District Outlet Centre Adelaide
Stonebridge Property Group, acting under instructions from KordaMentha as Receivers and Managers, is proud to exclusively present for sale a 100% leasehold interest in District Outlet Centre Adelaide. This is a rare opportunity to acquire one of Australia’s only purpose-built outlet centres, strategically positioned in a booming northern Adelaide trade area expected to grow by more than 113,000 residents to 20461.
Stonebridge Property Group’s Justin Dowers and Carl Molony have been appointed to handle the process.
Outlet centres represent one of the country’s most tightly held retail asset classes, with just 19 nationally and only two having transacted in the past five years.2 Purpose-built in 2023, District Outlet Centre Adelaide offers investors a modern, high-quality outlet centre positioned for income growth and long-term capital appreciation.
Located on Main North Road, Parafield, just 17 kilometres* north of the Adelaide CBD, the Centre comprises 54 predominantly outlet tenancies, anchored by Cotton On Mega, Puma, Hype DC and Forever New. Featuring a strong mix of national and international brands, the Centre captures the spending power of Adelaide’s fastest-growing corridor, where the total trade area retail spend is forecast to rise from $7.3 billion to $18.3 billion by 2046.1
Stonebridge National Partner Justin Dowers said, “With only a handful of outlet centres in existence nationwide, the chance to acquire a near-new, purpose-built asset with such clear upside potential is almost unheard of. District Outlet Centre Adelaide provides an exceptional platform to build upon a strong foundation and deliver outstanding investment upside.”
The Centre sits within the Parafield Airport Commercial Estate, surrounded by high-performing complementary uses including Bunnings, large format retail, automotive dealerships, and quick service retail. It benefits from over 210 metres* of frontage to Main North Road, 584* at-grade car spaces, and direct access from multiple pedestrian entry points.
With the Centre currently 83% leased, there is clear value-add pathways through leasing vacancies, securing major outlet brands, and the ability to expand the centre subject to agreement on lease terms and other approvals.
Stonebridge National Partner Carl Molony added, “Given the prohibitive cost of new development, it’s increasingly uneconomical to replicate outlet centres. This makes existing assets like District Outlet Centre Adelaide incredibly valuable, they’re modern, income-producing, and positioned for continued growth.”
Stonebridge’s retail investments team — which has transacted over $4 billion in major retail assets nationally over the past five years — is managing the Expressions of Interest campaign for District Outlet Centre Adelaide closing Thursday, 20 November 2025 at 5:00pm AEDT (4:30pm ACDT).
For more information, visit www.stonebridge.com.au or contact the Stonebridge Property Group retail investments team.
*Approx.
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