Vietnamese Restaurant + Prime Property Adelaide

Restaurant – Adelaide

This is a contemporary Vietnamese restaurant located on Melbourne Street in North Adelaide, offering a refined dining experience that blends traditional Vietnamese flavours with subtle French and modern influences. Known for its fresh ingredients, thoughtfully crafted dishes, and elegant presentation, Lotus Story has established itself as a standout destination within North Adelaide’s vibrant food scene.

The restaurant operates from Ground Floor, North Adelaide, a highly visible and strategically positioned property situated beneath a residential strata complex. The property was recently purchased in 2024 and repurposed, presenting a rare walk-in, walk-out food and beverage opportunity ideal for an owner-occupier or speculative investor.

Positioned on the ground floor, the tenancy offers approximately 227 sqm of building area* and is fully fitted with a complete commercial kitchen, including:

800L grease trap

Stove

Freezers and refrigerators

Commercial-grade countertops

The property is surrounded by a strong mix of commercial and residential uses and benefits from exceptional exposure, with approximately 15,400 commuters passing daily*. Located in the heart of North Adelaide’s premier food, beverage, and retail precinct, it enjoys close proximity to major landmarks including Adelaide Oval, Adelaide University, and the Royal Adelaide Hospital. The area is well supported by ample off-street parking and a public parking facility located directly behind the building, further enhancing accessibility for patrons.

Overall, restaurant combines an established restaurant brand with a premium, fully equipped hospitality asset in one of Adelaide’s most tightly held dining locations.