Exciting opportunities - Final stage now leasing - 200 Commercial Road, Port Adelaide SA 5015 portadelaideplaza.com.au/leasing-now - Port Adelaide ...
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Exciting opportunities Final stage now leasing 200 Commercial Road, Port Adelaide SA 5015 portadelaideplaza.com.au/leasing-now
The Port’s newest retail development Port Adelaide PlazaTM is the new and vibrant shopping Centre, 14 kilometres northwest of the Adelaide CBD, providing a new level of convenience for Port Adelaide and surrounding suburbs. Already home to some of Australia’s favourite retailers — Kmart, Coles, Aldi, Liquorland, The Reject Shop, SportsPower, Australia Post, TerryWhite Chemmart, Bendigo Bank, cafes and restaurants — the $50 million investment makes the Port Adelaide PlazaTM project the most significant retail development in Port Adelaide in decades. The final stage of the Port Adelaide PlazaTM development is now leasing. This presents an additional 30+ new retail opportunities, scheduled to open Autumn 2021. On completion, Port Adelaide PlazaTM will include more than 60 specialty retail stores and services, potentially including a health club, a medical centre alongside independent restaurant operators and popular brands providing greater customer convenience and choice for the local community. The centre now also features over 900+ free car parks, including 250 undercover car parks. For Coronavirus information and advice please visit portadelaideplaza.com.au/covid-19-update
Trade Area overview Port Adelaide PlazaTM is located in the heart of one Outer Harbour of Adelaide’s oldest historical ports, Port Adelaide. It is a unique shopping centre positioned to meet the everyday needs of its community in an area rich in history, culture and opportunity. It is surrounded by historic landmarks and buildings with thriving commerce and a growing residential base. Being located 5 minutes on foot from the Port River and only a few kilometres to the beach adds to the unique maritime charm of the area. Birkenhead (PTA) and Hendon (STA) are listed in the top 10 Australian suburbs for house price growth in 2020*. 14km / 30 min drive north west of Adelaide CBD. Largs Bay 14 primary schools in the main trade area. Semaphore Birkenhead 100m to train & bus for easy access with public transport. 124,251 primary trade area catchment. West Lakes Alberton Shore St Clair Hendon 85,425 secondary West Lakes trade area catchment. Primary Trade Area 209,676 total Secondary Trade Area CBD trade area catchment. *Source: Urban Developer.
Key demographics 35 - 64 years average age. $55,295 pa average household income. 2.5 per house average household size. 209,676 main trade area population, with 7.5% growth since 2016 Census. Occupation Household 65% 32% white collar fully owned 35% 34% blue collar mortgaged 28% 32% couples with children renting Sources: City of Port Adelaide Enfield Community Profile, Economic Profile, Household Expenditure Profile (incl. ABS Census 2016); Ovato Experian Mosaic 2018, Residential Distribution Structure/Counts which is weighted using the ABS Census 2016 to be demographically representative of the Port Adelaide market.
Local residential developments New residential developments in the Port Adelaide area will ensure continued growth and revitalisation over the coming years. Part of the Government’s grand plan is to commission 1300 homes as well as shops, cafes, hotels and a public promenade, across 21ha on the surrounds of the Port River. It will represent $280 million worth of private investment, as well as 350 construction jobs and 2,000 ongoing jobs in Port Adelaide. Dock One 750 new homes in 2021 Todd Street, Port Adelaide. North East of Port Adelaide Plaza. Stage 1 completed. Fletcher’s Slip anticipated 500 new homes to be built over 8 years, with first residents moving in mid 2022 Semaphore Road, Semaphore. North of Port Adelaide Plaza. Montpelier 32 new homes College Street, Port Adelaide. South of Port Adelaide Plaza. Atelier 67 new homes Artist impression only. College Street, Port Adelaide. South of Port Adelaide Plaza.
The future of South Australia’s defence project begins at Port Adelaide Port Adelaide is the home of Australia’s Naval Defence. Osborne Naval Shipyard is being expanded and modernised to facilitate the Commonwealth’s $89B Naval Ship Building Enterprise. 50 year contract resulting in significant business and residential growth for the area. Hunter-class Frigate prototype commenced late 2020. 5,200* additional employees working in the primary trade area by 2025. *Approximation.
