<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-34.9218539" data-lng="138.6353245" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-34.9218539&quot;,&quot;lng&quot;:&quot;138.6353245&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:6354}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;Norwood suburb Area&quot;,&quot;description&quot;:&quot;Local suburb serving as primary market&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;City of Norwood Payneham \u0026 St Peters Area&quot;,&quot;description&quot;:&quot;Wider local government area&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;6,354 People&quot;,&quot;description&quot;:&quot;2021 census population for Norwood suburb as primary catchment&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.7&quot;,&quot;description&quot;:&quot;Annual growth rate for the region 2008-2024&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;40 Years&quot;,&quot;description&quot;:&quot;Median age of residents in Norwood&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.2 People per household&quot;,&quot;description&quot;:&quot;Average household size in the LGA&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Estimated percentage of adults with tertiary education, based on regional data&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;$1,664 Weekly AUD&quot;,&quot;description&quot;:&quot;Median weekly household income from 2021 census&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.1&quot;,&quot;description&quot;:&quot;Unemployment rate in Norwood SA&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;81.7 Index&quot;,&quot;description&quot;:&quot;Numbeo cost of living index for Adelaide 2024&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;$23,000 Annual AUD&quot;,&quot;description&quot;:&quot;Estimated national average retail spend per capita, applicable to region&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;$2,500 Annual AUD per capita&quot;,&quot;description&quot;:&quot;Estimated based on national apparel retail category spend&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;$5,000 Annual AUD per capita&quot;,&quot;description&quot;:&quot;Estimated based on national grocery retail spend&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;$1,200 Annual AUD per capita&quot;,&quot;description&quot;:&quot;Estimated based on national electronics retail spend&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors for popular high street precinct&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Estimated average dwell time for shoppers&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;$8,000 Annual AUD&quot;,&quot;description&quot;:&quot;Estimated retail sales performance for Adelaide high streets&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;250 Stores&quot;,&quot;description&quot;:&quot;Number of shops, cafes and restaurants on The Parade&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of major anchors like supermarkets&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Low Density&quot;,&quot;description&quot;:&quot;Low due to tight vacancy rates&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of retail, dining, services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Boutique shops and unique eateries&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;12,000 sqm&quot;,&quot;description&quot;:&quot;Estimated GLA for the precinct including malls&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;1-2 Levels&quot;,&quot;description&quot;:&quot;Mostly single level high street with some multi-level&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;$500 Annual AUD&quot;,&quot;description&quot;:&quot;Estimated average retail rent in Adelaide high streets&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;2.6&quot;,&quot;description&quot;:&quot;Vacancy rate for The Parade in 2025&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Standard Flexibility&quot;,&quot;description&quot;:&quot;Typical 3-5 year leases with options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;Low Availability&quot;,&quot;description&quot;:&quot;Due to tight market&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Located on The Parade main road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Access&quot;,&quot;description&quot;:&quot;Good bus and tram connections&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;750 Spaces&quot;,&quot;description&quot;:&quot;At Norwood Place mall within precinct&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Busy pedestrian area&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;National high e-commerce penetration&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;Moderate Adoption&quot;,&quot;description&quot;:&quot;Common in Australian retail&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;90.0&quot;,&quot;description&quot;:&quot;High broadband access in urban area&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Low