Melbourne Street leading the charge in North Adelaide

Last updated 22 July, 2022

Melbourne Street has one of the lowest vacancy rates across the city, new data analysed by the Adelaide Economic Development Agency (AEDA) shows.
New figures revealed that 140 of 148 shopfronts were currently occupied along Melbourne Street — a 5.4 per cent vacancy rate.
Nearby O’Connell Street’s vacancy rate was 11.4 per cent, with 93 out of 105 tenancies occupied.
AEDA conducted research on mainstreet vacancies, with respondents saying that Melbourne Street strip had a bespoke, polished and artisan feel.
Shops including Minski ++, Polisu Art Studio, Coffee Gods Cafe, The Store by Sally and Loxley Café all set up shop over the past year.
PLATFRM, Butter & Toast doughnut shop and a new restaurant at a tenancy were recently leased and would open soon.
Melbourne Street’s promising vacancy rates came as the six-storey, $24 million Botten + Bowser started construction, with 90 per cent of all apartments already sold.
Construction is slated for completion by the end of the year.
Gouger Street also had a vacancy rate of 5.4 per cent, with 88 out of 93 tenancies occupied, whereas Rundle Street had 84 of 92 shopfronts leased.

Melbourne Street in the 2022/23 City of Adelaide (CoA) Budget

Melbourne Street has been included in the City of Adelaide’s (CoA) Mainstreet Revitalisation and Improvements initiative.
There will be curated programs and activities that provide opportunities for residents and city visitors to connect and support local businesses.
CoA will work with the State Government on infrastructure improvements on Melbourne Street.