recent years seen significant growth driven by its
appealing lifestyle, family-friendly amenities and proximity to Adelaide, making it an
attractive choice for new residents, businesses and developments.

“With a promising outlook and ongoing development, Mount Barker presents an ideal
investment opportunity, ensuring long-term value and growth potential. We’re
expecting interest from buyers from South Australia and across the country.

“National investors will note the ability to acquire a high-returning asset with
excellent prospects, with no requirement to pay stamp duty or GST on the purchase,”
he said.

For more information on this transaction, contact:

Yee Ng on yng@adl.mcgees.com.au or 0402 715 883

Simon Lambert on slambert@adl.mcgees.com.au or 0408 846 999

View listing: 41-43 Gawler Street, Mount Barker | McGees Property Adelaide

Latest News

View all

Over 45 years of national property excellence.

Contact our experienced team today.

First Name(Required)
Last Name(Required)

Top 3 reasons why commercial property investors seek property management services

September 1, 2021

FROM OUR PROPERTY MANAGEMENT TEAM

McGees Property - Top 3 reasons why commercial property investors seek property management services

Owning commercial property can be a great investment option. It offers more diversification than residential property investment, generates greater returns, and, in South Australia, there is no stamp duty on transactions.

Whether clients have one or multiple properties in their portfolio, these are three top reasons why commercial property investors seek property management services.

Tenant management

If you are not an owner-occupier, you will need tenants to help fulfil your investment goals. Ensuring your tenant’s business and your property are the right fit (and mix, if you’ve got multiple tenants), navigating the intricate nature of lease terms to suit both you and your tenants, and enforcing those terms can be time consuming, complex, and awkward.

Experienced commercial property managers won’t feel the pressure to fill a vacancy as quickly as possible when working with a reputable leasing agent because they know that the right tenant is better than any tenant. By acting as intermediary and negotiating favourable lease terms, many tenant-related risks can be mitigated. This reduces hassle and puts a buffer between you and your tenant while maintaining your relationship.

Building compliance

There are a range of legal, safety and compliance requirements that will apply to the properties in your portfolio, differing depending on the type of building or tenancy space. Understanding your responsibilities and duty of care as a commercial property owner and maintaining your building to appropriate regulations can be overwhelming, and costly if errors are made or legal requirements not fulfilled.

Through careful planning, budgeting, and inspections our commercial property managers will ensure your property is compliant and running at optimal performance without the surprise of expensive repairs.

Time

Not having the time to self-manage your property portfolio is understandable, especially if you have a job, other businesses, investments, or commitments. Adding the day-to-day running of the portfolio, managing maintenance issues, interacting with the tenant, and ensuring compliance restricts the time you have in focusing on what you do best.

Engaging a commercial property manager to manage your portfolio means you can free up your time to spend on other commitments or investment opportunities. Having access to advice backed by industry experience, networks and processes established within the company, and accurate and regular financial reporting on your portfolio will ultimately improve your bottom line.

While investing in commercial property may bring more risk than residential, it also brings more reward. And it doesn’t have to be hard or time consuming. Teaming up with an experienced commercial property manager removes the stress when it comes to tenant management and building compliance releasing you to focus on your other commitments or investment opportunities.

If you’d like to talk about the management of your property portfolio, leave us your details and we’ll give you a call.

Latest News

View all

Over 45 years of national property excellence.

Contact our experienced team today.

First Name(Required)
Last Name(Required)