in affluent suburb&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Standard Measures&quot;,&quot;description&quot;:&quot;CCTV and patrols in precinct&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Yes Events&quot;,&quot;description&quot;:&quot;Regular events on The Parade&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;Moderate Penetration&quot;,&quot;description&quot;:&quot;Common in retail stores&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Used in malls and shops&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Based on retail sales growth&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Yes Pipeline&quot;,&quot;description&quot;:&quot;Ongoing interest due to low vacancy&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;High street, no major expansion planned&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:6471,&quot;slug&quot;:&quot;rundle-mall&quot;,&quot;name&quot;:&quot;Rundle Mall&quot;,&quot;lat&quot;:&quot;-34.9214&quot;,&quot;lng&quot;:&quot;138.6025&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Rundle Mall serves as Adelaide&#39;s central pedestrian retail precinct in the heart of the CBD, functioning as a key economic and social hub with over 54 million annual visitors. It captures 47% of city-wide night-time expenditure, totaling $28.2 million in August 2025, up 9% year-on-year, driven by extended trading hours including Friday nights until 9 pm, which yield a 17% uplift in evening spend. The tenant mix features major anchors like Myer and David Jones department stores, alongside specialty retailers such as Haigh’s Chocolates, TAG Heuer, and emerging brands like UNIQLO and Lorna Jane, complemented by diverse hospitality options including upcoming Hunter \u0026 Barrel. Recent leasing activity shows positive momentum with new openings in apparel, optical, and food sectors, alongside relocations and minor closures, reflecting a vacancy rate of 3.4% as of late 2024, among the lowest nationally. Footfall in September 2025 rose 6% year-on-year to support $122 million in sales, up 8%, though below 2023 peaks. Accessibility is strong via public transport, with the mall&#39;s linear layout along Rundle Street facilitating high passer-by traffic, up 5% year-on-year. Demographically, it attracts office workers mid-week, tourists including 50% of cruise passengers, and event-goers like families and international delegates. Operational quality benefits from coordinated events such as Illuminate Adelaide and Christmas activations, enhancing dwell time. Leasing advantages include prime visibility in a high-traffic zone and event synergies boosting exposure, but drawbacks involve competition from suburban malls like Westfield and online retail, potential seasonal fluctuations, and infrastructure maintenance in a historic setting. Market factors show stable growth amid Adelaide&#39;s urban revitalization, with policies supporting 24-hour economy, though saturation in fashion categories poses risks for new entrants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adelaide&quot;},&quot;anchor_tenants&quot;:&quot;Myer, David Jones, Kmart&quot;,&quot;distance&quot;:2.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;700&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Myer, David Jones, Kmart&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:6475,&quot;slug&quot;:&quot;centro-arndale&quot;,&quot;name&quot;:&quot;Centro Arndale&quot;,&quot;lat&quot;:&quot;-34.8741404&quot;,&quot;lng&quot;:&quot;138.5499407&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Centro Arndale, operating as Armada Arndale, is a sub-regional shopping centre in Kilkenny, 7.5 km northwest of Adelaide CBD, established in 1963 with expansions in 1970, 1984, 1999, 2004, and a 2013 refurbishment. It occupies a 10.7-hectare site on Torrens Road with 37.1% coverage, providing expansion potential across five street frontages. Gross leasable area measures approximately 41,000 sqm, accommodating over 100 tenants. Anchor stores include Woolworths, Aldi, Romeo\&quot;s Foodland, Big W, Harris Scarfe, and Hoyts Cinemas, forming a triple-supermarket core. Tenant mix prioritizes convenience: 8 majors, 40+ specialty fashion and accessories, 16 health/beauty outlets, 18 food/beverage venues, 15 services including banks and post office, plus entertainment. Annual footfall reaches 5.3 million, generating $198.3 million MAT as of June 2024. The catchment of 293,001 residents features middle-income families in diverse northwestern suburbs. Accessibility via major roads and bus interchange, plus 2,000 free parking spaces, enhances performance. As a value-driven hub, it benefits from stable essentials demand but contends with competition from larger malls and local economic variability. Leasing appeals through high occupancy, long WALE (7+ years for majors), and casual opportunities, though discretionary categories face saturation risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adelaide&quot;},&quot;anchor_tenants&quot;:&quot;Woolworths,Aldi,Romeo’s Foodland,Big W,Harris Scarfe,Hoyts Cinemas&quot;,&quot;distance&quot;:9.42,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;95&quot;,&quot;gla_sqm&quot;:&quot;24000&quot;,&quot;anchor_tenants&quot;:&quot;Woolworths,Aldi,Romeo’s Foodland,Big W,Harris Scarfe,Hoyts Cinemas&quot;}},{&quot;id&quot;:6473,&quot;slug&quot;:&quot;gepps-x-home-hq&quot;,&quot;name&quot;:&quot;Gepps X Home Hq&quot;,&quot;lat&quot;:&quot;-34.85&quot;,&quot;lng&quot;:&quot;138.6&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Gepps X Home HQ is a prominent large format retail (LFR) homemaker centre located at 750 Main North Road in Gepps Cross, a northern suburb of Adelaide, South Australia. Spanning over 63,000 square metres, it was completed in 2009 and holds the distinction of being South Australias largest integrated bulky goods destination, formerly recognized as the largest in the southern hemisphere. The centre specializes in home and lifestyle products, featuring major national tenants such as Harvey Norman, The Good Guys, JB Hi-Fi Home, Super Amart, Barbeques Galore, and Snooze, alongside specialty stores for furniture, bedding, lighting, flooring, and electronics. This tenant mix caters to consumers seeking bulky home improvement items, benefiting from a format that supports high-volume, drive-in traffic. In the broader Adelaide retail market, LFR vacancy rates remain exceptionally low at around 0.58 percent as of recent reports, indicating strong demand and limited supply for such spaces. South Australian retail sales have shown positive growth, averaging 3.6 percent year-on-year in early 2025, outperforming national averages and supporting stable performance in the homemaker sector. Leasing opportunities here offer advantages like prominent positioning on a major arterial road, drawing from a regional catchment that includes northern Adelaide suburbs with growing populations. However, prospective tenants should consider the centres focus on bulky goods, which may limit crossover to other retail categories, and potential exposure to economic sensitivities in discretionary home spending. Operational quality is maintained by Axiom Properties, with ongoing investments in infrastructure to handle large-scale logistics. Market factors include robust accessibility via key transport links, but competition from nearby centres like Mile End Homemaker Centre could influence performance. Overall, it provides a solid platform for home-related retailers in a market with tightening availability and favorable sales trends.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adelaide&quot;},&quot;anchor_tenants&quot;:&quot;Harvey Norman, The Good Guys, JB Hi-Fi, Anaconda, Spotlight, Super Amart&quot;,&quot;distance&quot;:8.61,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;63000&quot;,&quot;anchor_tenants&quot;:&quot;Harvey Norman, The Good Guys, JB Hi-Fi, Anaconda, Spotlight, Super Amart&quot;}},{&quot;id&quot;:6479,&quot;slug&quot;:&quot;dfo-adelaide&quot;,&quot;name&quot;:&quot;Dfo Adelaide&quot;,&quot;lat&quot;:&quot;-34.949167&quot;,&quot;lng&quot;:&quot;138.519444&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;District Outlet Centre, commonly referred to as DFO Adelaide, is a purpose-built undercover outlet shopping centre located at 22-24 Nobby Buckley Drive, Parafield, in northern Adelaide, South Australia. Opened in July 2023, it spans a gross leasable area of approximately 14,000 square meters with 54 tenancies focused on discounted retail. The tenant mix emphasizes value-oriented fashion, sportswear, accessories, and lifestyle brands, including anchors like Cotton On Mega, Puma, Hype DC, Forever New, Supre, Ally Fashion, Strandbags, and Kaisercraft, alongside categories such as kids and family, beauty, home and electronics, and sports and leisure. Positioned on the high-exposure Main North Road, it serves a growing northern metro catchment of over 995,000 residents, with projected population increases of 113,000 by 2046, driven by suburban expansion and diverse demographics including families and middle-income households. Accessibility includes a 30-minute drive from the Adelaide CBD, nearby bus stops (Stop 40 on Main North Road), and nearly 600 free on-site parking spaces with accessible bays. In the broader Adelaide retail market, where sales grew 3.6% year-over-year as of mid-2025 and large format retail yields stand at 6.13%, this centre offers leasing advantages through outlet-style rents typically 20-40% below prime mall levels, attracting budget-conscious retailers amid stable occupancy trends in suburban assets. However, as one of only 19 national outlet centres, it faces unique risks from receivership proceedings initiated in October 2025 due to developer financial issues, potentially impacting operational stability. Footfall benefits from its status as Adelaides only undercover outlet, drawing regional shoppers, though specific metrics are not publicly detailed; initial opening saw strong reception with over 70% pre-leased space. Operational quality includes extended Thursday hours to 9 PM and daily openings, supporting consistent trade in a market with low retail vacancy rates around 9-11% in key areas. Leasing opportunities highlight low entry costs and growth potential in a resilient SA economy, balanced against northern suburbs competition and infrastructure reliance on road access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adelaide&quot;},&quot;anchor_tenants&quot;:&quot;Nike Unite, Tommy Hilfiger, Polo Ralph Lauren, Coach, Calvin Klein&quot;,&quot;distance&quot;:10.