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Modbury Triangle Shopping Centre, Portfolio 940 North East Road, Modbury, SA 5092

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Modbury Triangle Shopping Centre, Portfolio 940 North East Road, Modbury, SA 5092

Properties / Buy / South Australia / Modbury

Investment Potential

1. Property Summary

Selling Method

Expression of Interest

Selling Details

Contact Agent

Land Area

3.99 hectares (*approx)

Floor Area

16047 m² (*approx)

Property Type

Retail

Sub-type

Shopping Centre

Show All

2. Property Highlights

High Profile Portfolio With Significant Value Add Potential

Massive land holding of 3.99ha*
Significant passing income
92.69%* of portfolio lease

Situated approximately 15km* northeast of the Adelaide CBD, the Modbury Triangle Shopping Centre is strategically located within the flourishing north eastern growth corridor of Adelaide.

Comprising of 7 quality assets, the opportunity is underpinned by an established neighbourhood shopping centre with immediate value add potential & inherent development potential.

Properties include:
• Modbury Triangle Shopping Centre
• 116 Reservoir Road, Modbury
• 108 Reservoir Road, Modbury
• 964 North East Road, Modbury
• 952 North East Road, Modbury
• 32 Smart Road, Modbury
• 12 Smart Road, Modbury

Key property features include:
• Land area: Aggregate site area for the portfolio 39,933sqm (3.99ha)*
• Lettable area: Aggregate NLA for the Portfolio – 16,047sqm*
• Portfolio vacancy: 7.31%
• Car parks: 680*
• Zoning: All assets within the portfolio are zoned Urban Activity Centre within the City of Tea Tree Gully

This exceptional portfolio opportunity is being exclusively marketed by Colliers through a National Expressions of Interest (EOI) campaign closing Thursday 11 August 2022 at 3:00pm (ACST).

Remember to mention you found this property on CommercialReady

Property Type

Retail

Sub-type

Shopping Centre

Land Area

3.99 hectares (*approx)

Floor Area

16047 m² (*approx)

Selling Method

Expression of Interest

Selling Details

Contact Agent

2. Property Highlights

High Profile Portfolio With Significant Value Add Potential

Massive land holding of 3.99ha*
Significant passing income
92.69%* of portfolio lease

Situated approximately 15km* northeast of the Adelaide CBD, the Modbury Triangle Shopping Centre is strategically located within the flourishing north eastern growth corridor of Adelaide.

Comprising of 7 quality assets, the opportunity is underpinned by an established neighbourhood shopping centre with immediate value add potential & inherent development potential.

This exceptional portfolio opportunity is being exclusively marketed by Colliers through a National Expressions of Interest (EOI) campaign closing Thursday 11 August 2022 at 3:00pm (ACST).

Remember to mention you found this property on CommercialReady

Investment Potential