928 North East Road,
Modbury, SA 5092
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Map of 928 North East Road
Landmark Property
The offering of 928 North East Road, Modbury presents a unique opportunity. The site and improvements are incredibly well located and configured to offer countless possibility for developers, owner occupiers, investors and entrepreneurs.
Key property highlights include:
> Significant income secured by a new 10 year lease over portion of the property to Homestead Homes Pty Ltd.
> Landmark property with high exposure in one of the strongest retail precincts in the north eastern suburbs of Adelaide.
> Close proximity to Tea Tree Plaza Regional Shopping Centre, Modbury Triangle Shopping Centre and numerous freestanding ‘bulky goods’ retail outlets.
> Near level site of approximately 4,141 square metres with significant frontage to North East Road and Smart Road.
> Extensive and adaptable improvements with a total gross building area of approximately 1,539 square metres plus substantial bitumen sealed car park to the rear.
> Flexible ‘Regional Centre’ zoning within the City of Tea Tree Gully.
> Easy access to the city, Golden Grove, O’Bahn busway and public transport corridors.
> Rear access via various rights of way.
> Potential existing use rights as commercial offices (subject to statutory consents).
10+5+5 year lease over rear building at $200,000 per annum plus outgoings (excluding Land Tax). Balance available for lease.
Zoned 'Regional Centre’ within the City of Tea Tree Gully.
For sale by Private Treaty.
JLL
RLA 1842
Key property highlights include:
> Significant income secured by a new 10 year lease over portion of the property to Homestead Homes Pty Ltd.
> Landmark property with high exposure in one of the strongest retail precincts in the north eastern suburbs of Adelaide.
> Close proximity to Tea Tree Plaza Regional Shopping Centre, Modbury Triangle Shopping Centre and numerous freestanding ‘bulky goods’ retail outlets.
> Near level site of approximately 4,141 square metres with significant frontage to North East Road and Smart Road.
> Extensive and adaptable improvements with a total gross building area of approximately 1,539 square metres plus substantial bitumen sealed car park to the rear.
> Flexible ‘Regional Centre’ zoning within the City of Tea Tree Gully.
> Easy access to the city, Golden Grove, O’Bahn busway and public transport corridors.
> Rear access via various rights of way.
> Potential existing use rights as commercial offices (subject to statutory consents).
10+5+5 year lease over rear building at $200,000 per annum plus outgoings (excluding Land Tax). Balance available for lease.
Zoned 'Regional Centre’ within the City of Tea Tree Gully.
For sale by Private Treaty.
JLL
RLA 1842
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Property ID: 5894721Last Updated: 2 May 2018
08 8233 88...
928 North East Road
Modbury, SA 5092
JLL - Adelaide 25 Grenfell Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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