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;65&quot;,&quot;gla_sqm&quot;:&quot;28544&quot;,&quot;anchor_tenants&quot;:&quot;Nike Unite, Tommy Hilfiger, Polo Ralph Lauren, Coach, Calvin Klein&quot;}},{&quot;id&quot;:6292,&quot;slug&quot;:&quot;westfield-marion&quot;,&quot;name&quot;:&quot;Westfield Marion&quot;,&quot;lat&quot;:&quot;-35.0169801&quot;,&quot;lng&quot;:&quot;138.5437278&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Westfield Marion, situated at 297 Diagonal Road in Oaklands Park, 15 km south of Adelaide CBD, stands as South Australias largest shopping centre and Australias 11th largest. Developed in 1968 with expansions through 2016, it spans 136,778 m2 net leasable area across four levels, offering 5,549 parking spaces and proximity to public transport via major roads like Sturt and Morphett. The property hosts approximately 342 stores, anchored by David Jones, Myer, Kmart, Target, Big W, Coles, Woolworths, Aldi, Rebel Sport, and Event Cinemas 26-screen complex, the largest in the Southern Hemisphere. Tenant mix emphasizes fashion (40%), lifestyle and home (20%), food and beverage (15%), entertainment (10%), and services (15%), including health clinics and an integrated aquatic centre. Market position is strong in the southern suburbs, drawing from a main trade area with 74% home ownership and 76% white-collar workforce, supporting $9.8 billion total trade area retail spend in 2024. Per capita spend reaches $18,705, 7% above Adelaide metro average of $17,507. Annual footfall approximates 12 million visitors, bolstered by 99.4% occupancy aligning with Scentre Groups 2024 portfolio rate. Sales metrics show resilience, with tenant sales at $728 million in 2021, likely higher amid 5.5% specialty sales growth. Leasing advantages include low vacancy risk, high traffic for experiential retail, and BrandSpace pop-up options. Drawbacks encompass competition from Colonnades and Westfield Tea Tree Plaza, potential rent escalations (5-7% annually in prime spaces), and vulnerability to economic downturns in manufacturing-heavy Adelaide.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adelaide&quot;},&quot;anchor_tenants&quot;:&quot;David Jones, Myer, Harris Scarfe, Target, Kmart, Big W, Woolworths, Coles, Event Cinemas, Aldi, Rebel Sport&quot;,&quot;distance&quot;:13.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;342&quot;,&quot;gla_sqm&quot;:&quot;138000&quot;,&quot;anchor_tenants&quot;:&quot;David Jones, Myer, Harris Scarfe, Target, Kmart, Big W, Woolworths, Coles, Event Cinemas, Aldi, Rebel Sport&quot;}},{&quot;id&quot;:6991,&quot;slug&quot;:&quot;gepps-cross-shopping-centre&quot;,&quot;name&quot;:&quot;Gepps Cross Shopping Centre&quot;,&quot;lat&quot;:&quot;-34.8451895&quot;,&quot;lng&quot;:&quot;138.6010887&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Gepps Cross Shopping Centre, situated at 750 Main North Road in the northern suburb of Gepps Cross, Adelaide, operates as a major bulky goods and homemaker retail complex covering approximately 63,000 square meters of gross leasable area. Positioned 12 kilometers north of the Adelaide CBD along the Northern Growth Corridor, it enjoys strong accessibility via arterial roads, proximity to the Gepps Cross interchange, and public transport links including bus routes. The tenant mix emphasizes large-format stores specializing in home improvement, furniture, electronics, and outdoor products, with key anchors such as Harvey Norman (SAs largest outlet), JB Hi-Fi Home, The Good Guys, Super Amart, Baby Bunting, Toyworld, Amart Furniture, Spotlight, BCF, and Fantastic Furniture, comprising over 30 specialty retailers. This configuration caters to family-oriented shoppers in the Enfield-Gepps Cross area, characterized by a demographic profile of median age 36, household size 2.5, and median income around $85,000, with population growth of 2% annually per ABS data. Occupancy stands at approximately 95%, aligned with Adelaides suburban retail vacancy rate of 4.2% in Q3 2025 per JLL reports, bolstered by 4.1% year-on-year household spending growth. Leasing opportunities benefit from competitive net rents of $220-320 per sqm, turnover rents, and marketing synergies from anchors, though the centres focus on destination bulky goods may result in lower footfall of 1.2-1.8 million visitors annually compared to regional malls. Operational quality includes modern warehousing-style infrastructure built in 2007 with recent upgrades, but challenges encompass e-commerce pressures on physical retail and occasional traffic congestion at the junction. Overall, it holds a solid market position as South Australias largest homemaker centre, with potential for stable performance amid regional expansion.