Final stage leasing opportunities The final stage of Port Adelaide PlazaTM is now leasing and presents an additional 30+ new retail opportunities. Retailers already secured include quality operators The Reject Shop, SportsPower, Lone Star Rib House, Soonta (Vietnamese Fusion Food), Ban Ban (Korean Fried Chicken), Captain Chicken & Seafood, SA Gourmet Meats, Creative Poultry and Law Café. With a focus on convenience, local daily needs, lifestyle and services, Port Adelaide PlazaTM offers a retail mix of fresh produce, ready to eat take home food, casual dining, fashion, footwear and discount variety. Port Adelaide PlazaTM will provide a diverse ecosystem of retail spaces that provide strong commercial and social outcomes. This will create a vibrant and dynamic cultural life for Port Adelaide, by delivering diversity in retail, casual dining and services offerings, that skilfully balance a positive ‘everyday shopping’ experience with the intimacy and community sentiment of a village. $960m actual retail spend in main trade area. $1b+ projected retail spend in main trade area by 2021 (an estimated increase of 9.6%). Forecast 3.5m customers in year one upon completion.
Centre overview Western Car Park The final stage of the Port Adelaide PlazaTM Church Street development is set to open Autumn 2021 adding 11,000m 2 of retail space, increasing the total to approx. 29,500m 2. Featuring over 60 speciality stores and services on completion and 900 free customer car Leadenhall Street parks, including 250 undercover spaces accessible from Commercial Road, Church Street and Thomas Place. The Port Adelaide Enfield local government area emerged in 2018 as an up-and-coming market and Northern Car Park continues to be one of the busiest precincts in Adelaide. Port Adelaide is being boosted by major local events, including building vessels for the Australian Navy. Anchored by Kmart, Coles, Aldi, The Reject Shop, Paisley Park Early Learning Centre, TerryWhite Chemmart, Bendigo Bank, 21 specialties and a casual dining precinct that includes The Original Upper Level Pancake Kitchen, Shanghai Teahouse, Sushi Hiro and Lone Star Rib House. Proposed Medical Centre 30+ specialties plus medical centre Thomas Place and health club for next stage. 900+ free car parks Proposed including 250 undercover car parks. Health Club Eastern Car Park Disclaimer: The information is provided in good faith and is believed to be correct as at January 2021. The information does not constitute any offer, warranty or representation as to the profitability of the Centre or any premises. You should make your own enquiries and obtain your own legal, business and financial advice about your participation in the Centre and you Customs House must satisfy yourself as to the correctness of the information set out here before acting on Paisley Park it. Any forward looking statements are not assured or guaranteed and may be affected by Early Learning Centre a number of unforeseen circumstances. The extent of any redevelopment and its timing may change dependent on a range of issues. Any retailers, location of tenancies, depiction of usage or category of retailers represented are for illustrative purposes only and do not constitute any representation as to the final tenancy mix of any redevelopment or otherwise. Shaded Car Parks Commercial Road
Development in the Port 11 12 Fletcher’s Slip Residential Development 1 Anticipated 500 new homes to be built over 8 years, with first residents moving in mid 2022. Cruickshank’s Corner Stage 1 Commercial Development 2 Proposed development with a range of commercial, marine and tourism purposes. 3 2 Port Approach Commercial Development 3 The Port Approach precinct will become a new business park of light industrial 1 uses with office, commercial and mixed-use development. Dock One Residential Development 4 Proposal includes approximately 750 homes including redeveloping the 8 4 Marine and Harbors building into a boutique hotel and community spaces. 7 Montpelier + Atelier Residential Development 5 Approximately 100 new homes. 6 15 13 Office Towers 6 500 public servants and other commercial workers. Quest Apartments 7 104 serviced apartments including Studio, 1, 2 and 3 bedroom apartments. 9 8 Proposed Rydges Hotel 8 Approved 180 room hotel on the McLaren Parade waterfront. Pirate Life Brewing 9 Local SA Brewer’s new home in the Port. 10 Newport Quays 10 Waterfront residential apartments. Port Adelaide Passenger Terminal 11 14 Last season over 35 cruise ships laden with tourists visited the Port Adelaide Passenger Terminal in Outer Harbor. Osborne Naval Shipyard 12 $90 Billion Australian Naval Defence Project bringing an additional 5 5,000 employees by 2025. French Naval Defence 13 Future submarines, ex TAFE building. Train and Bus 14 Direct rail and bus links to the CBD, Outer Harbor and surrounding suburbs. Commercial Road 15 A mix of pubs, bars, restaurants and casual alfresco dining.
Michael Gillett Edmond Krecsik Samantha McInnes Development Manager Leasing Executive Centre Manager +61 415 482 077 +61 407 547 540 +61 417 542 865 mgillett@precision.com.au ekrecsik@precision.com.au smcinnes@precision.com.au 200 Commercial Road, Port Adelaide SA 5015 portadelaideplaza.com.au/leasing-now
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