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RWC Adelaide is delighted to present for sale 970 North East Road, Modbury SA, offered by way of Public Auction.
Perfectly positioned at the major intersection of North East Road and Reservoir Road, the property is the cornerstone to the surrounding retail precinct.
Key investment features:
- Recently renewed 5 + 5 + 5 year to Bendigo Bank Limited
- Located within a key retail precinct, anchored by the Modbury Triangle Shopping Centre and Westfield Tea Tree Plaza
- Long standing bank location, with ASX-listed tenant Bendigo Bank in occupation for over 25 years
- Prime 471sqm* corner allotment fronting the major intersection of North East Road and Reservoir Road which boasts over 41,500 daily passing vehicles
- Tenant has recently undertaken a significant refurbishment of the 216sqm* tenancy
- Tenant pays all outgoings including Land Tax (single holding) and Property Management
- Inner metropolitan location only 15km* northeast of the Adelaide CBD
- Estimated net income of $136,200 per annum plus GST
- No Stamp Duty or GST applicable
970 North East Road, Modbury SA is offered for sale by Public Auction to be held on-site on Friday 28th November at 11am (USP).
For further information on this excellent investment opportunity, please contact the RWC Adelaide team.
*Approx.
Remember to mention you found this property on CommercialReady
RWC Adelaide is delighted to present for sale 970 North East Road, Modbury SA, offered by way of Public Auction.
Perfectly positioned at the major intersection of North East Road and Reservoir Road, the property is the cornerstone to the surrounding retail precinct.
Key investment features:
- Recently renewed 5 + 5 + 5 year to Bendigo Bank Limited
- Located within a key retail precinct, anchored by the Modbury Triangle Shopping Centre and Westfield Tea Tree Plaza
- Long standing bank location, with ASX-listed tenant Bendigo Bank in occupation for over 25 years
- Prime 471sqm* corner allotment fronting the major intersection of North East Road and Reservoir Road which boasts over 41,500 daily passing vehicles
- Tenant has recently undertaken a significant refurbishment of the 216sqm* tenancy
- Tenant pays all outgoings including Land Tax (single holding) and Property Management
- Inner metropolitan location only 15km* northeast of the Adelaide CBD
- Estimated net income of $136,200 per annum plus GST
- No Stamp Duty or GST applicable
970 North East Road, Modbury SA is offered for sale by Public Auction to be held on-site on Friday 28th November at 11am (USP).
For further information on this excellent investment opportunity, please contact the RWC Adelaide team.
*Approx.
Remember to mention you found this property on CommercialReady
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