121-123 Gouger Street, Adelaide, SA 5000

Belle Property Commercial Adelaide is pleased to present a rare opportunity to secure a fully leased commercial asset in the heart of Adelaide’s internationally recognised Gouger Street precinct.

Offering a distinctive two-level tenancy profile, 121-123 Gouger Street presents a compelling investment with a vibrant food & beverage operator on the ground floor and an established recreational tenant occupying the upper level. Both tenancies are securely leased, providing immediate income from one of Adelaide’s most tightly held CBD locations.

Positioned within the renowned Chinatown precinct, this property benefits from exceptional exposure along Gouger Street - a destination synonymous with dining, culture and entertainment. Surrounded by an extensive mix of restaurants, cafés, bars, retail offerings and city amenities, the location attracts consistent pedestrian activity from locals, professionals, students and visitors alike.

The property’s unique combination of hospitality and leisure uses enhances its appeal, capturing the energy of one of Adelaide’s most active precincts. With the iconic Adelaide Central Market, CBD employment hubs and major transport links all within close proximity, 121-123 Gouger Street offers the ideal blend of location, convenience and investment security.

Key Features:

- Fully leased commercial investment
- Ground floor food & beverage tenancy
- Upper-level recreational/pool tenancy
- Prime position within Adelaide’s Chinatown precinct
- Double street frontage and great exposure on Gouger Street
- Valuable rear access
- Zoned City Main Street
- Surrounded by established hospitality, retail and entertainment operators
- Secure income stream in a highly sought-after CBD location

Combining a prominent address with a diverse tenant mix and a position at the centre of Adelaide’s dining and entertainment hub, 121-123 Gouger Street provides investors with an exceptional opportunity to acquire a unique CBD asset.

The property is for sale by private treaty. For more information or to arrange an onsite inspection, please contact the exclusive selling agents:
Calvin Lai
David Buenfeld
Alan Lim

*Approximate areas.
RLA 287133