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December 26, 2016
Commerce

On the cusp: Gilbert Place

Gilbert Place is quietly getting everything into position before it launches a surprise attack on your perception of the west end.

  • Image: The building at the corner of Gilbert Place and Hindley circa 1927.

Just footsteps from Rundle Mall, at the gateway to Adelaide’s exciting small bar precinct sits a little-known laneway connecting Currie Street to Hindley.

citymag-econ-group-gilbert-place-5 Original elevations of the Paringa Building, which sits atop the vacancy on Gilbert Place. 

It’s a place characterised by iconic heritage buildings and iconic small businesses – The Little Pub, Madame Josephine’s Hairdressers and The Pancake Kitchen have been trading in Gilbert Place since time immemorial. But with the re-imagining of the Colonial Mutual Life building as the Mayfair Hotel and the excellent Hains & Co moving in, this little lane is starting to realise the potential in its old stone walls.

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The window bar at Hains & Co on Gilbert Place

Fresh off the back of their revitalisation of Solomon Street – home to the incredible Sunny’s Pizza and Fairweather Coffee – Adelaide-based developers Econ Property Group are keen to make Gilbert Place a similar success. When the café tenancy at their property – Adelaide Paringa Motel – came up for lease earlier this year the Group decided to take their time in selecting the right operator to take over this premise.

Remarks

 To arrange a site visit or for more details on the lease please call: Mikaella Macey on (08) 8410 3777.

www.econgroup.com.au

More than an empty shopfront, 2 Gilbert Place is a ready-made business. Both Miller Apartments and Adelaide Paringa Motel have expressed interest in working with the new operator to create breakfast options for their guests.

Considering there’re plans to create a pedestrian link between Gilbert Place and Peel Street in the works, a brand new Mexican eatery ready to move in as well as the huge footfall in the area from early morning through to late at night, this vacancy is an incredible opportunity waiting to be realised by the right operator.

Heritage details persist in present day

Heritage details persist in present day

Econ Property Group are looking for an innovative business with a sharp design sense and keen ambition to add to the fabric of this neighbourhood.

The 92 square metre tenancy is fully plumbed and has an existing liquor license attached. 2 Gilbert Place is ready to take off just as soon as you figure out what you want to do with the place!

Just an idea…

A polished breakfast offering would well suit the weary business travellers at Miller Apartments and Adelaide Paringa Motel:

citymag-econ-group-gilbert-place-2

Shaded in summer and cosy in winter, this location and its large glass windows are perfect for people-watching, while dining. Econ Property Group are keen to build on the momentum of the west with a contemporary eatery, serving a fresh take on the All-Day Menu.

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