RWC Adelaide

RWC Adelaide Providing the finest quality commercial real estate services to the market

05/06/2026

Wellington Centre // 2 Portrush Road, Payneham

7,259sqm* of inner-eastern Adelaide. Watch it move.

Triple frontage. 154 car parks. $802,103 net passing income p.a.* One of the tightest suburban holdings in Adelaide’s east.

Expressions of Interest closing Thursday 11 June at 4:00pm.

Contact the RWC Adelaide team for more information.

03/06/2026

Getting more industrial land to market is not just about zoning. It is about making that land ready to develop.

Oliver Totani joined Vanessa Rader, Head of Research at Ray White, and Bruce Djite, Executive Director of the Property Council of Australia, for the Between the Lines Live podcast.

In this clip, Oliver discusses the role the private sector may need to play in helping unlock development-ready land across South Australia.

With AUKUS set to drive demand across manufacturing, logistics and employment precincts, the challenge is not just finding land. It is getting that land serviced, connected and ready for businesses to grow into.

Watch the full episode on the Ray White YouTube channel.

Final opportunity.CLOSES TOMORROW // 75E Horseshoe Drive, Two WellsRWC Adelaide and RWC Business Sales are pleased to pr...
02/06/2026

Final opportunity.

CLOSES TOMORROW // 75E Horseshoe Drive, Two Wells

RWC Adelaide and RWC Business Sales are pleased to present a significant horticultural holding in one of South Australia’s fastest expanding northern corridors.

Positioned approximately 40km* north of the Adelaide CBD, the property comprises a substantial 34.7ha* landholding currently owner-operated as Gawler River Tomatoes. With extensive greenhouse infrastructure, packing and processing facilities, water infrastructure and multiple dwellings, this established agricultural operation offers scale, flexibility and future growth upside.

Surrounded by major residential growth including Riverlea and the Two Wells Town Centre redevelopment, the property presents a compelling opportunity for owner-occupiers, investors and land bankers seeking exposure to a high-growth region.

Key investment highlights:
✔️ Significant 34.7ha* landholding across multiple titles
✔️ Flexible tenure options with vacant possession or short-term leaseback available
✔️ Large-scale greenhouse infrastructure comprising 272 hydroponic and 28 traditional greenhouses
✔️ Extensive improvements including packing shed, pump shed, water storage and two dwellings
✔️ Established agricultural operation with over 50 years of vendor ownership and operational history
✔️ Additional income from existing third-party leases, including Telstra telecommunications lease
✔️ Strategic position within a high-growth corridor
✔️ Benefiting from nearby major developments including Riverlea and the Two Wells Town Centre
✔️ Proximity to major infrastructure upgrades including the North-South Motorway

Expressions of Interest close tomorrow, Wednesday 3 June at 4:00pm (ACST).

This is the final opportunity to submit interest in a strategic landholding offering scale, established infrastructure and long-term growth potential.

For further information or to arrange an inspection, please contact the listing agents at RWC Adelaide and RWC Business Sales.

26/05/2026

Oliver Totani joined Vanessa Rader, Head of Research at Ray White, and Bruce Djite, Executive Director of the Property Council of Australia, for the Between the Lines Live podcast.

Together, they unpacked how the AUKUS submarine program could transform Adelaide’s industrial and residential property sectors.

While AUKUS is a major defence story, the flow-on impact is much broader, with pressure expected across industrial land supply, advanced manufacturing, logistics, housing, infrastructure and where businesses will have room to grow.

As discussed in the episode, South Australia has a major opportunity ahead, but the economy can only grow if businesses have somewhere to grow into.

Watch the full episode via the Ray White YouTube channel.

What could the 2026 Budget changes mean for commercial property investors?While the proposed reforms have been framed ar...
24/05/2026

What could the 2026 Budget changes mean for commercial property investors?

While the proposed reforms have been framed around housing, commercial property investors may also feel the impact.

The key areas to watch are CGT, holding structures, disposal timing and whether more private investors begin shifting focus from residential to commercial assets.

Commercial property may become more attractive for investors seeking stronger yields, longer leases and income certainty, but the opportunity still requires careful due diligence.

For those considering their next move, timing and strategy may matter more than ever.

Speak with the RWC Adelaide team to understand where the opportunities may sit in the market.

SOLD by RWC Adelaide | Munno Para Retail Hub |  RWC Adelaide, in conjunction with CBRE Asia Pacific, is pleased to annou...
22/05/2026

SOLD by RWC Adelaide | Munno Para Retail Hub |

RWC Adelaide, in conjunction with CBRE Asia Pacific, is pleased to announce the successful portfolio sell down of the Munno Para Retail Hub.

Comprising five neighbouring LFR/QSR assets within the same high-profile precinct, the campaign delivered a combined total value of more than $20 million at an average yield of 5.20%.

Major tenants included RSEA Safety Australia & New Zealand, Nando's Australia & New Zealand, Zaraffa’s Coffee and JAX Tyres & Auto.

This sell down under scores the continued investor demand for premium, high quality, income-producing retail assets in South Australia.

A special congratulations to Leyton Property and their partners, on the successful completion of another quality project. Munno Para Retail Hub is another strong example of your ability to deliver best in class commercial/retail precincts that attract leading national and established operators, while creating long-term value for investors and the broader community.

Congratulations must also go to the incoming investors on securing these assets within one of South Australia’s key growth corridors. We are confident they will serve you well.

For further information on the sales, or to discuss your next steps, please reach out to the RWC Adelaide team.

