FREQUENTLY ASKED QUESTIONS
I have a business idea. Can Renew Adelaide get me a property?
If you have a business idea you’d like to get into a rent-free property through the Renew Adelaide program, just sign up for property alerts here. This is the quickest place to find out when a property becomes available. Because Renew Adelaide isn’t a property agent that sources properties for people, the best way to find out about properties is to sign up for property alerts.
WHAT SORT OF PROJECTS DOES RENEW ADELAIDE SUPPORT?
Renew Adelaide supports start-up enterprises that assist to revitalise urban areas through increased activity and foot traffic. This may be a retail outlet, cafe, studio, gallery or anything derived from cultural and commercial activity. Our arrangements with property owners are on a rent-free, 30-day rolling basis. Your project must be capable of being executed quickly.
Renew Adelaide does not support already tested commercial ideas that exist in a physical shop front, but rather new ideas waiting to be tested.
WHERE DOES RENEW ADELAIDE OPERATE?
We currently work with property owners and provide opportunities in the Adelaide CBD via funding from the City of Adelaide and the Government of South Australia, and Port Adelaide via funding from Renewal SA
I NEED A SPACE A FEW MONTHS DOWN THE TRACK. CAN RENEW ADELAIDE HELP?
Maybe, and it’s all subject to the availability of a property. The best place to find out about properties that are available is via our “Property Alerts.” Sign up here.
MY PROJECT IS BASED AROUND CERTAIN SPACE REQUIREMENTS, CAN RENEW ADELAIDE FIND ME THE PERFECT SPACE?
Renew Adelaide relies on the generous donation of property from property owners. In most cases, properties have been vacant for sometime and are not perfect which is why Renew Adelaide looks for projects that are creative and original but can easily adapt to any space. Any modifications to a space must have the permission of the property owner. It is also the responsibility of the participant to fund and execute modifications to the property.
I’VE FOUND A PROPERTY I WANT, CAN YOU HELP ME GAIN ACCESS VIA THE RENEW PROGRAM?
Renew Adelaide cannot specifically look for a property for your business idea, or seek to secure a space you have found. We work to complement, rather than compete with, the commercial real estate industry. We work with supportive landlords and property owners who have donated space to us to help find the most suitable short-term, rent-free tenant to help activate their space.
I'D LIKE TO DO A POP-UP SHOP OR EVENT. CAN RENEW ADELAIDE HELP?
The difficulty for Renew Adelaide is that there is little benefit for the landlord in event spaces. They don’t get their property activated in the same kind of way that a longer term tenant would benefit the space. Also, the prospect of attracting a commercial tenant through an event space is low. Also, many of the spaces we activate require some building works to get them ready for use, in the case of an event, it would be the tenant’s responsibility to invest in these works.
DOES RENEW ADELAIDE PROVIDE FINANCIAL SUPPORT FOR ITS TENANTS?
Renew Adelaide has funds to invest in property and how much is spent and what it is spent on depends on various things. Its priority investment is partnering with the tenant to invest in works that stay with the property such as bathrooms and upgrading broken features. The tenant is responsible for investing in things that leave with the tenancy like fit out.
Renew Adelaide does provide a network of businesses that support its tenants. A list of them can be found here.