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adelaide&quot;},&quot;anchor_tenants&quot;:&quot;Coles, Woolworths, Kmart&quot;,&quot;distance&quot;:9.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;22000&quot;,&quot;anchor_tenants&quot;:&quot;Coles, Woolworths, Kmart&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:6340,&quot;slug&quot;:&quot;colonnades-shopping-centre&quot;,&quot;name&quot;:&quot;Colonnades Shopping Centre&quot;,&quot;lat&quot;:&quot;-35.1414693&quot;,&quot;lng&quot;:&quot;138.4965189&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Colonnades Shopping Centre is a two-level regional mall in Noarlunga Centre, South Australia, about 30 km south of Adelaide CBD, with 86,618 sqm GLA and over 170 stores. Anchored by Big W, Kmart, Harris Scarfe, ALDI, Coles, Woolworths, and Bunnings Warehouse, it serves as a community hub for the Fleurieu Peninsula and southern suburbs. The tenant mix includes fashion, food, convenience, and services, with mini-majors like JB Hi-Fi, Cotton On, and Chemist Warehouse contributing to diverse offerings. Annual footfall stands at 6.9 million visits, supported by high occupancy rates around 99% as per Vicinity Centres reports. The total trade area population is 165,800, characterized by middle-income families with growing residential developments nearby. Accessibility is strong via Noarlunga Centre railway station and major bus interchange, plus road links from Beach Road and Goldsmith Drive. Market position is solid as the third-largest center in Adelaide, benefiting from low competition in the outer south, though facing broader retail pressures like online shopping. Leasing advantages include stable anchor tenants driving traffic, potential for renewal growth at 4-5% escalators, and opportunities in expanding categories like health and dining. However, contextual factors include market saturation in discount retail and infrastructure needs for aging sections. Overall, it offers reliable performance for retailers targeting suburban demographics, with sales per sqm aligning with regional averages of about $10,000-$12,000 annually based on portfolio data.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adelaide&quot;},&quot;anchor_tenants&quot;:&quot;Kmart, Big W, Woolworths, Coles, Aldi&quot;,&quot;distance&quot;:27.5,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;88554&quot;,&quot;anchor_tenants&quot;:&quot;Kmart, Big W, Woolworths, Coles, Aldi&quot;}}]}" data-map-update-url-value="/malls/norwood-shopping-centre" id="mall-map-wrapper"><div data-city="Adelaide" data-current-mall="true" data-id="norwood-shopping-centre" data-lat="-34.9218539" data-lng="138.6353245" data-map-target="mall" data-name="Norwood Shopping Centre" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Norwood suburb Area</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">City of Norwood Payneham &amp; St Peters Area</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">6,354 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.7</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">$1,664 Weekly AUD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.1</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">81.7 Index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">$23,000 Annual AUD</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">$2,500 Annual AUD per capita</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">$5,000 Annual AUD per capita</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">$1,200 Annual AUD per capita</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">45 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">$8,000 Annual AUD</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">250 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Low Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">12,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">1-2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">$500 Annual AUD</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">2.6</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">750 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">Moderate Adoption</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">90.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Standard Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Yes Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">Moderate Penetration</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Yes Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>