19/05/2026

Just Listed // 2 Portrush Road, Payneham

RWC Adelaide is proud to present a once-in-a-generation opportunity to secure a substantial inner-eastern landholding with strong existing cash flow and significant future potential.

Positioned in the heart of Adelaide’s eastern suburbs, 2 Portrush Road, widely recognised as Wellington Centre, comprises 7,259sqm* of land and 3,954sqm* of improvements across a diverse tenant mix. With 154 onsite car parks, strong tenant demand and prominent exposure across Portrush Road, Payneham Road and Henry Street, the property offers immediate income today with long-term flexibility for future outcomes (STCC).

Key investment highlights:
✔️ Significant inner-eastern landholding of 7,259sqm*
✔️ Estimated net passing income of $802,103 p.a.* with room for growth
✔️ Gross lettable area of 3,954sqm*
✔️ 154 valuable onsite car parks
✔️ Strong tenant demand supported by a central eastern suburbs location
✔️ Diverse tenant profile including Fresenius Medical Centre
✔️ Flexible Housing Diversity Neighbourhood zoning
✔️ Triple frontage to Portrush Road, Payneham Road and Henry Street
✔️ NABERS Rating — not disclosure affected

A landmark Payneham holding offering scale, income and future development potential in one of Adelaide’s most tightly held suburban locations.

2 Portrush Road, Payneham is offered for sale via Expressions of Interest, closing Thursday 11 June at 4:00pm.

For further information, please contact the RWC Adelaide team.

Sold // Nando's, Munno ParaRWC Adelaide is pleased to announce the successful sale of this brand new freestanding Nando’...
12/05/2026

Sold // Nando's, Munno Para

RWC Adelaide is pleased to announce the successful sale of this brand new freestanding Nando’s investment, positioned in the heart of Munno Para’s proven fast-food and large format retail precinct.

The campaign highlighted the continued strength of the QSR retail market, with significant private capital still seeking secure, long-leased assets backed by strong national and global tenant covenants. While broader market conditions remain selective, quality QSR investments continue to attract deep buyer demand, with yields tightening and bucking the wider trend.

Key investment highlights:
✔️ Brand new 277sqm* freestanding Nando’s with dual-lane drive-thru
✔️ South Australia’s first drive-thru Nando’s store
✔️ New 15-year head office lease to November 2040, with options to 2050
✔️ Net income of $320,000 p.a.* + GST
✔️ Fixed 3% annual rent increases providing guaranteed income growth
✔️ Tenant pays all usual outgoings, including building insurance and management fees
✔️ High-profile 1,378sqm* Torrens Title freehold site
✔️ Exposure to both Main North Road and Curtis Road
✔️ 44,100 vehicles passing daily along Main North Road*
✔️ Positioned alongside Zarraffa’s, Jax Tyres & Auto, North Kitchen, RSEA, BCF, Sydney Tools, Petbarn, Zambrero and more
✔️ Located within South Australia’s fastest growing LGA
✔️ No stamp duty payable

This result reinforces the strength of private investor appetite for premium QSR assets, particularly those offering new construction, long leases, rental growth and exposure to high-growth trade areas.

For strategic advice on your property, contact the RWC Adelaide team.

***In conjunction with CBRE

Another competitive result under the hammer for Adelaide retail.Just Sold // 370-384 Sturt Road, TonsleyWith 8 registere...
08/05/2026

Another competitive result under the hammer for Adelaide retail.

Just Sold // 370-384 Sturt Road, Tonsley

With 8 registered bidders competing, this prominent strip retail investment achieved a sub 3.5% yield, further highlighting the continued strength of neighbourhood retail assets across Adelaide’s southern corridor.

The campaign generated strong interest from buyers attracted to the combination of diversified holding income and long-term development potential on a substantial 1,658sqm* landholding.

Positioned within one of Adelaide’s fastest evolving precincts and surrounded by significant infrastructure investment, the result reinforces the confidence investors continue to place in well-located retail opportunities.

Strip shop retail continues to outperform.

National reach. Six offers. New capital into South Australia.Sold // 97 Eighteenth Street, RenmarkRWC Adelaide is please...
07/05/2026

National reach. Six offers. New capital into South Australia.

Sold // 97 Eighteenth Street, Renmark

RWC Adelaide is pleased to announce the successful sale of Riverland Early Learning Renmark, achieved via an Expressions of Interest campaign in conjunction with Stonebridge.

The campaign generated strong national interest, with six offers received from across South Australia, Western Australia, Victoria and Queensland, ultimately introducing new capital into the South Australian market.

This result reflects the strength of investor demand for secure, long-leased childcare assets, particularly those underpinned by quality operators, modern improvements and strong regional economic fundamentals.

Key campaign highlights:
✔️ Six offers received
✔️ Offers received from SA, WA, VIC and QLD
✔️ New capital introduced to the South Australian market
✔️ Sold via Expressions of Interest campaign
✔️ Strong national enquiry driven by secure childcare fundamentals

The property is secured by a 15-year net lease to 2039, with options to 2049, and is leased to Riverland ELC, a successful multi-site operator. Completed in 2024, the state-of-the-art facility is licensed for 110 children and positioned on a 2,505sqm* site with 23 car parks and 64m* of frontage to the Sturt Highway.

A strong result achieved by tapping into the broadest national market possible, highlighting South Australia’s continued appeal to investors seeking stability, income security and long-term growth.

For strategic advice on your property, contact the RWC Adelaide team.

***In conjunction with Stonebridge

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Level 1 2 Ebenezer Place
Adelaide, SA
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